v2.4.0.6
STOCK COMPENSATION EXPENSE (Tables)
6 Months Ended
Dec. 31, 2012
Stock Compensation Expense [Abstract]  
Determine the Value of Stock Option Grants

The relevant inputs used to determine the value of the stock option grants is as follows:

 

Number of options outstanding  3,600,000   1,400,000   500,000 
Weighted average risk-free rate  0.83%  0.83%  0.95%
Expected life in years  3.5   6.0   6.0 
Expected volatility  70%  70%  60%
Expected dividends  0%  0%  0%