XML 53 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Non-interest Bearing Liabilities (Tables)
 12 Months Ended
Sep. 30, 2014
Non-interest bearing liabilities [Table Text Block]
    2014     2013  
Senior Convertible Debentures $ 263,727   $ –  
Derivative Financial Instruments   5,456,000     904,000  
  $ 5,719,727   $ 904,000  
Schedule Of Convertible Debt [Table Text Block]
    2014     2013  
             
Senior Convertible Debentures, non–interest bearing, unsecured, due March 18, 2044   7,446,044     –  
Less: Debt Discount   (7,182,317 )   –  
Total carrying value   263,727     –  
Less: current portion   –     –  
Long term liability $ 263,727   $ –  
Company Issuance of Share Purchase Warrants [Table Text Block]
          Non–        
    Purchasers     purchasers     Total  
Series A Warrants   33,333,333     500,000     33,833,333  
Series B Warrants   33,333,333     500,000     33,833,333  
    66,666,666     1,000,000     67,666,666  
Fair Value of the Purchaser and Non-Purchaser Warrants at Issuance [Table Text Block]
Risk-free interest rate 1.56%
Expected life (years) 5.00
Expected volatility 97.16%
Dividend yields 0.00%
Embedded conversion options and warrants [Table Text Block]
      September 30,  
      2014     2013  
               
  Warrants $ –   $ 904,000  
  Embedded conversion features   5,456,000     –  
  Derivative financial instruments $ 5,456,000   $ 904,000  
Schedule of Fair Value of Liabilities Activity [Table Text Block]
      September 30,  
      2014     2013  
               
  Balance, beginning of the period $ 904,000   $ –  
  Fair value at issuance   8,277,000     919,000  
  Change in fair value during the period   (2,956,000 )   (15,000 )
  Transfer to equity upon modification of warrant terms   (221,000 )   –  
  Transfer to equity upon exercise   (548,000 )   –  
  Balance, end of the period $ 5,456,000   $ 904,000  
Amendment Agreements [Member]  
Fair Value of the Purchaser and Non-Purchaser Warrants at Issuance [Table Text Block]
Risk-free interest rate 3.13%
Expected life (years) 29.58
Expected volatility 100.71%
Dividend yields 0.00%
Embedded conversion options and warrants [Member]  
Fair Value of the Purchaser and Non-Purchaser Warrants at Issuance [Table Text Block]
  2014 2013
Risk-free interest rate 3.21% 0.10%
Expected life (years) 29.48 1.25
Expected volatility 100.07% 77.51%
Stock price $0.184 $0.65
Dividend yields 0.00% 0.00%