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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at June 30, 2015 and June 30, 2014, because such securities are anti-dilutive, are as follows:

		As of June 30,
		2015			2014
Convertible preferred shares			4,600,000,000			4,600,000,000
Options to purchase common stock			275,000,000			275,000,000
Total			4,875,000,000			4,875,000,000

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

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



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-Subparagraph (c)



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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