Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v2.4.1.9
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Dec. 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 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