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Equity (Tables)

12 Months Ended

Sep. 30, 2021

Equity

Schedule of noncontrolling interest

​

​	​	​	​	​	​	​
​		As of			As of
​	​	September 30,		​	September 30,
​	​	2021		​	2020
Paid-in capital	​	$	107,461	​	$	107,461
Additional paid-in capital	​		807,953	​		807,953
Foreign currency translation gain (loss) attributed to noncontrolling interest	​		14,588	​		(33,828)
Net loss attributed to noncontrolling interest	​		(13,496)	​		(11,520)
Total noncontrolling interest	​	$	916,506	​	$	869,981

Summary of outstanding warrants

​

​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	Weighted
​	​	​	​	Weighted		​	​	​	​	average
​	​	Number	​	average		​	Total		​	remaining
​	​	of	​	exercise		​	intrinsic		​	contractual
​		warrants		price			value			life (in years)
Outstanding as of September 30, 2019		919,808	​	$	6.62	​	$	1,232,543-		3.1
Issued		692,886	​	$	2.00	​		455,365		2.6
Outstanding as of September 30, 2020		1,612,694	​	$	2.00	​		1,059,862		2.1
Issued		275,150,000	​	$	0.0001	​		127,229,360		—
Exercised		(275,150,000)	​	$	0.0001	​		(127,229,360)		—
Outstanding as of September 30, 2021		1,612,694	​	$	0.22	​	$	391,078		1.1
Warrants exercisable as of September 30, 2021		1,612,694	​	$	0.22	​	$	391,078		1.1

Schedule of fair value of the warrants has been estimated using Black-Scholes option pricing model

​

​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	For the Years Ended September 30,																			​
​		2021							2020							2019					​
Exercise price	​	$	0.22	​	-	$	0.30	​	$	2.00	​	-	$	7.183	​	$	6.53	-	$	7.183	​
Stock Price	​	$	0.21	​	-	$	1.08	​	$	0.68	​	-	$	0.72	​	​	​	​	$	5.50	​
Term (in years)	​		1.14	​	-	​	1.59	​		2.31	​	-	​	2.64	​		​	​	​	4.00	​
Volatility	​		108.36	%	-	​	146.04	%		99.55	%	-	​	113.25	%		​	​	​	72.57	%
Risk-free interest rate	​		0.06	%	-	​	0.14	%		0.16	%	-	​	0.58	%		​	​	​	2.94	%
Dividend yield	​		​	​	​	​	—	​		​	​	​	​	—	​		​	​	​	—	​

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Tabular disclosure of information pertaining to non controlling interest.

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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