• Filing Date: 2013-09-27
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.8
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Cash equivalents $ 16,284,184 $ 3,344,146  
NOL carryforwards sold, resulting in tax benefits $ 1,753,208 $ 1,068,233 $ 637,391
Preferred Convertible Class A
     
Shares issuable upon conversion of warrants 29,136,527 27,179,180 27,130,580