Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE (Tables)

v3.4.0.3
LOSS PER SHARE (Tables)
6 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of earnings per share

A summary of the net income (loss) and shares used to compute net income (loss) per share for the three months ended March 31, 2016 and 2015 is as follows: 

 

   

Three months ended

March 31,

 
    2016     2015  
Net Loss for computation of basic and diluted net loss per share:                
Net loss   $ (142,700 )   $ (696,300 )
Basic and Diluted net loss per share:                
Basic net loss per share   $ (0.00 )   $ (0.01 )
                 
Basic and Diluted weighted average shares outstanding     102,669,022       101,667,409  
                 
The weighted average of anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                
Convertible debt     83,271,628       1,892,742  
Warrants     80,938,825       781,833  
Options     14,230,011       12,645,994  

 

   

Six months ended

March 31,

 
    2016     2015  
Net Loss for computation of basic and diluted net loss per share:                
Net loss   $ (3,594,000 )   $ (1,570,900 )
Basic and Diluted net loss per share:                
Basic net loss per share   $ (0.04 )   $ (0.02 )
                 
Basic and Diluted weighted average shares outstanding     102,543,215       101,667,409  
                 
The weighted average of anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                
Convertible debt     73,234,048       1,771,371  
Warrants     43,892,108       871,027  
Options     14,230,011       12,531,746