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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (4,526,508) $ (3,749,790)
Items not involving cash    
Depreciation 417 0
Stock issued for consulting services 828,283 974,125
Stock-based compensation 266,243 131,679
Interest on convertible debentures 360,060 112,328
Fair value loss on derivative financial liabilities 0 320,537
Net gain on settlement of convertible debentures 0 (26,189)
Loss on extinguishment of convertible debentures 150,076 0
Gain on extinguishment of accounts payable (198,654) (246,022)
Termination settlement agreement 675,000 0
Redemption of preferred stock 71,932 0
Changes in working capital 84,639 697,368
Net cash used in operating activities (2,288,512) (1,785,964)
Cash flows from investing activities:    
Purchase of property, equipment and intangible assets (28,238) 0
Net cash used in investment activities (28,238) 0
Cash flows from financing activities:    
Repayment of promissory notes (105,000) (123,696)
Proceeds from promissory notes 394,500 0
Proceeds from issuance of common stock 1,695,696 2,199,670
Share issue costs (168,010) (199,910)
Subscriptions received 158,625 13,400
Proceeds from convertible debentures 345,000 377,500
Repayment of convertible debentures (321,132) (120,865)
Preferred stock dividend (15,460) 0
Net cash provided by financing activities 1,984,219 2,146,099
Increase (decrease) in cash and cash equivalents (332,531) 360,135
Cash and cash equivalents, beginning of year 532,308 172,173
Cash and cash equivalents, end of year $ 199,777 $ 532,308