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STOCKHOLDERS' DEFICIT (Tables)
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3 Months Ended |
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Dec. 31, 2013
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| Schedule of Debt Conversions [Table Text Block] |
Below is a summary of all promissory notes conversions: | Conversion of Notes | | Shares of
Common
Stock | | Conversion
Date | | Conversion
Price | | Principal
Amount | | Interest | | Total | | | Fiscal Year 2012 | | | | | | | | | | | | | | | | | | | | | October 2012 Notes: Unsecured convertible
notes | | | 40,000 | | | 09/19/12 | | $ | 0.04718 | | $ | 1,800 | | $ | 100 | | $ | 1,900 | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year 2013 | | | | | | | | | | | | | | | | | | | | | October 2010 Notes: Senior | | | 303,313 | | | 01/31/13 | | $ | 1.00 | | $ | 250,000 | | $ | 53,300 | | $ | 303,300 | | | subordinated convertible notes | | | 13,943,539 | | | 08/12/13 | | $ | 0.25 | | | 2,773,900 | | | 712,000 | | | 3,485,900 | | | Total October 2010 Notes: | | | 14,246,852 | | | | | | | | $ | 3,023,900 | | $ | 765,300 | | $ | 3,789,200 | | | | | | | | | | | | | | | | | | | | | | | | January 2011 Notes: | | | 1,166,503 | | | 01/31/13 | | $ | 1.00 | | $ | 1,000,000 | | $ | 166,500 | | $ | 1,166,500 | | | Subordinated convertible notes | | | 7,336,500 | | | 08/12/13 | | $ | 0.25 | | | 1,500,000 | | | 334,100 | | | 1,834,100 | | | Total January 2011 Notes: | | | 8,503,003 | | | | | | | | $ | 2,500,000 | | | 500,600 | | $ | 3,000,600 | | | | | | | | | | | | | | | | | | | | | | | | October 2011 Notes: Subordinated convertible notes | | | 9,205,680 | | | 08/12/13 | | $ | 0.25 | | $ | 2,000,000 | | $ | 301,400 | | $ | 2,301,400 | | | | | | | | | | | | | | | | | | | | | | | | February 2012 Notes: Unsecured convertible note | | | 407,700 | | | 08/12/13 | | $ | 0.25 | | $ | 90,000 | | $ | 11,900 | | $ | 101,900 | | | | | | | | | | | | | | | | | | | | | | | | October 2012 Notes: Unsecured convertible notes | | | 44,085,044 | | | 01/18/13 through 09/30/13 | | $ | 0.04718 | | $ | 1,998,200 | | $ | 81,800 | | $ | 2,080,000 | | | Total of Notes Converted in Fiscal 2013 | | | 76,448,279 | | | | | | | | $ | 9,612,100 | | $ | 1,661,000 | | $ | 11,273,100 | | | Total of Notes Converted | | | 76,488,279 | | | | | | | | $ | 9,613,900 | | $ | 1,661,100 | | | 11,275,000 | |
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| Schedule Of Stock Based Compensation Expenses [Table Text Block] |
Stock-based compensation expense is recognized over the employees’ or service provider’s requisite service period, generally the vesting period of the award. Stock-based compensation expense included in the accompanying statements of operations for the three months and three months ended December 31, 2013 and 2012 is as follows: | | | For the three months ended
December 31 | | | | | 2013 | | 2012 | | | Cost of Neurometric Services revenues | | $ | 2,900 | | $ | 2,500 | | | Research | | | 25,700 | | | 24,000 | | | Product Development | | | 71,200 | | | 19,000 | | | Sales and marketing | | | 26,300 | | | 54,500 | | | General and administrative | | | 237,900 | | | 255,500 | | | Total | | $ | 364,000 | | $ | 355,500 | |
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
A summary of stock option activity is as follows:
| | Number of
Shares | | Weighted Average
