Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.2.0.727
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Jun. 30, 2015
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 nine months ended June 30, 2015 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
 
 
2,987,500
 
 
0.19
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Forfeited
 
 
(515,625)
 
$
0.35
 
 
-
 
 
-
 
Outstanding at June 30, 2015
 
 
11,109,837
 
$
0.31
 
 
5.36
 
 
292,860
 
Vested
 
 
8,051,432
 
$
0.32
 
 
4.74
 
 
160,901
 
Vested and expected to vest at June 30, 2015
 
 
11,109,837
 
$
0.31
 
 
5.36
 
 
292,860