Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Detail) - Schedule of stock options activity

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STOCKHOLDERS' EQUITY (Detail) - Schedule of stock options activity (USD $)
 12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Outstanding at June 30, 2010     2,210,000
Outstanding at June 30, 2010 (in Dollars per share)     $ 0.58
Outstanding at June 30, 2010     9 years 36 days
Outstanding at June 30, 2010 (in Dollars) $ 493,800 $ 6,112,000 $ 1,770,000
Granted 1,160,000 2,140,000  
Granted (in Dollars per share) $ 1.80 $ 2.44 $ 0.87
Number of Shares 5,510,000 4,350,000  
Weighted Average Exercise Price Price (in Dollars per share) $ 1.56 $ 1.49  
Weighted Average Remaining Contractual Term 8 years 36 days 8 years 255 days  
Aggregate Intrinsic Value (in Dollars) 493,800 6,112,000 1,770,000
Options exercisable at June 30, 2012 2,594,665    
Options exercisable at June 30, 2012 (in Dollars per share) $ 1.37    
Options exercisable at June 30, 2012 7 years 219 days    
Options exercisable at June 30, 2012 (in Dollars) $ 361,800