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6. Derivative Liability (Tables)

6 Months Ended

Mar. 31, 2014

Notes to Financial Statements

Fair value assumptions

Stock price		$6.84 - $7.14
Risk free rate		.11% - .13%
Volatility		135.89%-141.97%
Exercise prices		$6.54 - $8.12
Term (years)		1

Schedule of derivative liability activity

		Amount
Derivative liability balance, September 30, 2013		$	–
Issuance of derivative financial instruments during the six months ended March 31, 2014			139,852
Change in derivative liability during the six months ended March 31, 2014			34,434
Derivative liability balance, March 31, 2014		$	174,286

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- Definition

Tabular disclosure of derivative liabilities at fair value.

+ References

No definition available.

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Tabular disclosure of the activity in the balance of servicing liabilities subsequently measured at fair value (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (through assumptions of servicing obligations, and servicing obligations that result from transfers of financial assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value and a description of those changes, and other changes that affect the balance and a description of those changes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 860

-SubTopic 50

-Section 50

-Paragraph 3

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122625-111746

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