v2.4.0.8

LOSS PER COMMON SHARE (Details 1) (USD $) | Jun. 30, 2014 | Jun. 30, 2013
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Loss Per Common Share Details 1 |  |
Warrants | 19,243,418 | 7,504,189
Stock options | 1,840,556 | 1,840,556
Convertible notes | $ 2,755,544 | $ 3,295,322
Series A Preferred | 1,629,006 | 1,629,006
Series B Preferred | 5,693,344 | 5,776,667
Series C Preferred | 902,778 | 902,778
Series D Preferred | 3,852,000 |
Total Excluded Potential Common Shares | 35,916,646 | 20,948,518

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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16(a)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 + Details
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