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STOCK WARRANTS
 3 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
STOCK WARRANTS

12. STOCK WARRANTS

 

The following is a summary of stock warrants activity during the year ended September 30, 2016 and 2015. 

 

   Number of Shares  Weighted Average Exercise Price
Balance, September 30, 2014   8,097,600   $0.10 
Warrants granted and assumed   5,014,500   $1.38 
Warrants expired   —      —   
Warrants canceled   —      —   
Warrants exercised   —      —   
Balance, September 30, 2015   13,112,100   $0.59 
Warrants granted and assumed   —     $—   
Warrants expired   —      —   
Warrants canceled   —      —   
Warrants exercised   4,500,000    0.083 
Balance, September 30, 2016   8,612,100   $0.85 

 

As of September 30, 2016, there are warrants exercisable to purchase 8,612,100 shares of common stock in the Company.