General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations

v2.4.0.8
Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended 12 Months Ended 91 Months Ended 97 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Mar. 31, 2014
Other Revenues $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 431,461 $ 431,461
Operating expenses:                
General and administrative expenses 808,483 117,649 1,445,492 278,411 1,526,075 333,503 3,662,040 4,993,967
Research and development expenses 487,090 9,240 630,756 11,290 218,901 87,021 866,673 1,610,996
Total operating expenses 1,295,573 126,889 2,076,248 289,701 1,744,976 420,524 4,528,713 6,604,963
Operating loss (1,295,573) (126,889) (2,076,248) (289,701) (1,744,976) (420,524) (4,097,252) (6,173,502)
Other (expense) income:                
Interest expense (27,765) (45,804) (55,530) (88,212) (108,879) (156,865) (588,597) (644,125)
Loss on issuance of warrants (7,541,693) 0 (7,541,693) 0       (7,541,693)
Adjustment to fair value of derivative 484,875 0 484,875 0       484,875
Other income 0 17 0 20 64 478 53,978 53,977
Total other expense (7,084,583) (45,787) (7,112,348) (88,192) (108,815) (156,387) (534,619) (7,646,966)
Net loss $ (8,380,156) $ (172,676) $ (9,188,596) $ (377,893) $ (1,853,791) $ (576,911) $ (4,631,871) $ (13,820,468)
Net loss per common share basic and diluted $ (0.12) $ (0.03) $ (0.14) $ (0.07) $ (0.09) $ (0.10)    
Weighted average number of shares outstanding 67,344,404 5,645,212 63,744,820 5,645,212 21,366,752 5,645,212