DERIVATIVE FINANCIAL LIABILITY (Detail) - Schedule of the estimated fair value for the derivative financial liability (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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Common stock price (in Dollars per share) | $ 0.76 | $ 2.86 |
Risk free interest rate | 0.20% | 0.40% |
Dividend yield | 0.00% | 0.00% |
Volatility | 100.00% | 96.70% |
Remaining contract term (in years) | 1 year 73 days | 2 years 73 days |
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- Definition
Price of a single share of a number of common stocks of a company. No definition available.
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- Definition
Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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