Balance Sheet

v3.6.0.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Sep. 30, 2016
Current Assets    
Cash and cash equivalents $ 46,764 $ 294,351
Prepaid expenses 443,526 598,484
Total Current Assets 490,290 892,835
Property and Equipment, Net of Accumulated Depreciation of $5,452 and $4,780 3,070 3,742
Other Assets    
Deposits 2,167 2,167
Deferred offering costs 64,801
In-process research and development 19,400,000 19,400,000
Goodwill 1,586,796 1,586,796
Total Other Assets 20,988,963 21,053,764
Total Assets 21,482,323 21,950,341
Current liabilities:    
Accounts payable 985,865 909,156
Accrued expenses 1,847,062 958,101
Accrued compensation 1,010,500 903,250
Accrued interest 44,099 30,871
Notes payable - related parties 1,492,970 672,970
Derivative warrant liability 910,578 1,681,973
Due to related party 27,637 27,637
Total Current Liabilities 6,318,711 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; 74,113,060 and 73,138,060 shares issued and outstanding at December 31, 2016 and September 30, 2016, 74,113 73,138
Additional paid-in capital 34,601,644 34,029,492
Accumulated deficit (19,512,145) (17,336,247)
Total Stockholders' Equity 15,163,612 16,766,383
Total Liabilities and Stockholders' Equity $ 21,482,323 $ 21,950,341

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