Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Condensed Consolidated Statements Of Operations        
Net revenues $ 2,674,406 $ 606,867 $ 3,945,897 $ 1,734,486
Cost of services 2,379,458 178,921 2,746,465 398,470
Gross profit 294,948 427,946 1,199,432 1,336,016
Operating expenses:        
General and administrative expenses 1,606,928 925,658 3,658,497 2,919,565
Sales and marketing expenses 159,555 14,159 409,061 40,766
Total operating expenses 1,766,483 939,817 4,067,558 2,960,331
Operating loss (1,471,535) (511,871) (2,868,126) (1,624,315)
Other expense:        
Interest expense, net (172,708) 407 (284,082) (3,291,288)
Other income 126,093 0 284,480 126,200
Gain (loss) on deriative liability (23,751) 0 (58,185) 0
Total other expense, net (70,366) 407 (57,787) (3,165,088)
Loss from continuing operations (1,541,901) (511,464) (2,925,913) (4,789,403)
Discontinued operations        
Income from discontinued component, including disposal costs 0 295 0 2,708
Income from discontinued operations 0 295 0 2,708
Net loss $ (1,541,901) $ (511,169) $ (2,925,913) $ (4,786,695)
Earnings per share - basic and diluted:        
Loss from continuing operations $ (0.11) $ (0.05) $ (0.23) $ (0.55)
Discontinued operations $ 0 $ 0 $ 0 $ 0
Net loss $ (0.11) $ (0.05) $ (0.23) $ (0.55)
Weighted average common shares outstanding:        
Basic and diluted 13,798,880 10,313,208 12,751,344 8,744,694