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I. NET LOSS PER SHARE

6 Months Ended

Mar. 31, 2015

The following tables provide the details of the basic and diluted loss per-share (LPS) computations:

	Six Months Ended March 31,
	2015			2014

Net Loss	$	(20,401,554	)	$	(18,817,445	)
Weighted Average Shares		74,540,112			52,183,654
Basic and Diluted LPS	$	(0.27	)	$	(0.36	)

	Three Months Ended March 31,
	2015			2014

Net Loss	$	(12,556,236	)	$	(13,365,580	)
Weighted Average Shares		75,847,869			56,239,562
Basic and Diluted LPS	$	(0.17	)	$	(0.24	)

The calculation of diluted net loss per share excludes the following potentially dilutive securities because their inclusion would have been anti-dilutive as of March 31:

	2015		2014

Options and Warrants		39,053,522		38,055,205
Unvested Restricted Stock		15,600,000		-
Total		54,653,522		38,055,205

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

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