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INCENTIVE STOCK PLAN (Tables)

9 Months Ended

Jun. 30, 2015

Incentive Stock Plan Tables

Schedule of Share-based Compensation, Activity

			Weighted-
			Average		Number
	Number		Remaining		Of
Exercise	Of		Contractual		Options
Price Range	Options		Life (Years)		Exercisable
$0.08		233,319		4.00		233,319

Weighted average assumptions used for option grants

	Nine Months Ended June 30, 2015
Expected term		5 years
Expected average volatility		0.46%
Expected dividend yield		0%
Risk-free interest rate		1.63%
Expected annual forfeiture rate		0%

	Year Ended September 30, 2014

Expected term		1-3 years
Expected average volatility		100%-140%
Expected dividend yield		0%
Risk-free interest rate		0.25%-1.38%
Expected annual forfeiture rate		0%

Shares Authorized under Stock Option Plans

At June 30, 2015, we had the following common stock equivalents underlying convertible debt and the detachable warrants issued with the convertible debt, which are not included in the information above.

		Exercise
		Price		Shares
Detachable warrants		$	0.0006	8,203
Detachable warrants		$	0.0006	40,125
Detachable warrants		$	0.0006	12,915
Detachable warrants		$	0.0006	6,472
				67,715

At September 30, 2014, the Company had the following common stock equivalents from convertible debt and the detachable warrants issued with the convertible debt, which are not included in the information above.

						Exercise
		Price				Shares

Detachable warrants		$	0.0007				8,203
Detachable warrants		$	0.0007				40,125
Detachable warrants		$	0.0007				12,915
Detachable warrants		$	0.0007				6,472
							67,715

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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