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Common Stock

12 Months Ended

Sep. 30, 2018

11. Common Stock

During the year ended September 30, 2016, the following common stock transactions occurred:

	●	The Company acquired 747,081 shares of its own common stock at a cost of $7.3 million. These shares were subsequently retired.

	●	The Company issued 125,610 common shares for the conversion of debt and interest in the aggregate amount of $1.3 million.

	●	Warrants exercised during the year amounted to 48,780 shares amounting to $500,000.

	●	The Company paid quarterly dividends of $0.03 per share starting the second quarter for an aggregate amount of $862,000.

During the year ended September 30, 2017, the following common stock transactions occurred:

	●	The Company acquired 89,685 shares of its own common stock at a cost of $1.1 million. These shares were subsequently retired.

	●	The Company paid quarterly dividends of $0.03 per share for an aggregate amount of $1.2 million.

During the year ended September 30, 2018, the Company paid quarterly dividends of $0.03 per share for an aggregate amount of $1.2 million.