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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
6 Months Ended
Dec. 31, 2012
Cash flows from operating activities:  
Net loss $ (3,086,266)
Adjustments to reconcile net loss to net cash used in operating activities:  
Amortization of license acquisition costs 1,342
Amortization of deferred financing costs 62,523
Amortization of debt discount 52,704
Depreciation 11,652
Stock compensation expense 289,279
Derivative liability 346,627
Change in operating assets and liabilities:  
Accounts receivable (905,496)
Prepaid Royalty 272,808
License acquisition costs (8,902)
Inventory (626,677)
Prepaid expenses (98,528)
Prepaid inventory (570,806)
Accounts payable 996,984
Prepaid revenue 13,470
Accrued expenses and other current liabilities 347,134
Due to Gold Grenade, LLC (108,475)
Net cash used in operating activities (3,010,626)
Cash flows from investing activities:  
Acquisition of property and equipment (139,829)
Net cash used in investing activities (139,829)
Cash flows from financing activities:  
Issuance of common stock, net of financing fees 771,235
Due to factor, net 536,144
Proceeds from short term loans 1,335,000
Paydown of short term loans (1,085,000)
Proceeds from convertible debt, net of deferred financing fees 1,683,290
Net cash provided by financing activities 3,240,669
Net change in cash 90,214
Cash at beginning of period 71,532
Cash at end of period 161,746
Supplemental disclosures of cash flow information:  
Interest 210,228
Income Taxes 0
Non-cash financing activities:  
Conversion of bridge note 1,925,030
Contribution from shareholder for deferred financing cost 1,156,000
Other non-cash deferred financing fees from issuance of warrants 137,238
Fair value of warrants issued in connection with equity and debt financing $ 5,203,574