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I. LOSS PER COMMON SHARE (Tables)

9 Months Ended

Jun. 30, 2016

I. Loss Per Common Share Tables

Computation of dilutive net loss per share

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

		Nine Months Ended June 30, 2016
		Net Loss				Weighted Average Shares				LPS
Basic and dilutive LPS		$	(10,352,366	)			117,412,443			$	(0.09	)

		Three Months Ended June 30, 2016
		Net Loss				Weighted Average Shares				LPS
Basic and dilutive LPS		$	(3,849,324	)			124,132,500			$	(0.03	)

		Nine Months Ended June 30, 2015
		Net Loss				Weighted Average Shares				LPS
Basic and dilutive LPS		$	(24,830,691	)			77,625,511			$	(0.32	)

		Three Months Ended June 30, 2015
		Net Loss				Weighted Average Shares				LPS
Basic LPS		$	(4,429,137	)			83,796,311			$	(0.05	)
Gain on derivatives			(1,100,760	)			1,337,796
Dilutive LPS		$	(5,529,897	)			85,134,107			$	(0.06	)

Antidilutive securities

		2016				2015
Options and Warrants			86,066,292				38,786,333
Convertible Debt			-				1,871,283
Unvested Restricted Stock			15,100,000				15,100,000
Total			101,166,292				55,757,616

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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