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Related Party Transactions	12 Months Ended
Jun. 30, 2014
Related Party Transactions [Abstract]
Note 5 - Related Party Transactions	Compensation of Officers and Directors Officer and director fees totaled $446,747 and $193,221 for the years ended June 30, 2014 and 2013, respectively. The total compensation of officers and directors was recorded as a component of general and administrative expenses. As of June 30, 2014, the Company owed its officers and directors $17,917 for compensation which was recorded as accounts payable and accrued expenses in its consolidated balance sheets. As of June 30, 2013, MV Patents owed its officers and directors $435,516, which was recorded as accrued salaries-member in its consolidated balance sheets.

Related Party Transactions

12 Months Ended

Jun. 30, 2014

Compensation of Officers and Directors

Officer and director fees totaled $446,747 and $193,221 for the years ended June 30, 2014 and 2013, respectively. The total compensation of officers and directors was recorded as a component of general and administrative expenses.

As of June 30, 2014, the Company owed its officers and directors $17,917 for compensation which was recorded as accounts payable and accrued expenses in its consolidated balance sheets. As of June 30, 2013, MV Patents owed its officers and directors $435,516, which was recorded as accrued salaries-member in its consolidated balance sheets.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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