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v2.4.1.9

Income Taxes (Details 1) (USD $) | Jun. 30, 2014 | Jun. 30, 2013
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Deferred tax assets |  |
Net operating loss carryforward | $ 2,267,379 us-gaap_DeferredTaxAssetsOperatingLossCarryforwards | $ 562,335 us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Start-up and organizational expenses | 457,495 us-gaap_DeferredTaxAssetsTaxDeferredExpenseOther | 580,219 us-gaap_DeferredTaxAssetsTaxDeferredExpenseOther
Stock-based compensation | 1,683,247 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost | 1,265,350 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
Derivative expense | 129,986 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther | 60,943 us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
Other | 17,093 us-gaap_DeferredTaxAssetsOther | (26)us-gaap_DeferredTaxAssetsOther
Total deferred tax assets | 4,555,200 us-gaap_DeferredTaxAssetsGross | 2,468,821 us-gaap_DeferredTaxAssetsGross
Valuation allowance | (4,555,200)us-gaap_DeferredTaxAssetsValuationAllowance | (2,468,821)us-gaap_DeferredTaxAssetsValuationAllowance
Net deferred taxes | $ 0 us-gaap_DeferredTaxAssetsNet | $ 0 us-gaap_DeferredTaxAssetsNet

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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32621-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32632-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 25 -Paragraph 20 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=29652012&loc=d3e28680-109314 + Details
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