Annual report pursuant to Section 13 and 15(d)

LOSS PER SHARE (Tables)

v2.4.0.8
LOSS PER SHARE (Tables)
12 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A summary of the net income (loss) and shares used to compute net income (loss) per share for the fiscal years ended September 30, 2013 and 2012 is as follows:
 
 
 
2013
 
2012
 
Net Loss for computation of basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(10,888,000)
 
$
(2,916,300)
 
From discontinued operations
 
$
(19,400)
 
$
(490,500)
 
Net loss
 
$
(10,907,400)
 
$
(3,406,800)
 
Basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.14)
 
$
(1.55)
 
From discontinued operations
 
$
(0.00)
 
$
(0.26)
 
Basic net loss per share
 
$
(0.14)
 
$
(1.81)
 
Net Loss for computation of dilutive net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(10,888,000)
 
$
(2,916,300)
 
From discontinued operations
 
$
(19,400)
 
$
(490,500)
 
Net loss
 
$
(10,907,400)
 
$
(3,406,800)
 
Diluted net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.14)
 
$
(1.55)
 
From discontinued operations
 
$
(0.00)
 
$
(0.26)
 
Basic net loss per share
 
$
(0.14)
 
$
(1.81)
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
75,800,179
 
 
1,887,508
 
Dilutive common equivalent shares
 
 
-
 
 
-
 
Diluted weighted average common shares
 
 
75,800,179
 
 
1,887,508
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
Convertible debt
 
 
22,468,186
 
 
2,289,131
 
Warrants
 
 
1,163,976
 
 
1,972,998
 
Options
 
 
8,009,536
 
 
548,123