Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Sep. 30, 2012
ASSETS    
Cash $ 671,600 $ 7,700
Accounts receivable (net of allowance for doubtful accounts of $5,900 as of June 30, 2013 and $14,300 as of September 30, 2012 respectively) 12,100 12,400
Prepaids and other receivables 103,400 43,700
Assets of discontinued operations 3,100 17,900
Total current assets 790,200 81,700
Furniture & equipment 19,100 20,000
Other assets 22,000 23,600
TOTAL ASSETS 831,300 125,300
LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES    
Accounts payable (including amounts due to related parties of $266,000 and $260,000 as of June 30, 2013 and September 30, 2012 respectively) 2,997,200 3,086,700
Accrued liabilities 55,800 20,600
Accrued compensation (including $295,200 and $499,100 to related parties as of June 30, 2013 and September 30, 2012 respectively) 756,100 732,700
Accrued consulting fees (including $0 and $81,000 to related parties as of June 30, 2013 and September 30, 2012 respectively) 20,000 104,000
Accrued interest 1,301,100 1,048,800
Promissory note 0 200,000
Derivative liability 0 520,700
Notes Payable, Related Parties 6,522,600  
Current portion of long-term debt 7,000 5,200
Liabilities of discontinued operation (including $0.00 and $89,000 to related parties as of June 30, 2013 and September 30, 2012 respectively) 277,100 288,700
Total current liabilities 11,936,900 13,195,000
LONG-TERM LIABILITIES    
Capital lease 7,900 5,000
Total long-term liabilities 7,900 5,000
TOTAL LIABILITIES 11,944,800 13,200,000
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' DEFICIT:    
Common stock, $0.001 par value; authorized 150,000,000 shares; 49,843,710 and 1,914,175 shares issued and outstanding as of June 30, 2013 and September 30, 2012 respectively 49,800 1,900
Additional paid-in capital (38,318,500) 32,566,700
Accumulated deficit (49,481,800) (45,643,300)
Total stockholders' deficit (11,113,500) (13,074,700)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 831,300 125,300
Senior Subordinated Convertible Promissory Notes-Related Party Payable [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES    
Notes Payable, Related Parties 2,773,900 3,023,900
Subordinated Convertible Promissory Notes-Related Party Payable [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES    
Notes Payable, Related Parties 3,500,000 4,083,300
Unsecured Convertible Promissory Notes-Related Party [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES    
Notes Payable, Related Parties 90,000 52,500
Unsecured convertible promissory note [Member]
    
LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES    
Notes Payable, Related Parties $ 158,700 $ 27,900