SUBSEQUENT EVENTS (Details Narrative)
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1 Months Ended |
12 Months Ended |
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Dec. 21, 2016
USD ($)
$ / shares
shares
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Dec. 06, 2016
$ / shares
shares
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Nov. 01, 2016
shares
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Oct. 02, 2016
$ / shares
shares
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Sep. 22, 2016
$ / shares
shares
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Apr. 05, 2016
shares
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Jan. 08, 2015
shares
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Nov. 30, 2016
USD ($)
Number
$ / shares
shares
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Sep. 30, 2016
shares
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Sep. 30, 2015
shares
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Sep. 29, 2016
$ / shares
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Mar. 26, 2013
shares
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Dec. 10, 2012
shares
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Mar. 22, 2012
shares
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Number of awarded shares |
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152,250
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10,000
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Common Stock [Member] |
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Number of common stock issued |
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1,500
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2012 Omnibus Incentive Compensation Plan [Member] |
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Number of options authorized |
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500,000
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200,000
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75,000
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27,500
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1,667
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Description of plan terms |
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(i) increase the total number of shares of Common
Stock available for grant under the 2012 Plan from 200,000 shares to an aggregate of 500,000 shares, (ii) add an "evergreen" provision
which, on January 1st of each year through 2022, automatically increases the number of shares subject to the 2012 Plan by the
lesser of: (a) a number equal to 10% of the shares of Common Stock authorized under the 2012 Plan as of the preceding December
31st, or (b) an amount, or no amount, as determined by the Board, but in no event may the number of shares of Common Stock authorized
under the 2012 Plan exceed 885,781 and (iii) increase the annual individual award limits under the 2012 Plan to 100,000 shares
of Common Stock, subject to adjustment in accordance with the 2012 Plan.
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Number of awarded shares |
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1,250
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Description of vesting rights |
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The option vesting is contingent upon the achievement
of agreed upon goals.
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2012 Omnibus Incentive Compensation Plan [Member] | Staff Members [Member] |
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Number of awarded shares |
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7,250
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Description of vesting rights |
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These shares vest pro-rata over 12 months starting
on the date of grant.
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2012 Omnibus Incentive Compensation Plan [Member] | Mr. Robin L. Smith [Member] |
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Description of vesting rights |
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(a) 20% vested on the date of grant, (b) 20% vested
upon receiving CMS approval to bill Medicare, (c) 20% will vest upon signing a healthcare system to use our PEER technology, (d)
20% will vest upon signing a multi-practitioner group to use our PEER technology, and (e) 20% will vest upon up-listing to an
exchange in 1 year.
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2012 Omnibus Incentive Compensation Plan [Member] | Mr. John Pappajohn [Member] |
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Weighted exercise price of awarded shares (in dollars per share) | $ / shares |
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$ 6.00
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2012 Omnibus Incentive Compensation Plan [Member] | Mr. Thomas Tierney (Tierney Family Trust) [Member] |
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Weighted exercise price of awarded shares (in dollars per share) | $ / shares |
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$ 6.00
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Subsequent Event [Member] | Staff Members [Member] |
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Number of awarded shares |
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102,000
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Description of vesting rights |
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Vest pro-rata over 12 months
starting on the date of grant.
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Weighted exercise price of awarded shares (in dollars per share) | $ / shares |
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$ 6.00
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Subsequent Event [Member] | Six Accredited Investors [Member] | Private Placement [Member] |
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Number of common stock issued |
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160,000
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Proceeds from issuance of private placement | $ |
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$ 1,000,000
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Number of accredited investors | Number |
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6
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Common stock issued price per share | $ / shares |
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$ 6.25
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Subsequent Event [Member] | Mr. Robin L. Smith [Member] | Private Placement [Member] |
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Number of common stock issued |
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16,000
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Proceeds from issuance of private placement | $ |
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$ 100,000
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Subsequent Event [Member] | Mr. John Pappajohn [Member] | Private Placement [Member] |
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Number of common stock issued |
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32,000
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Proceeds from issuance of private placement | $ |
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$ 200,000
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Subsequent Event [Member] | Mr. Thomas Tierney (Tierney Family Trust) [Member] | Private Placement [Member] |
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Number of common stock issued |
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32,000
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Proceeds from issuance of private placement | $ |
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$ 200,000
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Subsequent Event [Member] | Aspire Capital Fund, LLC, an Illinois Limited Liability Company [Member] | Common Stock [Member] | Purchase Agreement [Member] |
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Purchase agreement term |
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30 months
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Subsequent Event [Member] | Aspire Capital Fund, LLC, an Illinois Limited Liability Company [Member] | Common Stock [Member] | Purchase Agreement [Member] | Maximum [Member] |
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Number of common stock issued |
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10,000,000
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Subsequent Event [Member] | Aspire Capital Fund, LLC, an Illinois Limited Liability Company [Member] | Common Stock [Member] | Purchase Notice [Member] |
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Description of purchase price |
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1) |
the lowest sale
price of the Company’s common stock on the purchase date; or |
2) |
the arithmetic average
of the three (3) lowest closing sale prices for the Company’s common stock during the twelve (12) consecutive trading
days ending on the trading day immediately preceding the purchase date. |
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Purchase price (in dollars per share) | $ / shares |
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$ 0.50
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Subsequent Event [Member] | Aspire Capital Fund, LLC, an Illinois Limited Liability Company [Member] | Common Stock [Member] | Purchase Notice [Member] | Maximum [Member] |
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Common stock issued price per share | $ / shares |
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$ 0.50
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Number of common stock issued per business day |
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50,000
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Subsequent Event [Member] | Aspire Capital Fund, LLC, an Illinois Limited Liability Company [Member] | Common Stock ("Commitment Shares") [Member] | Purchase Agreement [Member] |
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Number of common stock issued |
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80,000
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Subsequent Event [Member] | Four Accredited Investors [Member] | Private Placement [Member] |
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Number of common stock issued |
48,000
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Proceeds from issuance of private placement | $ |
$ 300,000
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Common stock issued price per share | $ / shares |
$ 6.25
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Subsequent Event [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
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Number of options authorized |
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500,000
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Description of plan terms |
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(i) increase the total number of shares of Common
Stock available for grant under the 2012 Plan from 75,000 shares to an aggregate of 500,000 shares, (ii) add an "evergreen" provision
which, on January 1 of each year through 2022, automatically increases the number of shares subject to the 2012 Plan by the lesser
of: (a) a number equal to 10% of the shares of Common Stock authorized under the 2012 Plan as of the preceding December 31st,
or (b) an amount, or no amount, as determined by the Board, but in no event may the number of shares of Common Stock authorized
under the 2012 Plan exceed 885,781 and (iii) increase the annual individual award limits under the 2012 Plan to 100,000 shares
of Common Stock, subject to adjustment in accordance with the 2012 Plan;
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