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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Expenses:    
General and administrative $ 1,484,776 $ 882,120
Acquisition related costs 1,075,040   
Loss from operations 2,559,816 882,120
Other income (expenses):    
Interest income 33   
Interest expense (932,877) (4,757)
Loss on derivative liabilities (1,214,860)   
Total other (expenses) income (2,147,704) (4,757)
Loss from continuing operations (4,707,520) (886,877)
Loss from discontinued operations (215,703)   
Net loss $ (4,923,223) $ (886,877) [1]
Basic and diluted net loss per share:    
Loss from continuing operations per share $ (1.09)  
Loss from discontinued operations per share $ (0.05)  
Net loss per share $ (1.14)  
Weighted average number of common shares outstanding - basic and diluted 4,323,137  
[1] MV Patents, LLC