Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (732,401) $ (5,188,471)
Depreciation and amortization 192,340 474,958
Stock based compensation expense 123,797 36,338
Amortization of deferred stock compensation 0 17,885
Amortization of debt discount 41,667 0
Provision for uncollectible accounts 43,911 376,395
Non-cash impairment of goodwill and intangibles 0 367,588
Loss/(Gain) on disposal of property and equipment (8,169) 39,134
Changes in assets and liabilities:    
Accounts receivable 104,744 (253,451)
Prepaid expenses and other current assets 26,147 74,636
Deposits and other assets (2,200) 10,492
Accounts payable 231,368 310,435
Accrued liabilities 108,956 (246,344)
Net cash provided by (used in) operating activities 130,160 (3,980,405)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Redemption of certificates of deposits 0 101,293
Expenditures for intangible assets (201,627) 0
Purchases of property and equipment (676) (3,880)
Net cash provided by/(used in) investing activities (202,303) 97,413
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable 0 1,000,000
Payments on notes payable (1,000,000) 0
Principal repayments on capital lease obligations (36,992) (46,003)
Issuance of common stock for cash 2,350,000 300,000
Proceeds from issuance of convertible debt and warrants 250,000 0
Net cash provided by financing activities 1,563,008 1,253,997
INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 1,490,865 (2,628,995)
CASH AND CASH EQUIVALENTS, beginning of period 244,470 3,227,374
CASH AND CASH EQUIVALENTS, end of period 1,735,335 598,379
Noncash financing and investing activities:    
Accrued and unpaid dividends 1,438 1,438
Interest paid 104,132 25,845
Income tax paid (received) $ 0 $ 0