v2.4.0.6
Convertible Debt (Tables)
9 Months Ended
Mar. 31, 2013
Convertible Debt [Abstract]  
Schedule of convertible debt discount
 
Convertible Note Face Value
  $ 3,130,000  
Debt Discount
       
Convertible Note Warrant Derivative
    908,649  
Conversion Feature Derivative
    713,768  
Original Issue Discount
    6,260  
Total Debt Discount
  $ 1,628,677  
Amortization of Debt Discount, as of March 31, 2013
    (551,502 )
Debt Discount, Net
  $ 1,077,175  
 
       
Convertible Note Carrying Value, at March 31, 2013
  $ 2,052,825  
 
Schedule of deferred financing cost
       
Placement agent and other fees associated with Convertible Note offering
  $ 503,457  
Convertible Note Broker Warrants
    194,381  
Third Party Share Grant
    1,537,940  
Total Deferred Financing Costs
  $ 2,235,777  
Amortization of Deferred Financing Costs, as of March 31, 2013
    656,623  
Deferred Financing Costs, Net, as of March 31, 2013
  $ 1,579,154