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DEBT (Tables)
9 Months Ended
Jun. 30, 2013
DEBT (Tables) [Line Items]  
Schedule Of Equipment Notes Issuance Of Common Shares [Table Text Block]

 

 

June 30,
2013

 

September 30, 2012

Rockridge Note

 

$                 572,879

 

$                878,115

Fuse Note

 

200,000

 

-

Intella2 Investor Notes (excluding portion in notes payable at June 30, 2013)

 

200,000

 

-

Sigma Note (excluding portion in notes payable at June 30, 2013)

 

395,000

 

-

Equipment Notes

 

-

 

350,000

CCJ Note (included in notes payable at June 30, 2013)

 

-

 

100,000

Total convertible debentures

 

1,367,879

 

1,328,115

Less: discount on convertible debentures

 

(299,140)

 

(118,887)

Convertible debentures, net of discount

 

1,068,739

 

1,209,228

Less: current portion, net of discount

 

( 427,299)

 

( 407,384)

Convertible debentures, net of current portion and discount

 

$                 641,440

 

$                 801,844

Schedule of Debt [Table Text Block]

 

 

June 30,
2013

 

September 30, 2012

Line of Credit Arrangement

 

$         1,676,357

 

$        1,526,648

Sigma Note (excluding portion in convertible debentures at June 30, 2013)

 

543,000

 

-

USAC Note

 

311,213

 

-

Subordinated Notes

 

316,667

 

300,000

Intella2 Investor Notes (excluding portion in convertible debentures at June 30, 2013)

 

250,000

 

-

Investor Notes

 

200,000

 

-

CCJ Note (included in convertible debentures at September 30, 2012)

 

118,157

 

-

Equipment Notes and Leases

 

45,061

 

65,590

Total notes and leases payable

 

3,460,455

 

1,892,238

Less: discount on notes payable

 

(425,082)

 

(51,396)

Notes and leases payable, net of discount

 

3,035,373

 

1,840,842

Less: current portion, net of discount

 

( 2,360,843)

 

( 1,650,985)

Notes and leases payable, net of current portion and discount

 

$            674,530

 

$           189,857

Schedule of Maturities of Long-term Debt [Table Text Block]
       

Year Ending June 30

 

 
 

2014

$     3,037,332

 
 

2015

1,791,002

 
 

2016 and thereafter

-

 
 

Total minimum debt payments

$     4,828,334

 
Sigma Note [Member]
 
DEBT (Tables) [Line Items]  
Schedule of Maturities of Long-term Debt [Table Text Block]

June 30, 2013

$7,000

July 31 – September 30, 2013

$12,000 per month

October 31, 2013 – March 31, 2014

$22,000 per month

April 30 – June 30, 2014

$35,000 per month

July 31 – September 30, 2014

$40,000 per month

October 31 – November 30, 2014

$50,000 per month

December 18, 2014

$50,000

December 18, 2014 – Balloon payment

$395,000

Schedule Of Note Repayment Disclosure [Table Text Block]

 

Aggregate Capital Raise

Early Repayment Amount

 .

$500,000 to $1,000,000

Lesser of outstanding principal plus interest or 25% of Capital Raise

 

$1,000,001 to $2,000,000

Lesser of outstanding principal plus interest or 50% of Capital Raise (reduced by any amounts previously repaid as a result of a Capital Raise transaction)

 

$2,000,001 or Higher

All outstanding principal plus Interest must be paid