Annual report pursuant to section 13 and 15(d)

Note 9: Net Loss Per Share (Tables)

Note 9: Net Loss Per Share (Tables)

12 Months Ended

Sep. 30, 2012

The following table presents the computation of basic and diluted loss per share:

	Year Ended September 30,
	2012			2011

Loss from continuing operations	$	(1,587,641	)	$	(5,383,893	)
Less: preferred stock dividends		(1,918	)		(1,918	)
Loss from continuing operations applicable to common stock		(1,589,559	)		(5,385,811	)
Income (loss) from discontinued operations		12,433			(118,355	)
Net loss applicable to common stock	$	(1,577,126	)	$	(5,504,166	)

Weighted average common shares outstanding - basic and diluted		2,068,828			664,167

Earnings per share - basic and diluted:
Loss from continuing operations	$	(0.77	)	$	(8.11	)
Discontinued operations		0.01			(0.18	)
Net loss	$	(0.76	)	$	(8.29	)

Potentially dilutive securities

The following potentially dilutive securities were excluded from the calculation of net loss per share because the effects are antidilutive based on the application of the treasury stock method and/or because the Company incurred net losses during the period:

	Year Ended September 30,
	2012		2011

Options to purchase shares of common stock				24,013
Warrants to purchase shares of common stock		109,139
Series E convertible preferred stock		127,840		127,840
Shares of non-vested restricted stock		263		1,342
		237,242		153,195