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COMMON STOCK
6 Months Ended
Mar. 31, 2012
Common Stock [Abstract]  
Common Stock [Text Block]
7. COMMON STOCK

 

During the six months ended March 31, 2012, the Company purchased 93,240 shares of Company common stock for its treasury at an aggregate cost of $721,763. These shares have been retired.

 

During the six months ended March 31, 2012, the Company issued 102,856 shares of common stock for exercised warrants aggregating $899,990.

 

During the six months ended March 31, 2011, the Company purchased 181,800 shares of Company common stock for its treasury at an aggregate cost of $1.4 million. These shares have been retired.

 

During the six months ended March 31, 2011, the Company issued 26,320 shares of common stock for debt aggregating $269,780.