Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2017
Sep. 30, 2016
Current Assets:    
Cash and cash equivalents $ 198,728 $ 294,351
Prepaid expenses 357,807 598,484
Total Current Assets 556,535 892,835
Property and Equipment, Net of Accumulated Depreciation of $6,795 and $4,780 1,727 3,742
Other Assets:    
Deposits 2,167 2,167
Deferred offering costs 20,000 64,801
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 21,008,963 21,053,764
Total Assets 21,567,225 21,950,341
Current liabilities:    
Accounts payable 1,977,522 909,156
Accrued expenses 654,952 958,101
Accrued compensation 1,218,365 903,250
Accrued interest 97,350 30,871
Notes payable related parties 5,416,303 672,970
Derivative warrant liability 581,164 1,681,973
Due to related party 27,637 27,637
Total Current Liabilities 9,973,293 5,183,958
Commitments and contingencies
Stockholders' Equity    
Preferred stock $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock $0.001 par value; 200,000,000 shares authorized; 5,057,247 and 4,875,871 shares issued and outstanding at June 30, 2017 and September 30, 2016, respectively 5,057 4,876
Additional paid-in capital 36,266,804 34,097,754
Accumulated deficit (24,677,929) (17,336,247)
Total Stockholders Equity 11,593,932 16,766,383
Total Liabilities and Stockholders Equity $ 21,567,225 $ 21,950,341