Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS (Tables)

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SUBSEQUENT EVENTS (Tables) (October 2012 Notes [Member])
6 Months Ended
Mar. 31, 2013
October 2012 Notes [Member]
 
Schedule of Debt Conversions [Table Text Block]

From April 1, 2013 through May 13, 2013, three holders of October 2012 Notes converted $325,000 worth of notes plus the interest thereon into 7,171,471 shares of common stock as follow.

 

Conversion
 Date
  Bridge Note
Originated
  Name   Note 
Tranche
  Note 
Amount
    Conversion 
Price per
share
    Total 
Shares
 
04/11/2013   08/22/2012   Meyer Proler MD  (1)   October 2012   $ 50,000       0.04718       1,121,238  
04/30/2013   11/29/2012   Mark & Jill Oman  (2)   October 2012     250,000       0.04718       5,500,212  
04/30/2013   11/29/2012   Andy Sassine          (3)   October 2012     25,000       0.04718       550,021  
                                     
            Total   $ 325,000               7,171,471  

 

(1) Dr. Proler is an accredited investor who provides medical consulting services to the Company

(2) Mark & Jill Oman beneficially own more than 5% of the stock of the Company

(3) Andy Sassine is a Director of the Company