Exchange Agreement (Tables)

12 Months Ended

Dec. 31, 2012

Exchange Agreement

Schedule of outstanding debt

	December 31, 2012			December 31, 2011			June 30, 2011
Senior Secured Notes Payable (the New Notes)	$	—		$	—		$	6,310,000
Senior Secured Notes Payable (the Exchange Notes)	—			1,624,904			6,750,000
Debenture interest conversion note	—			—			878,923
Nonrecourse note payable	1,050,000
Secured note payable	250,000
Treasury stock purchase note	—			—			250,000
Debt discount	(31,687		)
Accrued interest on above notes	—			3,928,874			5,536,117
Total notes payable	1,268,313			5,553,778			19,725,040
Less current portion of term debt	(980,637		)	(5,553,778		)	(19,725,040		)
Long term portion	$	287,676		$	—		$	—

Schedule of preferred Stock

	December 31, 2012			December 31, 2011			June 30, 2011
Preferred Stock	Potential Common Shares	Accrued Dividends		Potential Common Shares *	Accrued Dividends		Potential Common Shares *	Accrued Dividends
Series J	8,612,201	$	—	—	$	—	—	$	—
Series F	—	—		20,000	—		20,000	—
Series H	—	—		1,114,628		4,234,557	1,114,628		3,935,147
Series I	—	—		—		—	220,000		1,115,901
Total	8,612,201	$	—	1,134,628	$	4,234,557	1,354,628	$	5,051,048

*Reflects a 1 for 500 reverse split