Annual report pursuant to Section 13 and 15(d)

LOSS PER SHARE (Tables)

v3.6.0.2
LOSS PER SHARE (Tables)
 12 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of earnings per share

A summary of the net income (loss) and shares used to compute net income (loss) per share for the fiscal years ended September 30, 2016 and 2015 is as follows:  

 

    2016     2015  
Net Loss for computation of basic and diluted net loss per share:                
Net loss   $ (5,940,900 )   $ (3,379,400 )
Basic and Diluted net loss per share:                
Basic net loss per share   $ (9.26 )   $ (6.64 )
                 
Basic and Diluted weighted average shares outstanding     641,844       509,066  
                 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                
Convertible debt     1,441,344       50,348  
Warrants     3,484       4,132  
Options     74,588       63,634