Quarterly report pursuant to sections 13 or 15(d)

Note 4: Stock-based Compensation (Tables)

v2.4.0.8
Note 4: Stock-based Compensation (Tables)
9 Months Ended
Jun. 30, 2013
Share-based Compensation [Abstract]  
Stock option activity
          Weighted     Weighted        
          Average     Average        
    Number of     Exercise     Remaining        
    Shares     Price     Contractual Life     Intrinsic Value  
Outstanding at September 30, 2012                              
Granted     225,000     $ 8.47                  
Exercised                              
Forfeited                              
Outstanding at June 30, 2013     225,000     $ 8.47       6.1        
Exercisable at June 30, 2013     25,000     $ 10.00       0.9        
Exercisable at June 30, 2013 and expected to vest thereafter     202,500     $ 8.47       6.1        
Assumptions used to calculate weighted average fair values of the options granted
Volatility   124%-127%
Risk-free interest rate   .08%-.66%
Expected term   1-3.77 years
Forfeiture rate   10%
Dividend yield rate   0%
Stock options
            Weighted-Average  
      Number of     Grant-Date  
Non-vested Shares     Shares     Fair Value  
Nonvested at September 30, 2012            
Granted       200,000     $ 2.18  
Nonvested at June 30, 2013       200,000     $ 2.18  
                     
Restricted stock awards
Outstanding (unvested) at September 30, 2012 263
Granted
Forfeited
Vested
Outstanding (unvested) at June 30, 2013 263