NET LOSS PER SHARE

3 Months Ended

Sep. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

11.  NET LOSS PER SHARE

Securities that could potentially dilute basic earnings per share ("EPS") and that were not included in the computation of diluted EPS because to do so would have been anti-dilutive for the three months ended September 30, 2011 and 2010 consist of the following:

	Shares Potentially Issuable
	2011		2010
Series E 5% Convertible Preferred Stock		6,754,173		—
Stock Options		43,220,000		—
Warrants		75,000		275,000
Total		50,049,173		275,000