v2.4.0.8
Income Taxes (Tables)
3 Months Ended
Sep. 30, 2013
Income Taxes [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
 
   
September 30, 2013
 
Statutory rate
    34.0 %
State income taxes
    10.0 %
Permanent differences
    24.6 %
Valuation allowance
    (68.6 )%
Other
       
Total
    0.0 %
Schedule of Deferred Tax Assets and (liabilities)
 
 
September 30, 2013
   
June 30, 2013
 
Net operating losses carryforward
$ 2,326,796     $ 2,002,842  
Start-up costs and fixed assets, net of amortization
  120,011       60,005  
Property and equipment
  87,709       56,270  
Stock based compensation
  275,897       192,786  
Gross deferred taxes
$ 2,809,782     $ 2,311,903  
Valuation allowance
  (2,809,782 )     (2,311,903 )
Net deferred taxes
$ -     $