Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE (Tables)

v2.4.0.8
LOSS PER SHARE (Tables)
9 Months Ended
Jun. 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 three months ended June 30, 2014 and 2013 are as follows
 
 
 
Three months ended
June 30,
 
 
 
2014
 
2013
 
Net Loss for computation of basic and diluted net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(1,017,700)
 
$
(1,332,200)
 
From discontinued operations
 
 
(1,100)
 
 
(1,800)
 
Net loss
 
$
(1,018,800)
 
$
(1,334,000)
 
Basic and Diluted net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.01)
 
$
(0.03)
 
From discontinued operations
 
 
(0.00)
 
 
(0.00)
 
Basic net loss per share
 
$
(0.01)
 
$
(0.03)
 
 
 
 
 
 
 
 
 
Basic and Diluted weighted average shares outstanding
 
 
100,573,956
 
 
42,691,256
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
Convertible debt
 
 
-
 
 
15,484,248
 
Warrants
 
 
1,100,794
 
 
1,344,222
 
Options
 
 
11,992,499
 
 
9,749,594
 
 
A summary of the net loss and shares used to compute the loss per share for the nine months ended June 30, 2014 and 2013 are as follows:
 
 
 
Nine months ended
June 30,
 
 
 
2014
 
2013
 
Net Loss for computation of basic and diluted net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(1,821,300)
 
$
(3,823,300)
 
From discontinued operations
 
$
(4,400)
 
$
(15,200)
 
Net loss
 
$
(1,825,700)
 
$
(3,838,500)
 
Basic and Diluted net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.02)
 
$
(0.17)
 
From discontinued operations
 
$
(0.00)
 
$
(0.00)
 
Basic net loss per share
 
$
(0.02)
 
$
(0.17)
 
 
 
 
 
 
 
 
 
Basic and Dilutive weighted average shares outstanding
 
 
98,546,223
 
 
22,336,772
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
Convertible debt
 
 
-
 
 
28,520,408
 
Warrants
 
 
1,222,450
 
 
1,064,338
 
Options
 
 
11,768,663
 
 
7,429,517