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1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Summary Of Significant Accounting Policies Details    
Net Income (Loss) - Basic $ (358,094) $ 1,998,441
Interest Expense on Senior Convertible Notes 0 15,000
Net Income (Loss) - Diluted $ (358,094) $ 2,013,441
Basic Weighted Average Shares Outstanding 1,341,919 971,013
Potentially Dilutive Securities 0 778,326
Diluted Weighted Average Shares Outstanding 1,341,919 1,749,339
Basic $ (0.27) $ 2.06
Diluted $ (0.27) $ 1.15