Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- 2. Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

9. Stock Options (Tables)

v3.3.1.900

9. Stock Options (Tables)

3 Months Ended

Dec. 31, 2015

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Intrinsic Value
Outstanding at September 30, 2015		1,050,000	$	1.87		4.76	$	225,750
Granted		–
Exercised		–
Forfeited		–
Outstanding at December 31, 2015		1,050,000	$	1.87		4.50	$	149,000
Exercisable at December 31, 2015		675,000	$	1.73		4.01	$	149,000

Stock option exercise price

Outstanding			Exercisable
Number of		Exercise		Number of		Exercise
Options		Price		Options		Price
187,500	$	0.83		187,500	$	0.83
150,000		1.25		150,000		1.25
187,500		1.67		37,500		1.67
37,500		2.08		–		2.08
37,500		2.50		–		2.50
450,000		2.53		300,000		2.53
1,050,000				675,000

Non-vested share activity

Non-vested Shares		Number of Shares		Weighted-Average Grant-Date Fair Value
	Nonvested at September 30, 2015		375,000	$	1.44
	Granted		–
	Vested		–
	Nonvested at December 31, 2015		375,000	$	1.44

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- References

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