Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail) - Derivative instrument liability measured at fair value on a recurring basis using observable inputs (Level 2)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail) - Derivative instrument liability measured at fair value on a recurring basis using observable inputs (Level 2) (USD $)
 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Balance, July 1 $ 4,187,769 $ 1,714,084
Change in fair value of derivative financial liability (3,668,044) 2,473,685
Balance, June 30 $ 519,725 $ 4,187,769