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DERIVATIVE WARRANT LIABILITY (Details) - USD ($)
6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Derivative Warrant Liability Details    
Derivative warrant liability, beginning of period $ 738,955 $ 1,450,943
Fair value of warrants issued 704,005 117,976
Total realized/unrealized losses included in net loss [1] 173,906 $ (323,688)
Reclassification of liability to additional paid-in capital (114,308)
Derivative warrant liability, end of period $ 1,502,558 $ 1,245,231
[1] Included in gain (loss) on revaluation of derivative warrant liability in the Condensed Consolidated Statement of Operations.