Quarterly report pursuant to Section 13 or 15(d)

CONVERTIBLE DEBT AND EQUITY FINANCINGS (Tables)

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CONVERTIBLE DEBT AND EQUITY FINANCINGS (Tables)
9 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of convertable debt

 

        As of June 30, 2015  
Note Type and Investor   Due Date   Balance     Discount     Carrying
Value
 
Senior Secured 5% Notes Convertible at $0.25
(the “September 2014 Notes”)
      ($)     ($)     ($)  
                       
RSJ Private Equity   03/21/2016   $ 750,000     $ (33,000 )   $ 717,000  
4 Accredited Investors   03/21/2016     300,000       (14,100 )     285,900  
John Pappajohn   03/21/2016     400,000       (17,200 )     382,800  
Tierney Family Trust   03/21/2016     515,000       (24,800 )     490,200  
Oman Ventures   03/21/2016     200,000       (12,500 )     187,500  
Follman Family Trust   03/21/2016     100,000       (4,600 )     95,400  
Total Secured Convertible Promissory (September 2014) Notes       $ 2,265,000     $ (106,200 )   $ 2,158,800