Annual report pursuant to Section 13 and 15(d)

LOSS PER SHARE (Tables)

v2.4.1.9
LOSS PER SHARE (Tables)
 12 Months Ended
Sep. 30, 2014
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, 2014 and 2013 is as follows: 
 
 
2014
 
 
2013
 
Net Loss for computation of basic and diluted net loss per share:
 
 
 
 
 
 
 
 
From continuing operations
 
$
(2,660,100)
 
 
$
(10,888,000)
 
From discontinued operations
 
 
(2,700)
 
 
 
(19,400)
 
Net loss
 
$
(2,662,800)
 
 
$
(10,907,400)
 
Basic and Diluted net loss per share:
 
 
 
 
 
 
 
 
From continuing operations
 
$
(0.03)
 
 
$
(0.14)
 
From discontinued operations
 
 
(0.00)
 
 
 
(0.00)
 
Basic net loss per share
 
$
(0.03)
 
 
$
(0.14)
 
 
 
 
 
 
 
 
 
 
Basic and Diluted weighted average shares outstanding
 
 
99,326,519
 
 
 
75,800,179
 
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
 
Convertible debt
 
 
137,500
 
 
 
22,468,186
 
Warrants
 
 
1,139,415
 
 
 
1,163,976
 
Options
 
 
11,930,872
 
 
 
8,009,536