Exhibit 12.1
 
Computation of Ratio of Earnings to Fixed Charges and Preferred Dividends




 
Nine Months Ended June 30, 2014
 
For the Year Ended September 30, 2013
 
For the Year Ended September 30, 2012
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.