NOTES PAYABLE (Tables)

3 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Schedule of Debt [Table Text Block]

Notes payable consist of the following:

		September 30,			June 30,
		2012			2012
Note payable – former Managing Member	$	27,750		$	27,750
Note payable – related corporation		4,300			4,300
Note payable – stockholder		13,000			13,000
Note payable – Chief Executive Officer		10,000			5,000
Notes payable – Financial Institutions		41,485			—
Note payable – Southridge Partners II LP		40,000			40,000
Convertible note payable – former Digipath member		1,050,000			—
Convertible notes payable		398,284			195,000
Total		1,584,819			285,050
Convertible notes payable, discount		(87,230	)		(33,645	)
Total, net of discount		1,497,589			251,405
Less current portion		546,654			133,240
Long-term debt	$	950,935		$	118,165