Quarterly report pursuant to Section 13 or 15(d)

NATURE OF OPERATIONS (Details Narrative)

v3.7.0.1
NATURE OF OPERATIONS (Details Narrative)
3 Months Ended
Dec. 06, 2016
$ / shares
shares
Sep. 20, 2016
$ / shares
shares
Aug. 24, 2016
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 29, 2016
USD ($)
Number
$ / shares
shares
Dec. 31, 2015
Sep. 30, 2016
$ / shares
shares
Reverse stock-split  

1-for-200

1-for-200

Approved a 1-for-200 reverse stock-split which was effected on September 21, 2016.

     
Common stock, par value (in dollars per share) | $ / shares   $ 0.001   $ 0.001     $ 0.001
Common stock, issued   200   2,261,061     1,941,061
Common stock, outstanding   200   2,261,061     1,941,061
Estimated Expenses | $       $ 5,750,000      
Eleven Accredited Investors [Member] | Private Placement [Member]              
Common stock purchase price (in dollars per share) | $ / shares         $ 6.25    
Proceeds from issuance of private placement | $         $ 1,500,000    
Number of accredited investors | Number         11    
Number of common stock issued         240,000    
Common Stock Purchase Agreement [Member] | Aspire Capital Fund, LLC [Member]              
Number of common shares purchased 10,000,000            
Agreement term 30 months            
Common stock purchase price (in dollars per share) | $ / shares $ 0.50            
Description of purchase notice

Amount equal to 50,000 shares and the closing sale price of the Company's stock is greater than $0.50 per share, the Company also has the right, in its sole discretion, to present Aspire Capital with a volume-weighted average price purchase notice (each, a “VWAP Purchase Notice”) directing Aspire Capital to purchase an amount of stock equal to up to 30% of the aggregate shares of the Company’s common stock traded on its principal market on the next trading day (the “VWAP Purchase Date”), subject to a maximum number of shares the Company may determine. The purchase price per share pursuant to such VWAP Purchase Notice is generally 95% of the volume-weighted average price for the Company’s common stock traded on its principal market on the VWAP Purchase Date.

           
Common Stock Purchase Agreement [Member] | Aspire Capital Fund, LLC [Member] | Commitment Shares [Member]              
Number of common shares purchased 80,000            
Maximum [Member]              
Reverse stock-split      

1-for-200

 

1-for-200

 
Maximum [Member] | Common Stock Purchase Agreement [Member] | Aspire Capital Fund, LLC [Member]              
Number of shares sold per day 50,000            
Minimum [Member]              
Reverse stock-split      

1-for-10

 

1-for-10