STOCK-BASED COMPENSATION (Tables) - 2013 Stock Incentive Plan

6 Months Ended

12 Months Ended

Mar. 31, 2016

Sep. 30, 2015

Stock compensation activity under the 2013 Plan for the six months ended March 31, 2016 follows:

					Weighted
			Weighted		Average
	Option		Average		Remaining		Aggregate
	Shares		Exercise		Contractual		Intrinsic
	Outstanding		Price		Term (years)		Value
Outstanding at September 30, 2015		10,776,500	$	0.30		-	$	-
Awarded		-		-		-		-
Exercised		-		-		-		-
Forfeited		(37,500)	$	0.22		-		-
Outstanding at March 31, 2016		10,739,000	$	0.31		5.67		593,828
Vested		9,816,751	$	0.31		4.87		434,330
Vested and expected to vest at March 31, 2016		10,739,000	$	0.31		5.67		593,828

Stock compensation activity under the 2013 Plan for the year ended September 30, 2015 follows:

	Option Shares Outstanding		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value ($0’s)
Outstanding at September 30, 2014		8,637,962	$	0.38		-	$	-
Awarded		4,262,500	$	0.21		-		-
Exercised		1,025,000	$	0.33		-		-
Forfeited		(1,098,962)	$	0.36		-		-
Outstanding at September 30, 2015		10,776,500	$	0.30		6.85	$	335,435
Vested		8,796,959	$	0.32		4.73	$	200,668
Vested and expected to vest at September 30, 2015		10,776,500	$	0.30		6.85	$	335,435

Restricted stock activity under the 2013 Plan for the years ended September 30, 2015 and 2014 follows:

The weighted average restricted stock award date fair value information for the years ended September 30, 2015 and 2014 follows: