DERIVATIVE LIABILITIES (Tables)

9 Months Ended

Jun. 30, 2015

Derivative Liabilities Tables

Key inputs used in fair value calculations

	June 30, 2015		September 30, 2014
Stock Price	$	0.003	$	0.8
Volatility		130%-145%		130%-145%
Strike Price	$	0.0006	$	0.30
Risk-free Rate		0.28%		0.13%
Dividend Rate		0%		0%
Expected Life	12 months – 16 months		12 months – 16 months

Estimated fair values of the liabilities measured on a recurring basis

	Fair Value Measurements at June 30, 2015
	Balance at		Quoted Prices in		Significant Other		Significant
	June 30, 2015		Active Markets		Observable Inputs		Unobservable Inputs
			(Level 1)		(Level 2)		(Level 3)
Warrant derivative liabilities	$	2,032	$	-	$	-	$	2,032
Series A Prefs		209,120		-		209,120		-
Series B Prefs		6,400		-		-		6,400
	$	217,552	$	-	$	209,120	$	8,432

Activity for liabilities measured at estimated fair value using unobservable inputs

	Fair Value Measurements Using
	Significant Unobservable Inputs
	(Level 3)
	Derivative Liabilities
Beginning balance at September  30, 2014	$	241,336
Issuance of Series B Prefs derivative liabilities		160,000
Changes in estimated fair value		(392,904)
Ending balance at June 30, 2015	$	8,432

	Fair Value Measurements Using
	Significant Observable Inputs
	(Level 2)
	Derivative Liabilities
Beginning balance at September 30, 2014	$	972,000
Changes in estimated fair value		(762,880)
Ending balance at June 30, 2015	$	209,120