Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.19.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Mar. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Derivative Liabilities
Our derivative liabilities have been valued as Level 3 instruments.

 
Level 1
 
Level 2
 
Level 3
 
Total
 
Fair value of convertible note derivative liability – March 31, 2019
 
$
   
$
   
$
180,711
   
$
180,711
 
Securities Excluded from Calculation of Diluted Securities per Share
The following table summarizes the securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive even though the exercise price could be less than the average market price of the common shares:

   
Three and Six Months
Ended
March 31,
 
   
2019
   
2018
 
             
Convertible notes
   
22,224,635
     
12,955,086
 
Warrants
   
2,365,492
     
3,791,966
 
Potentially dilutive securities
   
24,590,127
     
16,747,052