Quarterly report pursuant to sections 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v2.4.0.8
STOCK-BASED COMPENSATION (Tables)
 6 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
Stock compensation activity under the 2013 Plan is as follows: 
 
 
Option
Shares
Outstanding
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic
Value
 
Outstanding at October 1, 2013
 
 
3,000,000
 
 
 
 
 
 
 
 
 
 
Awarded
 
 
4,869,212
 
$
0.35
 
 
-
 
 
 
 
Exercised
 
 
(231,250)
 
 
0.40
 
 
-
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
-
 
 
 
 
Outstanding at March 31, 2014
 
 
7,637,962
 
$
0.36
 
 
5.67
 
$
29,600
 
Vested
 
 
2,119,803
 
$
0.37
 
 
4.98
 
$
6,100
 
Vested and expected to vest at March 31, 2014
 
 
7,637,962
 
$
0.36
 
 
5.67
 
$
29,600
 
Nonvested Restricted Stock Shares Activity
 
 
Option
Shares
Outstanding
 
Weighted
Average
Grant Date
Fair Value
 
Nonvested at October 1, 2013
 
 
-
 
 
-
 
Awarded
 
 
300,000
 
$
0.345
 
Vested
 
 
(150,000)
 
 
0.345
 
Nonvested at March 31, 2014
 
 
150,000
 
$
0.345