Quarterly report pursuant to sections 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
 9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
NET LOSS $ (2,572,662) $ (773,762)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2,342 7,749
Gain on change in fair value of derivative liability (18,055) (31,795)
Amortization of notes payable discount 51,618 29,288
Amortization of deferred loan costs 1,331   
Common stock, preferred stock and warrants issued for compensation and services 1,560,650   
Gain on conversions of liabilities to common and preferred stock (472,127)   
Loss on exchange of stock and stock equivalents 1,273,732   
(Increase) decrease in assets:    
Accounts receivable 2,468 (6,488)
Inventory 3,344 519
Prepaid expenses and other current assets    37,386
Increase (decrease) in liabilities:    
Accounts payable (3,743) 212,616
Accrued expenses 72,014 312,974
Deferred revenue (10,583) 40,281
Net Cash Used in Operating Activities (109,671) (171,232)
Cash Flows From Financing Activities:    
Principal payments on notes payable    (2,580)
Proceeds from issuance of preferred stock 35,000   
Proceeds from notes payable - stockholders 174,325 45,000
Payment of convertible notes payable and related liabilities (125,000)   
Proceeds from convertible notes payable    95,000
Net Cash Provided by Financing Activities 84,325 137,420
Net (Decrease) in Cash (25,346) (33,812)
Cash - Beginning of Period 38,420 39,188
Cash - End of Period 13,074 5,376
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 32,806 15,029
NONCASH FINANCING ACTIVITIES:    
Shares issued for conversion of services 618,251 73,750
Shares issued for conversion of services, shares   28,750,000
Shares issued for conversion of notes payable 143,703  
Shares issued for conversion of accrued expenses 623,215 171,298
Shares issued for conversion of accrued expenses, shares   45,959,907
Shares issued for conversion of debt 7,700 76,510
Shares issued from conversion of convertible debt   33,235,653
Shares issued for conversion of derivative liabilities $ 27,363 $ 10,511