NET INCOME (LOSS) PER SHARE (Tables)

3 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

The following represents a reconciliation of the numerators and denominators of the basic and diluted earnings per share computation for the three months ended September 30, 2012:     

Three months ended September 30, 2012		Net income attributable to common shareholders (Numerator)	Shares (Denominator)		Per share Amount
Basic EPS	$	27,309	126,619,790	$	0.000
Effect of dilutive securities
Stock options		-	79,467
Diluted EPS	$	27,309	126,699,257	$	0.000

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

All outstanding securities that could potentially dilute basic earnings (loss) per share ("EPS") 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, 2012 and 2011.  Shares potentially issuable consist of the following:

	Shares Potentially Issuable
	2012	2011
Series E 5% Convertible Preferred Stock	2,251,391	6,754,173
Series F Convertible Preferred Stock	45,000,000	—
Series G Convertible Preferred Stock	62,500,000	—
Convertible notes payable	53,072,204	—
Stock options	46,930,000	43,220,000
Warrants	2,395,000	75,000
Total	212,148,595	50,049,173