Derivative Liability (Tables)

12 Months Ended

Jun. 30, 2013

Derivative Liability [Abstract]

Summary of roll forward of fair value of warrant liability

		June 30, 2013				June 30, 2012
Beginning Balance		$	0			$	0
Issuance of Warrants and Conversion Feature		$	7,252,283				0
Repurchase / Exercise / Cancellation of Warrants and Conversion Feature			(179,884	)			0
Change in fair value			(5,411,959	)			0
Ending Balance		$	1,660,440			$	0

summary of warrant activity

		Number of shares underlying warrants				Weighted Average Exercise Price			Weighted Average Contractual Term
Outstanding June 30, 2012
Granted			77,555,566			$	0.33		5.8 years
Exercised			(16,224,000)			$	0.01		5.0 years
Forfeited / Repurchased			(579,815)			$	0.37		5.0 years
Outstanding June 30, 2013			60,751,751			$	0.06		6.9 years