Consolidated Statements of Operations (unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
MV Portfolios, Inc. and Subsidiaries
Operating Expenses:
General and administrative	$ 5,415,391		$ 12,342,518
Loss from operations	5,415,391		12,342,518
Other income (expenses):
Interest expense	0		(4,629,943)
Gain on change in fair value of derivative liabilities	2,055,637		2,137,240
Total other expenses, net	2,055,637		(2,492,703)
Loss from continuing operations	(3,359,754)		(14,835,221)
Loss from discontinued operations	(3,167)		(3,608)
Net loss	$ (3,362,921)		$ (14,838,829)
Basic and diluted net loss per share:
Loss from continuing operations per share	$ (0.15)		$ (0.86)
Loss from discontinued operations per share	(0.00)		(0.00)
Net loss per share	$ (0.15)		$ (0.86)
Weighted average number of common shares outstanding - basic and diluted	21,931,662		17,258,675
MV Patents, LLC
Operating Expenses:
General and administrative		$ 82,035		$ 232,762
Loss from operations		82,035		232,762
Other income (expenses):
Interest expense		(4,942)		(8,341)
Gain on change in fair value of derivative liabilities		0		0
Total other expenses, net		(4,942)		(8,341)
Loss from continuing operations		(86,977)		(241,103)
Loss from discontinued operations		0		0
Net loss		$ (86,977)		$ (241,103)