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INCOME TAXES (Details)
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12 Months Ended | |
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Jun. 30, 2012
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Jun. 30, 2011
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| Computed "expected" tax benefit | (35.00%) | (35.00%) |
| Increase (decrease) in income taxes resulting from: | ||
| State taxes, net of federal benefit | (3.00%) | (3.00%) |
| Tax reporting differences due to the reverse acquisition | 0.00% | 8.00% |
| Goodwill impairment and other permanent differences | (9.00%) | 15.00% |
| Increase in the valuation reserve | 47.00% | 15.00% |
| Effective Income Tax Rate | 0.00% | 0.00% |
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- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to impairment of goodwill and other permanent differences. No definition available.
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- Definition
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the difference between statutory income tax rates in foreign jurisdictions and the domestic federal statutory income tax rate recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to revisions in previously reported amounts of income tax provision. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the state and local income tax expense or benefit, net of the federal tax benefit (expense) thereon, recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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