v2.4.1.9

Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2015 | Mar. 31, 2014 | Mar. 31, 2015 | Mar. 31, 2014
REVENUE: |  |  |  |
Revenues | $ 0 us-gaap_Revenues | $ 54,000 us-gaap_Revenues | $ 58,581 us-gaap_Revenues | $ 162,000 us-gaap_Revenues
Cost of Revenues | 0 us-gaap_CostOfRevenue | 0 us-gaap_CostOfRevenue | 5,779 us-gaap_CostOfRevenue | 0 us-gaap_CostOfRevenue
Gross Profits | 0 us-gaap_GrossProfit | 54,000 us-gaap_GrossProfit | 52,802 us-gaap_GrossProfit | 162,000 us-gaap_GrossProfit
Operating Expenses |  |  |  |
Selling General and Administrative Expenses | 267,254 us-gaap_SellingGeneralAndAdministrativeExpense | (155,498)us-gaap_SellingGeneralAndAdministrativeExpense | 710,617 us-gaap_SellingGeneralAndAdministrativeExpense | 557,025 us-gaap_SellingGeneralAndAdministrativeExpense
Total Operating Expenses | 267,254 us-gaap_OperatingExpenses | (155,498)us-gaap_OperatingExpenses | 710,617 us-gaap_OperatingExpenses | 557,025 us-gaap_OperatingExpenses
Operating Income (Loss) | (267,254)us-gaap_OperatingIncomeLoss | 209,498 us-gaap_OperatingIncomeLoss | (657,815)us-gaap_OperatingIncomeLoss | (395,025)us-gaap_OperatingIncomeLoss
Other Income (Expense) |  |  |  |
Interest expense | (152,473)us-gaap_InterestExpense | (137,181)us-gaap_InterestExpense | (444,937)us-gaap_InterestExpense | (305,113)us-gaap_InterestExpense
Loss on Conversion of Debt | 0 us-gaap_GainsLossesOnExtinguishmentOfDebt | 0 us-gaap_GainsLossesOnExtinguishmentOfDebt | (367,575)us-gaap_GainsLossesOnExtinguishmentOfDebt | (310,836)us-gaap_GainsLossesOnExtinguishmentOfDebt
Derivative Liability Expense | (145,018)fil_DerivativeLiabilityExpense2 | 0 fil_DerivativeLiabilityExpense2 | (369,539)fil_DerivativeLiabilityExpense2 | 0 fil_DerivativeLiabilityExpense2
Adjustment to Fair Value of Derivative Liability | (155,395)us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease | 0 us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease | (21,123)us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease | 0 us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
Technology licensing Income | 0 us-gaap_TechnologyServicesRevenue | 3,024 us-gaap_TechnologyServicesRevenue | 0 us-gaap_TechnologyServicesRevenue | 9,525 us-gaap_TechnologyServicesRevenue
Total Other Income (Expense) - net | (452,885)us-gaap_OtherExpenses | (134,157)us-gaap_OtherExpenses | (1,203,174)us-gaap_OtherExpenses | (606,424)us-gaap_OtherExpenses
Net Income (Loss) | (720,140)us-gaap_NetIncomeLoss | 75,341 us-gaap_NetIncomeLoss | (1,860,990)us-gaap_NetIncomeLoss | (1,001,449)us-gaap_NetIncomeLoss
Net income (Loss) attributable to non-controlling interest | 101,271 us-gaap_IncomeLossAttributableToNoncontrollingInterest | 0 us-gaap_IncomeLossAttributableToNoncontrollingInterest | 101,271 us-gaap_IncomeLossAttributableToNoncontrollingInterest | 0 us-gaap_IncomeLossAttributableToNoncontrollingInterest
Net Income (Loss) Accelpath, Inc. | (618,868)fil_NetIncomeLossAccelpathInc | 75,341 fil_NetIncomeLossAccelpathInc | (1,759,718)fil_NetIncomeLossAccelpathInc | (1,001,449)fil_NetIncomeLossAccelpathInc
Deemed and cash dividends to Preferred Stockholders | (77,110)fil_DeemedAndCashDividendsToPreferredStockholders | (1,139)fil_DeemedAndCashDividendsToPreferredStockholders | (77,110)fil_DeemedAndCashDividendsToPreferredStockholders | (1,139)fil_DeemedAndCashDividendsToPreferredStockholders
Net loss applicable to Common shareholders | $ (695,978)fil_NetLossApplicableToCommonShareholders | $ 74,202 fil_NetLossApplicableToCommonShareholders | $ (1,836,828)fil_NetLossApplicableToCommonShareholders | $ (1,002,588)fil_NetLossApplicableToCommonShareholders
Net loss per common share - basic and diluted | $ 0.00 us-gaap_EarningsPerShareBasicAndDiluted | $ 0.02 us-gaap_EarningsPerShareBasicAndDiluted | $ (0.01)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.37)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding during the period/year - basic and diluted | 685,019,378 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 3,970,198 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 330,095,798 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 2,694,285 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted

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