v2.4.0.8

Stock Compensation Expense and Fair Value Measurement (Tables)

3 Months Ended

Sep. 30, 2013

Stock Compensation Expense and Fair Value Measurement [Abstract]

Summary of relevant inputs used to determine the value of the stock option grants

		Number of options outstanding				Weighted average risk-free rate				Expected life in years				Expected volatility				Expected dividends
July 12, 2012			3,600,000				0.83	%			3.5				70	%			0	%
August 15, 2012			397,500				0.83	%			6.0				70	%			0	%
November 21, 2012			500,000				0.95	%			6.0				60	%			0	%
March 28, 2013			0				1.005	%			6.0				55	%			0	%
April 8, 2013			500,000				1.685	%			6.0				55	%			0	%
June 28, 2013			25,000				1.685	%			6.0				55	%			0	%
July 12, 2013			11,400,000				1.715	%			3.5				65	%			0	%
August 15, 2013			1,357,500				1.860	%			6.0				65	%			0	%
Total			17,780,000

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- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 715

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (k)

-URI http://asc.fasb.org/extlink&oid=28361610&loc=d3e1928-114920

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