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RELATED PARTY TRANSACTIONS
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6 Months Ended |
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Dec. 31, 2012
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| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | NOTE 10. RELATED PARTY TRANSACTIONS
The Company entered into a consulting agreement with Gold Grenade, LLC (“Gold Grenade”), a related entity co-owned by two of the shareholders to receive product development services. As of December 31, 2012, $0 is due to Gold Grenade, and is presented in the accompanying balance sheet. For the three and six months ended December 31, 2012, the Company incurred approximately $210,000 and $420,000 in product development fees payable to Gold Grenade, which was paid as of December 31, 2012. The agreement is to remain in effect unless either party desires to cancel the agreement. |