Exercise Price | | Outstanding at September 30, 2013 | | 9,749,594 | | $ | 1.00 | | | | | | | | | Granted | | 2,300,000 | | | 0.25 | | Exercised | | - | | | - | | Forfeited | | - | | | - | | | | | | | | | Outstanding at December 31, 2013 | | 12,049,594 | | $ | 0.86 |
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| Schedule of Share-based Compensation, Activity [Table Text Block] |
Following is a summary of the status of options outstanding at December 31, 2013:
| Exercise
Price | | Number
of Shares | | Weighted
Average
Contractual
Life | | Weighted
Average
Exercise
Price | | | | | | | | | | | | | | | | $ | 0.04718 | | | 8,955,000 | | | 10 years | | $ | 0.04718 | | | $ | 0.25 | | | 2,550,000 | | | 10 years | | | .25 | | | $ | 3.00 | | | 42,670 | | | 10 years | | | 3.00 | | | $ | 3.60 | | | 28,648 | | | 10 years | | | 3.60 | | | $ | 3.96 | | | 32,928 | | | 10 years | | | 3.96 | | | $ | 9.00 | | | 4,525 | | | 10 years | | | 9.00 | | | $ | 12.00 | | | 28,535 | | | 10 years | | | 12.00 | | | $ | 14.10 | | | 10,000 | | | 10 years | | | 14.10 | | | $ | 15.30 | | | 1,373 | | | 10 years | | | 15.30 | | | $ | 16.50 | | | 262,441 | | | 10 years | | | 16.50 | | | $ | 17.70 | | | 953 | | | 10 years | | | 17.70 | | | $ | 24.00 | | | 4,667 | | | 10 years | | | 24.00 | | | $ | 26.70 | | | 32,297 | | | 10 years | | | 26.70 | | | $ | 28.80 | | | 11,767 | | | 10 years | | | 28.80 | | | $ | 32.70 | | | 83,790 | | | 10 years | | | 32.70 | | | | Total | | | 12,049,594 | | | | | $ | .86 | |
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| Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] |
The warrant activity for the period starting October 1, 2012, through December 31, 2013, is described as follows:
| Warrants | | Exercise
Price | | Issued, Surrendered or Expired in Connection With: | | | | 2,164,440 | | | | | Warrants outstanding at October 1, 2012 | | | | (1,617,345) | | $ | 3.00 | | Warrants forfeited pursuant to the Amended and Restated Consent, Note Amendment and Warrant Forfeiture Agreement dated October 24, 2012 | | | | 127,173 | | $ | 0.04718 | | These warrants were issued to Monarch Capital who acted as placement agents in raising $60,000 from one investor who purchased October 2012 Notes pursuant to the 2012 Bridge Note October Purchase Agreement. | | | | 519,288 | | $ | 0.04718 | | These warrants due to be issued to Tony Pullen who acted as placement agents in raising $350,000 from three investors who purchased October 2012 Notes pursuant to the 2012 Bridge Note October Purchase Agreement. | | | | 100,000 | | $ | 0.25 | | These warrants were issued to D&D Securities Inc. in connection with the Company’s private offering to select accredited investors of shares of restricted common stock at a private of $0.25 per share, in a private placement agreement dated February 20, 2013. | | | | 204,000 | | $ | 0.275 | | These warrants were issued to Monarch Capital who acted as placement agents in raising $510,000 from sixteen accredited investors who purchased common stock, par value $0.001 per share, in a private placement agreement dated February 20, 2013 and May 23, 2013. | | | | 1,497,556 | | $ | 3.03 | | Warrants outstanding at September 30, 2013 | | | | 30,000 | | $ | 0.275 | | These warrants were issued to Monarch Capital who acted as placement agents in raising $75,000 from five accredited investors who purchased common stock, par value $0.001 per share, in a private placement agreement dated October 2, 2013. | | | | 1,527,556 | | $ | 2.98 | | Warrants outstanding at December 31, 2013 | |
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