Quarterly report pursuant to Section 13 or 15(d)

9. Stock Options (Tables)

v2.4.1.9
9. Stock Options (Tables)
3 Months Ended
Dec. 31, 2014
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, 2014     600,000     $ 2.76             $  
Granted                              
Exercised                              
Forfeited                              
Outstanding at December 31, 2014     600,000     $ 2.76       4.51       372,250  
Exercisable at December 31, 2014     187,500     $ 1.67       4.11       276,250  
Non-vested share activity
          Weighted-Average  
    Number of     Grant-Date  
Non-vested Shares   Shares     Fair Value  
Nonvested at September 30, 2014     450,000     $ 0.73  
Granted              
Vested     (37,500 )        
Nonvested at December 31, 2014     412,500     $ 0.73