v2.4.0.6

NOTES PAYABLE (Tables) | 3 Months Ended
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Sep. 30, 2012
Debt Disclosure [Abstract] |
Schedule of Debt [Table Text Block] | Notes payable consist of the following:
|  |  | September 30, |  |  |  | June 30, |
|  |  | 2012 |  |  |  | 2012 |
Note payable – former Managing Member |  | $ | 27,750 |  |  | $ | 27,750 |
Note payable – related corporation |  |  | 4,300 |  |  |  | 4,300 |
Note payable – stockholder |  |  | 13,000 |  |  |  | 13,000 |
Note payable – Chief Executive Officer |  |  | 10,000 |  |  |  | 5,000 |
Notes payable – Financial Institutions |  |  | 41,485 |  |  |  | — |
Note payable – Southridge Partners II LP |  |  | 40,000 |  |  |  | 40,000 |
Convertible note payable – former Digipath member |  |  | 1,050,000 |  |  |  | — |
Convertible notes payable |  |  | 398,284 |  |  |  | 195,000 |
Total |  |  | 1,584,819 |  |  |  | 285,050 |
Convertible notes payable, discount |  |  | (87,230 | ) |  |  | (33,645 | )
Total, net of discount |  |  | 1,497,589 |  |  |  | 251,405 |
Less current portion |  |  | 546,654 |  |  |  | 133,240 |
Long-term debt |  | $ | 950,935 |  |  | $ | 118,165 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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