Quarterly report pursuant to sections 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v2.4.0.8
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
Stock compensation ac tivity under the 2013 Plan for the quarter ended December 31, 2013 follows:
 
 
 
Option 
Shares 
Outstanding
 
Weighted 
Average 
Exercise 
Price
 
Weighted 
Average 
Remaining 
Contractual 
Term (years)
 
Aggregate
 Intrinsic 
Value
 
Outstanding at October 1, 2013
 
 
3,000,000
 
 
 
 
 
 
 
 
 
 
Awarded
 
 
220,000
 
$
0.20
 
 
-
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
 
 
Forfeited
 
 
-
 
 
-
 
 
-
 
 
 
 
Outstanding at December 31, 2013
 
 
3,220,000
 
$
0.37
 
 
5.00
 
$
27,400
 
Vested
 
 
1,555,000
 
$
0.37
 
 
3.90
 
$
6,850
 
Vested and expected to vest at December 31, 2013
 
 
3,220,000
 
$
0.37
 
 
5.00
 
$
27,400