OPTIONS, WARRANTS AND STOCK-BASED COMPENSATION (Details 2) (USD $)	12 Months Ended
	Jun. 30, 2012
Warrants outstanding, number	2,075,000
Warrant Exercise price 5.85 Due on 8/3/2013 [Member]
Warrants outstanding, exercise price	$ 5.85
Warrants outstanding, number	75,000
Warrants outstanding, expiration date	Aug. 03, 2013
Warrant Exercise price 0.01 Due on 2/10/2017 [Member]
Warrants outstanding, exercise price	$ 0.01
Warrants outstanding, number	500,000
Warrants outstanding, expiration date	Feb. 10, 2017
Warrant Exercise price 0.01 Due on 2/17/2017 [Member]
Warrants outstanding, exercise price	$ 0.01
Warrants outstanding, number	1,000,000
Warrants outstanding, expiration date	Feb. 17, 2017
Warrant Exercise price 0.01 Due on 4/18/2017 [Member]
Warrants outstanding, exercise price	$ 0.01
Warrants outstanding, number	500,000
Warrants outstanding, expiration date	Apr. 18, 2017