Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE LIABILITIES (Tables)

v2.4.1.9
DERIVATIVE LIABILITIES (Tables)
3 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]
The Black-Scholes option-pricing model with the following assumption inputs:
 
 
 
December 31, 2014
 
Annual dividend yield
 
 
-
 
Expected life (years)
 
 
0.5
 
Risk-free interest rate
 
 
0.12
%
Expected volatility
 
 
64.17
%