CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2012	Jun. 30, 2011
ASSETS
Cash and cash equivalents ($8,916 and $23,184)	$ 16,404	$ 50,598
Restricted cash	638,304	0
Accounts receivable, net of allowances of $- and $9,000 at June 30, 2012 and 2011 ($- and $155,376)	40,942	219,494
Prepaid expenses and other current assets ($2,000 and $16,053)	2,000	28,337
Assets related to discontinued operations	0	5,000,000
Total Current Assets	697,650	5,298,429
Property and Equipment - Net of accumulated depreciation of $5,673 and $1,249 at June 30, 2012 and 2011	65,475	22,299
Other Assets
Deposits	0	46,525
Deferred stock issuance costs	0	36,000
Customer contracts, net of accumulated amortization of $58,332 at June 30, 2011	0	291,668
Total Other Assets	0	374,193
Total Assets	763,125	5,694,921
LIABILITIES AND STOCKHOLDERS' DEFICIT
Accounts payable ($158,313 and $185,644)	1,271,890	1,094,666
Accrued expenses and other current liabilities ($30,848 and $65,958)	216,544	185,758
Accrued compensation	166,348	45,000
Accrued income taxes	0	369,816
Notes payable - current, net of discounts of $1,810 at June 30, 2012	133,240	46,250
Contingent value rights payable	0	3,194,247
Liabilities related to discontinued operations	638,308	1,045,374
Total Current Liabilities	2,426,330	5,981,111
Notes payable - long-term, net of discounts of $31,835 at June 30, 2012	118,165	0
Total Liabilities	2,544,495	5,981,111
Commitments and Contingencies
Stockholders' Deficit
Preferred stock - Series E 5% Convertible; stated value $1,000 per share; 200 and 300 shares issued and outstanding at June 30, 2012 and 2011, respectively (preference in liquidation at June 30, 2012 and 2011 of $216,871 and $303,511, respectively)	200,000	300,000
Common stock - par value $.001 per share; 495,000,000 shares authorized; 123,578,320 and 120,279,296 shares issued and outstanding at June 30, 2012 and 2011, respectively	123,578	120,279
Additional paid-in capital	3,573,094	2,917,952
Accumulated deficit	(5,493,440)	(3,437,130)
Total stockholders' deficit of AccelPath, Inc.	(1,596,768)	(98,899)
Non-controlling interest	(184,602)	(187,291)
Total Stockholders' Deficit	(1,781,370)	(286,190)
Total Liabilities and Stockholders' Deficit	$ 763,125	$ 5,694,921