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SUBSEQUENT EVENTS
6 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
NOTE 10. SUBSEQUENT EVENTS

In April 2016, the Company sold an additional 1,850,000 Units for a purchase price of $0.54 per Unit and 50,000 Units for a purchase price of $0.60 per unit for gross proceeds of $1,029,000. Each Unit consists of one share of common stock and one Investor Warrant. On May 12, 2016, the Company announced that it had completed the final phase of the private placement of these Units.