v2.4.1.9

Computation of Diluted EPS (TABLE) | 9 Months Ended
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Mar. 31, 2015
COMPUTATION OF DILUTED EPS (TABLE): |
COMPUTATION OF DILUTED EPS (TABLE) | Securities that could potentially dilute basic earnings (loss) per share ("EPS") as of March 31, 2015 and 2014, and that were not included in the computation of diluted EPS because to do so would have been anti-dilutive consist of the following:
| Potentially Outstanding
| Dilutive Common Shares
| For the Interim Period |  | For the Interim Period
| Ended | Ended
| March 31, 2015 | March 31, 2014
Preferred stock- Series E 5% Convertible; stated value $1,000 per share; -0- issued and outstanding at March 31 2015 and June 30, 2014, respectively | - |  | -
Preferred stock- Series F Convertible; stated value $1,000 per share; 90 shares issued and outstanding at March 31, 2015 and June 30, 2014 | 180,000 |  | 180,000
Preferred stock- Series G Convertible; stated value $1,000 per share; No shares issued and outstanding at March 31, 2015 and June 30, 2014 | - |  | -
Preferred stock- Series H Convertible; stated value $1,000 per share; 51 shares issued and outstanding at March 31, 2015 and June 30, 2014 | 1 |  | 1
Preferred stock- Series I Convertible; stated value $1,000 per share; -0- and 3,500 shares issued and outstanding at March 31, 2015 and June 30, 2014, respectively. Par value $.001, 3,500 shares authorized | - |  | 1,194,412
Preferred stock- Series J 10% Convertible; stated value $1,000 per share; 1,525 and -0- shares issued and outstanding at March 31, 2015 and June 30, 2014, respectively. Par value $.001, 3,500 shares authorized. Liquidation preference of $1,525,000 at March 31, 2015 | 68,501,938 |  | -
Preferred stock- Series K 10% Convertible; stated value $1,000 per share; 750 and -0- issued and outstanding at March 31, 2015 and June 30, 2014, respectively. Par value $.001, 3,500 shares authorized. Liquidation preference of $750,000 at March 31, 2015 | 68,501,938 |  | -
Convertible Notes Payable* | 342,646,780 |  | 1,985,099
Stock options | 186,760 |  | 186,760
Restricted stock award | 10,000 |  | 10,000
Warrants | 10,250 |  | 10,250
| 480,037,667 |  | 3,566,522

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