The following table provides a reconciliation of the beginning and ending balances for the major classes of assets and liabilities measured at fair value using significant unobservable inputs (Level 3) and reflects gains and losses for the three months and one year ended December 31, 2014 and September 30, 2014, respectively, for all financial assets and liabilities categorized as Level 3.

	December 31, 2014		September 30, 2014
	(Unaudited)
Liabilities:
Balance of derivative liabilities – beginning of period	$	659,016	$	11,767,504
Change in fair value of derivative liabilities		(621,581)		(11,108,488)
Balance of derivative liabilities – end of period	$	37,435	$	659,016