v2.4.0.8

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2014

Summary of Significant Accounting Policies [Abstract]

Summary of estimated future license acquisition cost amortization expense

Twelve month periods ending March 31,
2015		$	7,793
2016			7,533
2017			3,050
		$	18,376

Summary of consists of potential common shares

		As of March 31, 2014
Warrants			747,354
Stock options			177,800
Convertible Debt			396,288
Preferred Stock			80,000
			1,401,442

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

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