Annual report pursuant to Section 13 and 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

10. Stock-based Compensation (Tables)

v3.6.0.2

10. Stock-based Compensation (Tables)

12 Months Ended

Sep. 30, 2016

			Weighted		Weighted
			Average		Average
	Number of		Exercise		Remaining
	Shares		Price		Contractual Life		Intrinsic Value
Outstanding at September 30, 2015		175,000	$	11.22		4.76	$	225,750
Granted		–
Exercised		–
Forfeited		–
Outstanding at September, 30 2016		175,000	$	11.22		3.75	$	346,500
Exercisable at September 30, 2016		168,750	$	10.68		3.55	$	346,500

Stock option exercise price

Outstanding				Exercisable
Number of Options		Exercise Price		Number of Options		Exercise Price
	31,250	$	4.98		31,250	$	4.98
	25,000		7.50		25,000		7.50
	31,250		10.02		31,250		10.02
	6,250		12.48		6,250		12.48
	6,250		15.00		–		15.00
	75,000		15.18		75,000		15.18
	175,000				168,750

Non-vested share activity

				Weighted-Average
	Number of			Grant-Date
Non-vested Shares	Shares			Fair Value
Non-vested at September 30, 2015		62,500		$	8.64
Granted		–
Vested		(56,250	)
Non-vested at September 30, 2016		6,250		$	8.64

Assumptions used

Risk-free interest rate		1.01%
Expected life of the options		2.5 to 3.5 years
Expected volatility		140%
Expected dividend yield		0%

- 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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- Definition

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+ 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 (f)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- References

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