NET LOSS PER SHARE

3 Months Ended

Sep. 30, 2014

NET LOSS PER SHARE.

NET LOSS PER SHARE

8. NET LOSS PER SHARE

Securities that could potentially dilute basic earnings (loss) per share ("EPS") as of September 30, 2014 and 2013, and that were not included in the computation of diluted EPS because to do so would have been anti-dilutive consist of the following:

	Shares Potentially Issuable
	September 30, 2014	June 30, 2014
Series E Convertible Preferred Stock	-	-
Series F Convertible Preferred Stock	180,000	180,000
Series G Convertible Preferred Stock	-	-
Series H Convertible Preferred Stock	1	1
Series I Convertible Preferred Stock	3,062,645	1,194,412
Convertible notes payable	73,322,091	36,212,654
Stock options	186,760	186,760
Restricted stock award	10,000	10,000
Warrants	10,250	10,250
Total	76,771,747	37,794,078