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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
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EX-31.2 - EXHIBIT 31.2 - Teleconnect Inc.v330446_ex31-2.htm
v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
SALES $ 143,910 $ 112,722
COST OF SALES    
Cost of sales 154,746 611,197
Inventory allowance 44,343 155,545
Total cost of sales 199,089 766,742
GROSS LOSS (55,179) (654,020)
OPERATING EXPENSES:    
Selling, general and administrative expenses 2,208,092 2,883,521
Depreciation and amortization 1,229,934 1,190,871
Total operating expenses 3,438,026 4,074,392
OTHER INCOME (EXPENSES):    
Gain on bargain purchase 0 1,434,694
Loss on investment (33,164) (39,172)
Other income (expense) 21,467 (1,605)
Interest expense - related parties (370,536) (8,071)
LOSS BEFORE INCOME TAXES (3,875,438) (3,342,566)
(EXPENSE) BENEFIT FOR INCOME TAXES (330) 80,000
NET LOSS (3,875,768) (3,262,566)
BASIC AND DILUTED LOSS PER SHARE: (in dollars per share) $ (0.52) $ (0.55)
AVERAGE COMMON AND COMMON EQUIVALENT SHARES OUTSTANDING 7,434,666 5,959,443
THE COMPONENTS OF COMPREHENSIVE LOSS:    
NET LOSS (3,875,768) (3,262,566)
Foreign currency translation adjustment 182,317 34,465
Tax effect on currency translation (61,988) (11,718)
COMPREHENSIVE LOSS $ (3,755,439) $ (3,239,819)