Annual report pursuant to Section 13 and 15(d)

14. Income Taxes (Details - reconciliation)

v3.6.0.2
14. Income Taxes (Details - reconciliation) - USD ($)
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Income tax reconciliation    
Federal statutory rates $ 1,830,150 $ (4,874,337)
State income taxes 161,484 (123,292)
Permanent differences (852,646) 2,794,987
Income not offset by net operating losses (1,083,866) 327,477
Valuation allowance against net deferred tax assets (12,284,278) 2,251,165
Other (264,065) 0
Effective rate $ (12,493,221) $ 376,000
Income tax rate reconciliation    
Federal statutory rates 34.00% 34.00%
State income taxes 3.00% 1.00%
Permanent differences (16.00%) (19.00%)
Income not offset by net operating losses (20.00%) (2.00%)
Valuation allowance against net deferred tax assets (228.00%) (16.00%)
Other (5.00%) 0.00%
Effective rate (227.00%) (3.00%)