8% CONVERTIBLE NOTES (Tables)
|3 Months Ended|
Dec. 31, 2016
|Debt Disclosure [Abstract]|
|Schedule of Derivative Liabilities at Fair Value||
As a result of the conversion of notes we recorded other income of $129,461 for the three months ended December 31, 2015 and due to the change in the estimated fair value of the derivative liability we recorded other income of $137,146 for the three months ended December 31, 2015.
|Schedule of Assumptions Used||
The derivative liability was valued as of September 30, 2015, October 29, 2015 (weighted average conversion date) and December 31, 2015 using Monte Carlo Simulations with the following assumptions:
Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.
Reference 1: http://www.xbrl.org/2003/role/presentationRef