STOCK-BASED COMPENSATION (Tables)

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Stock compensation activity under the 2013 Plan for the three months ended December 31, 2014 follows:

					Weighted
			Weighted		Average		Aggregate
	Option		Average		Remaining		Intrinsic
	Shares		Exercise		Contractual		Value
	Outstanding		Price		Term (years)		($0’s)
Outstanding at September 30, 2014		8,637,962	$	0.34			$	-
Awarded		537,500		0.17		-		-
Exercised		-		-		-		-
Forfeited		-				-		-
Outstanding at December 31, 2014		9,175,462	$	0.34		5.44		28,750
Vested		5,607,072	$	0.36		4.50		12,583
Vested and expected to vest at December 31, 2014		9,175,462	$	0.34		5.44		28,750

Stock compensation plan activity is as follows:

Common Stock Options

Stock compensation activity under the 2013 Plan for the year ended September 30, 2014 follows:

					Weighted
			Weighted		Average		Aggregate
	Option		Average		Remaining		Intrinsic
	Shares		Exercise		Contractual		Value
	Outstanding		Price		Term (years)		($0’s)
Outstanding at October 1, 2013		3,000,000	$	0.38			$	-
Awarded		5,869,212		0.33		-		-
Exercised		(231,250)		0.40		-		-
Forfeited		-				-		-
Outstanding at September 30, 2014		8,637,962	$	0.34		5.46		2,750
Vested		4,645,935	$	0.36		4.60		76
Vested and expected to vest at September 30, 2014		8,637,962	$	0.34		5.46		2,750

Restricted stock activity under the 2009 Plan and the 2013 Plan for the years ended September 30, 2014 and 2013 follows:

The weighted average restricted stock award date fair value information for the years ended September 30, 2014 and 2013 follows: