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PREPAID ROYALTY (Tables) (Royalty)
6 Months Ended
Dec. 31, 2012
Royalty
 
Finite-Lived Intangible Assets [Line Items]  
Future Prepaid Royalty Amortization Expense

Estimated future prepaid royalty amortization expense (see Note 7) for the Company’s licenses is as follows:

 

Twelve-month periods ending
December 31,
   
2013 $585,964 
2014  50,000 
  $635,964