|
Nine Months Ended June 30, 2014
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For the Year Ended September 30, 2013
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For the Year Ended September 30, 2012
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|
Fixed Charges:
|
|||||
|
Interest expense
|
207,262
|
94,986
|
60
|
||
|
Total Fixed Charges
|
207,262
|
94,986
|
60
|
||
|
Earnings:
|
|||||
|
Net income (loss)
|
(4,702,742)
|
(17,452,513)
|
(1,537,275)
|
||
|
Income tax provision (benefit)
|
--
|
--
|
--
|
||
|
Fixed charges
|
207,262
|
94,986
|
60
|
||
|
Total earnings for computation of ratio
|
(4,495,480)
|
(17,357,527)
|
(1,537,215)
|
||
|
Ratio of earnings to fixed charges
|
n/a (1)
|
n/a (1)
|
n/a (1)
|
|
(1)
|
Earnings were not sufficient to cover fixed charges for the periods indicated. Additional earnings of $4,702,742 for the nine months ended June 30, 2014, $17,357,527 for the fiscal year ended September 30, 2013 and $1,537,215 for the fiscal year ended September 30, 2012, would have been required to achieve a ratio of 1:1.
|