CONVERTIBLE DEBT (Tables)

6 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule Of Convertible Debt With Embedded Derivative Net Of Discount

Convertible Note Value		$	2,000,000
Debt Discount
Convertible Note Warrant Derivative			686,192
Conversion Feature Derivative			663,528
Original Issue Discount			4,000
Total Debt Discount		$	1,353,720
Amortization of Debt Discount, as of December 31, 2012			(52,704	)
Debt Discount, Net		$	1,301,016
Convertible Note Value, Net at December 31, 2012		$	698,984

Schedule of Deferred Financing Costs,Activities

Placement agent and other fees associated with Convertible Note offering		$	312,710
Convertible Note Broker Warrants			137,238
Third Party Share Grant			1,156,000
Total Deferred Financing Costs		$	1,605,948
Amortization of Deferred Financing Costs, as of December 31, 2012			(62,523	)
Deferred Financing Costs, Net, as of December 31, 2012		$	1,543,425