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16. QUARTERLY INFORMATION (Tables)
12 Months Ended
Sep. 30, 2013
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY INFORMATION
Fiscal 2013                              
    Three months     Three months     Three months     Three months        
    ended     Ended     ended     ended     Year ended  
   

December 31

 2012

   

March 31,

2013

   

June 30,

2013

    September 30, 2013     September 30, 2013  

 

Revenue

  $ 15,000     $ 15,405     $ 113,728     $ 15,450     $ 159,583  
Operating expenses     5,059,457       4,255,229       5,626,927       5,087,191       20,027,859  
Non operating  expenses, net     (11,987 )     (11,811 )     (13,666 )     (14,928 )     (53,337 )
Gain on derivative instruments     2,746,198       3,538,264       1,079,392       3,386,812       10,750,666  
Net loss     (2,310,246 )     (713,371 )     (4,447,473 )     (1,699,857 )     (9,170,947 )
Modification of warrants     -       -       (59,531 )     -       (59,531 )
Net loss available to                                        
   common shareholders   $ (2,310,246 )   $ (713,371 )   $ (4,507,004 )   $ (1,699,857 )   $ (9,230,478 )
Net loss per share-basic   $ (0.08 )   $ (0.02 )   $ (0.15 )   $ (0.05 )   $ (0.30 )

 

Net loss per share-diluted

  $ (0.18 )   $ (0.14 )   $ (0.18 )   $ (0.16 )   $ (0.66 )

 

Weighted average shares-basic and diluted

    28,311,602       30,901,177       30,930,650       30,994,932       30,279,442  

 

 

Fiscal 2012                              
    Three months     Three months     Three months     Three months        
    ended     ended     ended     ended     Year ended  
   

December 31

 2011

   

March 31,

2012

   

June 30,

2012

    September 30, 2012     September 30, 2012  

 

Revenue

  $ 5,024     $ 106,543     $ 35,000     $ 108,043     $ 254,610  
Operating expenses     4,448,300       4,368,900       4,248,098       4,432,152       17,497,450  
Non operating income (expenses)     (94,407 )     (27,275 )     (12,737 )     (11,734 )     (146,153 )
Gain/(loss) on derivative instruments     956,470       (4,204,327 )     3,390,389       1,769,151       1,911,683  
Net loss     (3,581,213 )     (8,493,959 )     (835,446 )     (2,566,692 )     (15,477,310 )
Issuance of additional shares  due to reset provision     (250,000 )     -       -       -       (250,000 )
Modification of warrants     (325,620 )     -       -       -       (325,620 )
Inducement warrants     -       (1,593,000 )     -       -       (1,593,000 )
Net loss available to                                        
   common shareholders   $ (4,156,833 )   $ (10,086,959 )   $ (835,446 )   $ (2,566,692 )   $ (17,645,930 )
Net loss per share-basic   $ (0.18 )   $ (0.41 )   $ (0.03 )   $ (0.09 )   $ (0.70 )
Net loss per share-diluted   $ (0.22 )   $ (0.41 )   $ (0.16 )   $ (0.16 )   $ (0.78 )
Weighted average shares-basic and diluted     22,856,844       24,736,959       25,846,758       27,297,495       25,183,654