Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.7.0.1
STOCK-BASED COMPENSATION (Tables) - 2013 Stock Incentive Plan [Member]
 9 Months Ended
Jun. 30, 2017
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, 2017 follows:
 
 
 
Option
Shares
Outstanding
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic
Value
 
Outstanding at September 30, 2016
 
 
12,379,210
 
$
0.33
 
 
6.4
 
$
4,341,816
 
Awarded
 
 
2,515,000
 
$
0.65
 
 
-
 
 
-
 
Exercised
 
 
(240,000)
 
$
0.35
 
 
-
 
 
-
 
Forfeited/Cancelled
 
 
(150,000)
 
$
0.40
 
 
-
 
 
-
 
Outstanding at June 30, 2017
 
 
14,504,210
 
$
0.38
 
 
4.96
 
$
3,290,979
 
Vested
 
 
11,230,022
 
$
0.35
 
 
5.37
 
$
2,869,896
 
Vested and expected to vest at June 30, 2017
 
 
14,504,210
 
$
0.38
 
 
4.96
 
$
3,290,979
 
Nonvested Restricted Stock Shares Activity
Restricted stock activity under the 2013 Plan for the nine months ended June 30, 2017 follows: 
 
 
Restricted
Stock
Activity
 
Non Vested at October 1, 2016
 
 
225,000
 
Awarded
 
 
1,750,000
 
Vested
 
 
(225,000)
 
Forfeited
 
 
-
 
Non Vested at June 30, 2017
 
 
1,750,000
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
 The weighted average restricted stock award date fair value information for the nine months ended June 30, 2017 follows:
 
 
 
Weighted 
Average
Restricted
Stock Award
 
Non Vested at October 1, 2016
 
$
0.72
 
Awarded
 
 
0.65
 
Vested
 
 
0.72
 
Forfeited
 
 
-
 
Non Vested at June 30, 2017
 
$
0.65