Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2013
Sep. 30, 2012
ASSETS    
Cash $ 717,200 $ 7,700
Accounts receivable (net of allowance for doubtful accounts of $5,900 as of March 31, 2013 and $14,300 September 30, 2012 respectively) 18,400 12,400
Prepaids and other receivables (including amounts due to related parties of $10,000 and $0.00 as of March 31, 2013 and September 30, 2012 respectively) 109,600 43,700
Assets of discontinued Operations 1,800 17,900
Total current assets 847,000 81,700
Furniture & equipment 12,600 20,000
Other assets 22,500 23,600
TOTAL ASSETS 882,100 125,300
LIABILITIES AND STOCKHOLDERS' DEFICIENCY CURRENT LIABILITIES    
Accounts payable (including amounts due to related parties of $238,900 and $260,000 as of March 31, 2013 and September 30, 2012 respectively) 2,925,000 3,086,700
Accrued liabilities 71,800 20,600
Accrued compensation (including $280,600 and $499,100 to related parties as of March 31, 2013 and September 30, 2012 respectively) 717,400 732,700
Accrued consulting fees (including $0.00 and $81,000 to related parties as of March 31, 2013 and September 30, 2012 respectively) 20,000 104,000
Accrued interest 1,180,000 1,048,800
Promissory Note 0 200,000
Derivative liability 0 520,700
Notes Payable, Related Parties 7,259,700  
Current portion of long-term debt 4,400 5,200
Liabilities of discontinued operation (including $82,800 and $89,000 to related parties as of March 31, 2013 and September 30, 2012 respectively) 275,600 288,700
Total current liabilities 12,453,900 13,195,000
LONG-TERM LIABILITIES    
Capital lease 2,700 5,000
Total long-term liabilities 2,700 5,000
TOTAL LIABILITIES 12,456,600 13,200,000
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY (DEFICIT):    
Common stock, $0.001 par value; authorized 100,000,000 shares; 29,817,468 and 1,914,175 shares issued and outstanding as of March 31, 2013 and September 30, 2012 respectively 29,800 1,900
Additional paid-in capital 36,543,500 32,566,700
Accumulated deficit (48,147,800) (45,643,300)
Total stockholders' equity (deficit) (11,574,500) (13,074,700)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 882,100 125,300
Senior Subordinated Convertible Promissory Notes-Related Party Payable [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIENCY CURRENT LIABILITIES    
Notes Payable, Related Parties 2,773,900 3,023,900
Subordinated Convertible Promissory Notes-Related Party Payable [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIENCY CURRENT LIABILITIES    
Notes Payable, Related Parties 3,500,000 4,083,300
Unsecured Convertible Promissory Notes-Related Party [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIENCY CURRENT LIABILITIES    
Notes Payable, Related Parties 90,000 52,500
Unsecured convertible promissory note [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIENCY CURRENT LIABILITIES    
Notes Payable, Related Parties $ 895,800 $ 27,900