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

Consolidated Balance Sheets

v3.5.0.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2016
Sep. 30, 2015
Sep. 30, 2014
Current assets:      
Cash $ 1,669,249 $ 3,960,100 $ 833,520
Prepaid expenses and other current assets 90,119 42,919 43,470
Total current assets 1,759,368 4,003,019 876,990
Long-term assets:      
Total assets 1,759,368 4,003,019 876,990
Current liabilities:      
Accounts payable 135,615 231,761 175,832
Accrued expenses and other liabilities 163,386 245,478 267,835
Convertible notes, net of unamortized discount 100,000 473,747 0
Current derivative liabilities 0 335,092 2,280,000
Total current liabilities 399,001 1,286,078 2,723,667
Long-term liabilities:      
Note payable, net of unamortized discount 972,353 966,824 955,766
Accrued interest, net of current portion 270,500 210,000 100,000
Derivative liabilities, net of current portion   0 3,990,000
Total long-term liabilities 1,242,853 1,176,824 5,045,766
Total liabilities $ 1,641,854 $ 2,462,902 $ 7,769,433
Commitments and contingencies
Stockholders’ equity (deficit):      
Common Stock Value $ 110,424 $ 107,392 $ 72,051
Additional paid-in capital 18,139,021 17,154,945 5,810,200
Accumulated deficit (18,131,931) (15,722,220) (12,774,694)
Total stockholders' equity 117,514 1,540,117 (6,892,443)
Total liabilities and stockholders' equity $ 1,759,368 $ 4,003,019 $ 876,990