Quarterly report pursuant to Section 13 or 15(d)

NOTE 6 - STOCKHOLDER EQUITY (Details)

v3.3.0.814
NOTE 6 - STOCKHOLDER EQUITY (Details) - USD ($)
1 Months Ended 6 Months Ended 9 Months Ended
May. 11, 2015
Apr. 15, 2015
Jan. 09, 2013
Jul. 31, 2015
Jun. 30, 2015
May. 31, 2015
Apr. 30, 2015
Mar. 31, 2015
Jan. 31, 2015
Jul. 31, 2013
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Preferred Stock, Shares Authorized                     1,000,000   1,000,000
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)                     $ 0.001   $ 0.001
Proceeds from Issuance of Redeemable Preferred Stock (in Dollars) $ 450,000                   $ 450,000 $ 0  
Class of Warrant or Rights, Granted 374,641                   3,022,471    
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) $ 1.50                        
Warrants, Term of Warrants 5 years                        
Common Stock, Shares Authorized                     50,000,000   50,000,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)                     $ 0.001   $ 0.001
Common Stock, Shares, Issued                     15,026,368   11,179,266
Common Stock, Shares, Outstanding                     15,026,368   11,179,266
Stock Issued During Period, Value, Issued for Services (in Dollars)                     $ 2,949,249    
Class of Warrant or Rights, Exercised                     164,184    
Proceeds from Issuance or Sale of Equity (in Dollars)                     $ 3,042,213    
Deferred Compensation Liability, Current (in Dollars)                     $ 0   $ 226,305
Private Placement [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Stock Issued During Period, Shares, New Issues                     1,398,760    
Payments of Stock Issuance Costs (in Dollars)                     $ 454,687    
Securities Purchase Agreement                     In connection with the securities purchase agreements described above, the Company entered into registration rights agreements with the purchasers in such private placements pursuant to which the Company agreed to provide certain registration rights with respect to the common stock issued to the investors participating in such private placements and the common stock issuable upon exercise of the related warrants issued such investors. Specifically, the Company agreed to file a registration statement with the Securities and Exchange Commission covering the resale of the shares of common stock issued pursuant to the private placement and issuable upon the exercise of the warrants within 45 days of the termination date of such private placement and to cause such registration statement to be declared effective by the Securities and Exchange Commission, in the event that the registration statement is not reviewed by the Securities and Exchange Commission, within 30 calendar days after the Company is notified that registration statement is not being reviewed by the Securities and Exchange Commission, and within 180 calendar days of the initial filing date of the registration statement in the event that the registration statement is reviewed by the Securities and Exchange Commission and the Securities and Exchange Commission issues comments.If (i) the registration statement is not filed within 45 days of the applicable termination date, (ii) the registration statement is not declared effective by the Securities and Exchange Commission within 30 calendar days after the Company is notified that registration statement is not being reviewed by the Securities and Exchange Commission, in the case of a no review, (iii) the registration statement is not declared effective by the Securities and Exchange Commission within 180 calendar days of the initial filing date of the registration statement in the case of a review by the Securities and Exchange Commission pursuant to which the Securities and Exchange Commission issues comments or (iv) the registration statement ceases to remain continuously effective for more than 10 consecutive calendar days or more than an aggregate of 15 calendar days during any 12-month period after its first effective date, then the Company is subject to liquidated damage payments to the holders of the shares sold in the private placement in an amount equal to 1.0% of the aggregate purchase price paid by such purchasers per month of delinquency, provided, however, that the Company will not be required to make any payments any of the foregoing events occurred at such time that all securities registered or to be registered in the registration statement are eligible for resale pursuant to Rule 144 (without volume restrictions or current public information requirements) promulgated by the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended and provided, further, that the Company will not be required to make any liquidated damage payments with respect to any securities registered or to be registered in the registration statement that the Company is unable to register due to limits imposed by the Securities and Exchange Commission’s interpretation of Rule 415 under the Securities Act of 1933, as amended. Notwithstanding the foregoing, (i) the maximum aggregate liquidated damages due under the registration rights agreements dated December 31, 2013, April 4, 2014 and August 15, 2014 shall be 3% of the aggregate purchase price paid by the purchasers, (ii) the maximum aggregate liquidated damages due under the registration rights agreement dated December 19, 2014 shall be 6% of the aggregate purchase price paid by the purchasers and (iii) if any partial amount of liquidated damages remains unpaid for more than seven days, the Company shall pay interest of 18% per annum, accruing daily, on such unpaid amount.Pursuant to the registration rights agreements, the Company must maintain the effectiveness of the registration statement from the effective date until the date on which all securities registered under the registration statement have been sold, or are otherwise able to be sold pursuant to Rule 144 without volume or manner-of-sale restrictions, subject to the right to suspend or defer the use of the registration statement in certain events.The Company filed a registration statement on May 20, 2015, which was declared effective on June 12, 2015 to satisfy the requirements under the registration rights agreements with the purchasers of its common stock and warrants    
Series A Preferred Stock [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Preferred Stock, Shares Authorized                     200   200
Preferred Stock, Shares Issued                     0   0
Preferred Stock, Shares Outstanding                     0   0
Conversion of Stock, Amount Issued (in Dollars)                     $ 0 1,063,331  
Series B Preferred Stock [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Preferred Stock, Shares Authorized                     600   600
Preferred Stock, Shares Issued                     0   0
Preferred Stock, Shares Outstanding                     0   0
Conversion of Stock, Amount Issued (in Dollars)                     $ 0 997,526  
Series C Preferred Stock [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Preferred Stock, Shares Authorized                     4,200   4,200
Temporary Equity, Shares Authorized     4,200               4,200   4,200
Conversion of Stock, Shares Issued       169,333 296,333 273,473 152,401 169,334 42,334   1,103,208    
Conversion of Stock, Shares Converted       200 350 323 180 200 50   1,303    
Stock Issued During Period, Shares, New Issues 450                 2,181      
Proceeds from Issuance of Redeemable Preferred Stock (in Dollars)                   $ 1,814,910      
Class of Warrant or Rights, Granted     1,330,627                    
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)     $ 2.61               $ 1.50    
Warrants, Term of Warrants     5 years                    
Conversion of Stock, Amount Issued (in Dollars)                     $ 1,654,811 $ 0  
Temporary Equity, Shares Issued                     1,858   2,711
Temporary Equity, Shares Outstanding                     1,858   2,711
Warrants Exercised on Cashless Basis [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Stock Issued During Period, Shares, Other   99,552                 99,552    
Class of Warrant or Rights, Exercised   156,102                 156,102    
2012 Equity Incentive Plan [Member] | Directors and Key Consultants [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Stock Issued During Period, Shares, Issued for Services                     1,227,500    
Stock Issued During Period, Value, Issued for Services (in Dollars)                     $ 2,949,249    
Shares Issued, Price Per Share (in Dollars per share)                     $ 2.40    
Options at $2.09 [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Stock Issued During Period, Shares, Other                     10,000    
Share-based Compensation Arrangement by Share-basd Payment Award, Options, Exercise Price (in Dollars per share)                     $ 2.09    
Warrants at $1.50 [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Class of Warrant or Rights, Granted 374,641                        
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) $ 1.50                   1.50    
Warrants, Term of Warrants 5 years                        
Warrants at $3.09 [Member]                          
NOTE 6 - STOCKHOLDER EQUITY (Details) [Line Items]                          
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)                     $ 3.09    
Stock Issued During Period, Shares, Other                     8,082