Quarterly report pursuant to Section 13 or 15(d)

REGISTERED DIRECT OFFERING 2018 (Tables)

v3.10.0.1
REGISTERED DIRECT OFFERING 2018 (Tables) - Registered Direct Offering 2018 [Member]
9 Months Ended
Jun. 30, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] During the three and nine months ended June 30, 2018, $0 was recorded to decrease the fair value of derivative.
 
Fair Value Measurements Using Significant Unobservable Inputs
(Level 3)
 
June 30,
2018
 
Balance at beginning of year   $ -  
         
Issuances     2,397,454  
         
Adjustments to estimated fair value     -  
         
Ending balance at June 30, 2018   $ 2,397,454  
Schedule Of Assumptions Used To Value Derivative Liability [Table Text Block]
The derivative liabilities were valued as of June 30, 2018 using the Black Scholes Model with the following assumptions:
 
   
June 30,
2018
 
Closing price per share of common stock   $ 0.48  
Exercise price per share   $ 0.50  
Expected volatility     105.94 %
Risk-free interest rate     2.73 %
Dividend yield      
Remaining expected term of underlying securities (years)     5.00