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BUSINESS COMBINATIONS (Tables) | 12 Months Ended
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Jun. 30, 2014
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | The purchase price was allocated as follows:
Purchase Consideration: |  |  |  |
Fair value of Momspot (1) |  | $ | - |
Tangible assets acquired |  |  | - |
(1) | Fair value, which was not material, was based upon the fair value of the cash consideration paid by the Company for the acquisition of Momspot ($0 consideration received) and a discounted cash flow analysis, including the calculation of the present value of the terminal value of cash flows, and supporting analysis that included a comparison of selected financial data of the Company with similar data of other publicly held companies comparable to ours in terms of end markets, operational characteristics, growth prospects and geographical footprint.
Business Acquisition, Pro Forma Information [Table Text Block] | The following table presents the unaudited pro-forma financial results, as if the acquisition of Momspot had been completed as of July 1, 2013 and 2012:
|  | For the year ended June 30, |
|  | 2014 |  | 2013 |
Revenues |  | $ | - |  | $ | - |
Net loss |  |  | (1,079) |  |  | (1,027) |
Loss per share - basic and diluted |  | $ | (0.00) |  | $ | (0.01) |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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