RELATED PARTIES	12 Months Ended
Sep. 30, 2016
RELATED PARTIES [Abstract]
RELATED PARTIES	(15) RELATED PARTIES Bassi Holding (Note 2) is considered a related party as a greater-than 10% stockholder of the Company. As part of the purchase consideration of Bassi on January 29, 2016 the Company owed net, $2,819,000 to Bassi Holding which is comprised of $3,503,000 pre-acquisition dividends payable to Bassi Holding (see Note 2) less $684,000 owed to Bassi by Bassi Holding. The $684,000 is largely comprised of taxes paid by Bassi on behalf of Bassi Holdings. During 2016 the Company repaid $961,000 to Bassi Holding, net of a foreign currency adjustment, resulting in a net $1,858,000 payable by the Company to Bassi Holding as of September 30, 2016. During the eight-month post-acquisition period ended September 30, 2016, the Company paid $218,000 (2015: $0) in rent to Bassi Holding in respect of the facility occupied by Bassi. As of September 30, 2016 the Company owed $84,000 to Bassi Holding for rent. On August 2, 2016, Ryan Morris, a member of the Board, was elected Executive Chairman of the Board. Mr. Morris is considered a related party as he is President of Meson Capital Partners LLC, a greater-than 10% stockholder of the Company. The Executive Chairman position was terminated on December 6, 2016.

RELATED PARTIES

12 Months Ended

Sep. 30, 2016

(15) RELATED PARTIES

Bassi Holding (Note 2) is considered a related party as a greater-than 10% stockholder of the Company.

As part of the purchase consideration of Bassi on January 29, 2016 the Company owed net, $2,819,000 to Bassi Holding which is comprised of $3,503,000 pre-acquisition dividends payable to Bassi Holding (see Note 2) less $684,000 owed to Bassi by Bassi Holding. The $684,000 is largely comprised of taxes paid by Bassi on behalf of Bassi Holdings. During 2016 the Company repaid $961,000 to Bassi Holding, net of a foreign currency adjustment, resulting in a net $1,858,000 payable by the Company to Bassi Holding as of September 30, 2016.

During the eight-month post-acquisition period ended September 30, 2016, the Company paid $218,000 (2015: $0) in rent to Bassi Holding in respect of the facility occupied by Bassi. As of September 30, 2016 the Company owed $84,000 to Bassi Holding for rent.

On August 2, 2016, Ryan Morris, a member of the Board, was elected Executive Chairman of the Board. Mr. Morris is considered a related party as he is President of Meson Capital Partners LLC, a greater-than 10% stockholder of the Company. The Executive Chairman position was terminated on December 6, 2016.