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Subsequent Events

3 Months Ended

12 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Subsequent Events [Text Block]

Note 10	Subsequent Events
	Subsequent to December 31, 2014 the Company issued an aggregate of 1,636,096 shares of common stock pursuant to the conversion of $409,024 face value of convertible debentures at $0.25 per share.

Note 12	Subsequent Events
	Subsequent to September 30, 2014;

	a)	On October 22, 2014, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with one investor for an equity investment of $500,000 at a price of $0.25 per unit. Pursuant to the terms of the Purchase Agreement, the Company agreed to sell, and Lincoln Park agreed to purchase, 2,000,000 shares of common stock. In addition, the Company agreed to issue an aggregate of 4,000,000 stock purchase warrants, of which 2,000,000 are exercisable at $0.30 per share and 2,000,000 are exercisable at $0.42 per share, each for a period of five years, subject to adjustment for stock splits, combinations, and reclassification events.
	b)	The Company issued an aggregate of 5,484,668 shares of common stock pursuant to the conversion of $1,371,167 face value of convertible debentures at $0.25 per share.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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+ Details

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