Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Sep. 30, 2017
Current assets:    
Cash $ 4,958,073 $ 5,994,052
Prepaid expenses 71,404 85,343
Total current assets 5,029,477 6,079,395
Long-term assets:    
Property and equipment, net 9,927 7,188
Other assets 3,500 3,500
Total long-term assets 13,427 10,688
Total assets 5,042,904 6,090,083
Current liabilities:    
Accounts payable 289,276 264,876
Accrued expenses and other liabilities 181,241 168,655
Total current liabilities 470,517 433,531
Long-term liabilities:    
Long-term derivative liability 1,458,484 3,430,033
Total long-term liabilities 1,458,484 3,430,033
Total liabilities 1,929,001 3,863,564
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value, 300,000,000 shares authorized, 154,052,013 and 138,182,075 shares issued and outstanding as of December 31, 2017 and September 30, 2017, respectively 150,302 149,943
Additional paid-in capital 32,077,871 31,580,022
Accumulated deficit (29,114,270) (29,503,446)
Total stockholders’ equity 3,113,903 2,226,519
Total liabilities and stockholders' equity $ 5,042,904 $ 6,090,083