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Convertible Debentures (Tables)

6 Months Ended

Dec. 31, 2013

Convertible Debentures Tables

Schedule of debt conversion activity

The summary of the Debenture conversion activity by fiscal year is as follows:

			Outstanding Principal								Repayment of Outstanding
Fiscal Year			Amount Converted				Shares Issued				Principal Amounts
2009			$	732,250				475,487			$	0
2010			$	262,500				170,455			$	0
2011			$	832,500				540,592			$	0
2012			$	14,250				0			$	14,250
2013			$	1,087,500				589,590			$	180,000

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- Definition

Tabular disclosure of information on an original debt issue that has been converted in a noncash (or part noncash) transaction during the accounting period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. The information may be presented entirely or partially in this block of text or in the associated elements.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586

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