SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

9 Months Ended

Jun. 30, 2014

Jun. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Three months ended June 30,
	2014		2013 Restated
Numerator:
Net loss available to stockholders	$	(448,054)	$	(2,568,290)
Denominator:
Weighted average number of common shares – Basic		2,170,378		1,208,295
Weighted average number of common shares – Diluted		2,170,378		1,208,295
Net loss per common share:
Basic	$	(0.21)	$	(2.13)
Diluted	$	(0.21)	$	(2.13)

	For the Nine Months ended June 30,
	2014		2013 Restated
Numerator:
Net loss available to stockholders	$	(8,502,410)	$	(20,266,534)
Denominator:
Weighted average number of common shares – Basic		2,056,510		1,171,252
Weighted average number of common shares – Diluted		2,056,510		1,171,252
Net loss per common share:
Basic	$	(4.13)	$	(17.3)
Diluted	$	(4.13)	$	(17.3)