SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail) (USD $)
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12 Months Ended | ||
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2010
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Retained Earnings (Accumulated Deficit) | $ (31,337,781) | $ (25,661,943) | |
Net Cash Provided by (Used in) Operating Activities | (6,009,646) | (5,338,188) | |
Cash and Cash Equivalents, at Carrying Value | $ 5,624,403 | $ 2,843,300 | $ 909,932 |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) | 26,450,796 | 12,298,607 | |
Options And Warrants [Member]
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Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) | 26,450,796 | 12,298,607 |
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- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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