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Supplemental Cash Flow Information
12 Months Ended
Sep. 30, 2017
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information
  Note 8 Supplemental Cash Flow Information

 

Investing and financing activities that do not have a direct impact on current cash flows are excluded from the statement of cash flows.

 

During the year ended September 30, 2016;

 

  i) the Company issued 6,162 shares of common stock upon conversion of $6,162 in principal amount of convertible debentures at a conversion price of $1.00 per share and 167,415 shares of common stock pursuant to the application of an incorrect conversion price for conversion notices received during the year ended September 30, 2015;

 

During the year ended September 30, 2015;

 

  i) the Company issued 7,272,487 shares of common stock and an additional 167,415 shares of common stock became issuable upon conversion of $7,439,900 in principal amount of convertible debentures at a conversion price of $1.00 per share;

 

  ii) the Company reclassified an amount of $4,482,000 into equity upon modification of the terms of certain derivative instruments.

 

  iii) the Company adjusted the price of 658,612 shares of common stock from $2.00 to $1.00 per share pursuant to an anti-dilution provision contained in private placement subscription agreements dated May 31, 2012. Consequently, the Company issued 658,612 shares of common stock for no consideration.