Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.5.0.2
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Jun. 30, 2016
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 nine months ended June 30, 2016 follows:
 
 
 
Option
Shares
Outstanding
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic
Value
($)
 
Outstanding at September 30, 2015
 
 
10,776,500
 
$
0.30
 
 
-
 
$
-
 
Awarded
 
 
2,785,000
 
$
0.39
 
 
-
 
 
-
 
Exercised
 
 
(362,500)
 
$
0.19
 
 
-
 
 
-
 
Forfeited
 
 
(426,040)
 
$
0.36
 
 
-
 
 
-
 
Outstanding at June 30, 2016
 
 
12,772,960
 
$
0.32
 
 
6.27
 
$
5,429,881
 
Vested
 
 
10,829,562
 
$
0.31
 
 
4.94
 
$
4,084,799
 
Vested and expected to vest at June 30, 2016
 
 
12,772,960
 
$
0.32
 
 
6.27
 
$
5,429,881