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INTANGIBLE ASSETS (Tables)

12 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of amortization expense relating to all acquired intangible assets

		June 30, 2012
		Gross
		Carrying			Accumulated				Net Carrying
		Amount			Amortization					Value
Intangible assets:
Trademarks		$	1,482,100			$	(1,050,000	)		$	432,100
Patents			9,294,000				(8,529,647	)			764,353
Total		$	10,776,100			$	(9,579,647	)		$	1,196,453

		June 30, 2011
		Gross
		Carrying			Accumulated				Net Carrying
		Amount			Amortization					Value
Intangible assets:
Trademarks		$	1,482,100			$	(949,375	)		$	532,725
Patents			9,294,000				(7,632,372	)			1,661,628
Total		$	10,776,100			$	(8,581,747	)		$	2,194,353

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ 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 (b)

-URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16323-109275



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 3

-Subparagraph (b),(d)

-URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16373-109275

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