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Convertible Debentures (Tables)
9 Months Ended
Mar. 31, 2014
Convertible Debentures Tables  
Schedule of debt conversion activity

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

 

Fiscal Year   Outstanding Principal Amount Converted     Shares Issued     Repayment of Outstanding 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