SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)
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9 Months Ended | 12 Months Ended | ||
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Jun. 30, 2012
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Jun. 30, 2011
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Sep. 30, 2011
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Sep. 30, 2010
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Stockholders' Equity, Reverse Stock Split | 1to30 | |||
Shares Authorized Reduction Shares | 100,000,000 | |||
Stock Issued During Period Minimum Gross Value Conversion Of Convertible Securities | $ 10,000,000 | |||
Debt Instrument, Convertible, Effective Interest Rate | 9.00% | |||
Gains (Losses) on Extinguishment of Debt | 1,968,000 | 1,094,300 | ||
Derivative liability | 6,553,000 | 4,801,200 | ||
Warrant liability | 4,503,400 | 2,193,900 | ||
Conversion option liability | 2,049,600 | 2,607,300 | ||
Derivative Instruments Not Designated as Hedging Instruments, Gain | $ 918,000 | $ 4,753,100 |
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- Definition
Value of debt conversion options that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price. No definition available.
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- Definition
Reduction in the number of shares authorized as a result of reverse stock split during the period. No definition available.
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- Definition
The minimum gross value of stock issued during the period upon the conversion of convertible securities. No definition available.
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- Definition
Value of outstanding warrants that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price. No definition available.
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- Definition
The effective interest rate on the liability component of convertible debt instrument which may be settled in cash upon conversion, including partial cash settlement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gain included in earnings for the period from the change in fair value of derivative instruments not designated as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Description of the reverse stock split arrangement. Also provide the retroactive effect given by the reverse split that occurs after the balance sheet date but before the release of financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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