Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.3.1.900
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity
Stock compensation activity under the 2013 Plan for the three months ended December 31, 2015 follows:
 
 
 
Option 
Shares 
Outstanding
 
Weighted 
Average 
Exercise 
Price
 
Weighted 
Average 
Remaining
 Contractual 
Term (years)
 
Aggregate
Intrinsic
Value
($0’s)
 
Outstanding at September 30, 2015
 
 
10,776,500
 
$
0.38
 
 
-
 
$
-
 
Awarded
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Forfeited
 
 
(37,500)
 
$
0.22
 
 
-
 
 
-
 
Outstanding at December 31, 2015
 
 
10,739,000
 
$
0.30
 
 
6.63
 
 
51,400
 
Vested
 
 
8,849,563
 
$
0.32
 
 
4.66
 
 
35,567
 
Vested and expected to vest at December 31, 2015
 
 
10,739,000
 
$
0.30
 
 
6.63
 
 
51,400