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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Jun. 30, 2014
Jun. 30, 2013
Current assets:    
Cash $ 1,468,401 $ 2,523
Prepaid expenses 280,880 [1]    [2]
Assets held for sale from discontinued operations 3,608 [1]    [2]
Deferred financing costs 689,556 [1]    [2]
Total current assets 2,442,445 [1] 2,523 [2]
Deferred offering costs    [1] 38,500 [2]
Total assets 2,442,445 [1] 41,023 [2]
Current liabilities:    
Accounts payable and accrued expenses 640,364 [1] 259,824 [2]
Contingent liabilities    [1] 441,527 [2]
Derivative liabilities 2,365,315 [1]    [2]
Convertible notes 3,959,995 [1]    [2]
Total current liabilities 6,965,674 [1] 701,351 [2]
Long-term liabilities:    
Convertible notes, net of unamortized discounts of $211,543 113,457 [1]    [2]
Accrued salaries, member    [1] 435,516 [2]
Participation rights    [1] 275,000 [2]
Total long-term liabilities 113,457 [1] 710,516 [2]
Total liabilities 7,079,131 [1] 1,411,867 [2]
Stockholders' deficit:    
Preferred stock, par value $0.001 per share, 50,000,000 shares authorized; 8,000,000 shares issued and outstanding 8,000 [1]    [2]
Common stock, par value $0.001 per share, 300,000,000 shares authorized; 11,026,013 shares issued and outstanding 173,486 [1]    [2]
Additional paid-in capital (238,674) [1]    [2]
Accumulated deficit (4,579,498) [1] (1,370,844) [2]
Total stockholders' deficit (4,636,686) [1] (1,370,844) [2]
Total liabilities and stockholders' deficit $ 2,442,445 [1] $ 41,023 [2]
[1] MV Portfolios, Inc. and Subsidiaries
[2] MV Patents, LLC