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EXCEL - IDEA: XBRL DOCUMENT - Teleconnect Inc.Financial_Report.xls
10-K - FORM 10-K - Teleconnect Inc.v330446_10k.htm
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EX-21 - EXHIBIT 21 - Teleconnect Inc.v330446_ex21.htm
EX-31.1 - EXHIBIT 31.1 - Teleconnect Inc.v330446_ex31-1.htm
EX-32.1 - EXHIBIT 32.1 - Teleconnect Inc.v330446_ex32-1.htm
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EX-31.2 - EXHIBIT 31.2 - Teleconnect Inc.v330446_ex31-2.htm
v2.4.0.6
2010 Stock Option, SAR and Stock Bonus Plan
12 Months Ended
Sep. 30, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

15. 2010 STOCK OPTION, SAR AND STOCK BONUS PLAN

 

On October 8, 2010, the shareholders approved the 2010 Stock Option, SAR and Stock Bonus Plan (the “Plan”) authorizing 500,000 shares of Common Stock to be reserved for issuance under the Plan. The Plan allows us to issue awards as determined by the stock committee of the Company’s board of directors of incentive non-qualified stock options, stock appreciation rights, and stock bonuses to our consultants which may be subject to restrictions. As of September 30, 2012 there are 26,364 shares remaining in the Plan.

 

On February 25, 2011, the Company issued 112,584 shares of its common stock with a grant date fair value of $67,550 ($0.60 per share) based on quoted bid prices of our common stock for director’s compensation from the Plan.

 

On July 24, 2012, the Company issued 361,052 shares of its common stock with a grant date fair value of $72,210 ($0.20 per share) based on quoted bid prices of our common stock for compensation for services from the Plan.