PREPAID EXPENSES (Detail) - Schedule of prepaid expenses (USD $)
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Jun. 30, 2012
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Jun. 30, 2011
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Technology Transfer Agreement (“TTA”) - related party | $ 666,666 | $ 759,833 |
Other | 17,769 | 14,313 |
Total | $ 684,435 | $ 774,146 |
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- Definition
Amount of prepaid expenses due within 1 year (or 1 business cycle) from related parties as of the reporting date. No definition available.
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- Definition
Carrying amount as of the balance sheet date of expenditures made, not otherwise specified in the taxonomy, in advance of the timing of recognition of expenses which are expected to be charged against earnings within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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