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Other Short-term Loans | 9 Months Ended
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Jun. 30, 2016
Other Short-term Loans [Text Block] |
12. | Other Short-term Loans
Other short-term loans as of September 30, 2015 and June 30, 2016 consisted of the following:
|  |  |  |  |  | September 30, |  |  | June 30, |
|  |  | Note |  |  | 2015 |  |  | 2016 |
| Advance from related parties |  |  |  |  |  |  |  |  |
| – Tianjin BAK New Energy Research Institute Co., Ltd (“Tianjin New Energy”) |  | (a) |  | $ | 6,094 |  | $ | 1,067,688 |
| – Mr. Xiangqian Li, the Company’s Former CEO |  | (b) |  |  | 100,000 |  |  | 100,000 |
|  |  |  |  |  | 106,094 |  |  | 1,167,688 |
| Advances from unrelated third party |  | (c) |  |  |  |  |  |  |
| – Mr. Mingzhe Li |  |  |  |  | - |  |  | 782,108 |
| – Mr. Wenwu Yu |  |  |  |  | - |  |  | 2,683,231 |
| – Mr. Yunfei Li (CEO of the Company since March 1, 2016) |  |  |  |  | 78,661 |  |  | - |
|  |  |  |  |  | 78,661 |  |  | 3,465,339 |
| Advances from equity investors |  | (d) |  |  |  |  |  |  |
| – Mr. Jiping Zhou (Note 1) |  |  |  |  | - |  |  | 829,967 |
| – Mr. Dawei Li (Note 1) |  |  |  |  | - |  |  | 2,029,934 |
|  |  |  |  |  | - |  |  | 2,859,901 |
|  |  |  |  | $ | 184,755 |  | $ | 7,492,928 |
| (a) | The Company received an advance from Tianjin New Energy, a related company under the common control of Mr. Xiangqian Li, the Company’s former CEO, which was unsecured, non-interest bearing and repayable on demand. As of September 30, 2015 and June 30, 2016, the payable to Tianjin New Energy of $453,087 and $280,968, respectively, was included in trade accounts and bills payable.
| (b) | Advance from Mr. Xiangqian Li, the Company’s former CEO, was unsecured, non-interest bearing and repayable on demand.
| (c) | Advances from unrelated third parties were unsecured, non-interest bearing and repayable on demand. The Company has fully repaid the advance to Mr. Wenwu Yu in July 2016.
| (d) | The Company received advances from these investors who are independent from each other. These advances were unsecured, non-interest bearing and repayable on demand. On July 8, 2016, the Company received further advance of $2,656,698 from Mr. Jiping Zhou. On July 28, 2016, the Company entered into a securities purchase agreement with Mr. Jiping Zhou and Mr. Dawei Li to issue and sell an aggregate of 2,206,640 shares of common stock of the Company at $2.5 per share, for an aggregate consideration approximately of $5.52 million. On August 17, 2016, the Company issued these shares to the investors.

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- Definition The entire disclosure for other liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20,24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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