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Note 7. Warrants (Tables)
6 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
Schedule of warrants issued
  

Number of

Units

  

Weighted

Average

Exercise Price

  

Weighted

Average

Remaining

Contractual

Term

(in years)

  

Intrinsic

Value

 
Outstanding at September 30, 2012   109,139   $2.85    4.95    253,202 
                     
Granted   846,363    1.78           
                     
Outstanding at March 31, 2013   955,502   $1.90    4.89    1,855,472 
                     
Exercisable at March 31, 2013   955,502   $1.90    4.89    1,855,472 
Fair value assumptions
Volatility    121%-127% 
Risk-free interest rate    .74% -.89% 
Expected term    5 years 
Forfeiture rate   0%
Dividend yield rate   0%