XML 53 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Promissory Notes Payable (Tables)
 3 Months Ended 15 Months Ended
Dec. 31, 2013
Dec. 31, 2013
Schedule of Debt [Table Text Block]
      December 31,     September 30,  
      2013     2013  
 

Promissory note dated December 31, 2012 with a principal balance of $93,490 (CDN$100,000) bearing interest at 12% per annum, due on March 31, 2014

  93,490     100,000  
 

 

            
 

Promissory note dated January9, 2013 with a principal balance of $84,060 (CDN$86,677), bearing interest at 12% per annum, secured by all the present and future assets of the Company; due on demand

  81,035     84,060  
 

 

            
 

PromissorynotedatedJanuary9, 2013 with a principal balance of $26,803 (CDN$27,639), bearing interest at 12% per annum, secured by all the present and future assets of the Company; due on demand

  25,839     26,803  
 

 

   200,364     210,863  
 

Less: current portion

   (200,364 )   (210,863 )
    $ -   $ -  
      September 30,  
      2013     2012  
  Promissory note dated June 6, 2012 bearing interest at 8% per annum, due on demand $   -   $ 49,000  
               
  Promissory note dated June 26, 2012 bearing interest at 8% per annum, due on demand   -     250,000  
               
  Promissory note dated December 31, 2012 bearing interest at 12% per annum, due on December 31, 2013   100,000     -  
               
  Promissory note dated January 9, 2013 with a principal balance of $84,060 (CDN$86,677), bearing interest at 12% per annum, secured by all the present and future assets of the Company; due on demand   84,060     -  
               
  Promissory note dated January 9, 2013 with a principal balance of $26,803 (CDN$27,639), bearing interest at 12% per annum, secured by all the present and future assets of the Company; due on demand   26,803     -  
      210,863     299,000  
  Less: current portion   (210,863 )   (299,000 )
    $   -   $   -  
Schedule of promissory note settlements [Table Text Block]  
Amount Settled     Units issued        
            Accrued                 Loss on  
             Date of Note     Principal     Interest     Number     Fair Value     Settlement  
Promissory notes payable                                
June 6, 2012     49,000     3,200     130,501     98,205     46,005  
June 26, 2012     250,000     15,233     663,082     498,972     233,739  
October 17, 2012     150,000     5,425     388,562     292,394     136,969  
November 14, 2012     50,000     1,501     128,753     96,887     45,386  
February 8, 2013     50,000     699     126,747     95,377     44,678  
      549,000     26,058     1,437,645     1,081,835   $ 506,777  
                                 
Accounts payable     1,108,506     -     2,771,265     2,085,386     976,880  
                                 
    $ 1,657,506   $ 26,058     4,208,910   $ 3,167,221   $ 1,483,657  
Schedule of fair value of warrants assumption [Table Text Block]  
Stock price $0.61
Exercise price $0.75
Expected volatility 81.57%
Risk-free discount rate 0.28%
Expected term 1.49 years
Expected dividend yield 0.00%