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Consolidated Statement of Cash Flows (USD $)
9 Months Ended 62 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Operating activities:      
Net loss $ (1,355,267) $ (2,905,697) $ (18,024,928)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 37,730 15,786 88,440
Warrants issued in connection with convertible notes payable 0 0 49,245
Amortization of convertible loan discount 95,345 19,207 416,807
Common stock issued for services 135,459 1,730,131 11,666,060
Stock option compensation 168,928 0 476,440
Warrants issued for services 0 46,735 337,359
Change in value of derivatives (18,489) 13,588 708
Equipment write-down 0 0 5,399
Patent write-down 21,758 0 35,258
Effect of changes in:      
Accounts receivable 0 (309,964) 0
Inventory (32,982) 0 (86,038)
Prepaid expenses and other current assets (5,516) (166) (8,853)
Advances to related parties (21,120) 0 (21,120)
Deposits/Ars 0 0 (9,500)
Bank overdraft, net 0 (2,109) 0
Accounts payable and accrued expenses 126,423 474,328 323,817
Accrued payroll 484,201 86,015 912,438
Advances 0 19,271 36,533
Deferred revenue 130,493 (16,549) 147,444
Related party payables 24,388 254,595 24,386
Net cash used in operating activities (208,649) (574,829) (3,630,105)
Investing activities:      
Purchase of property and equipment (17,719) 0 (116,911)
Payments for systems 0 (133,528) (152,721)
Payments for patents (23,750) 0 (158,362)
Net cash used in investing activities (41,469) (133,528) (427,994)
Financing activities:      
Proceeds from (payments on) bank loan borrowings (115,839) (34,271) 370,271
Proceeds from sales of preferred stock 0 0 725,000
Proceeds from convertible notes payable 132,500 103,712 518,712
Payments on convertible notes payable (47,500) 0 (102,500)
Proceeds from sales of common stock 35,000 572,741 2,139,688
Payments on related-party short-term loans (15,750) 0 (15,750)
Proceeds from short-term loans, related parties 157,000 0 172,750
Proceeds from short-term loans 0 75,000 184,000
Advances from customers 100,000 0 100,000
Payments of short-term loans (5,000) (9,000) (29,000)
Net cash provided by financing activities 240,411 708,182 4,063,171
Net increase (decrease) in cash (9,707) (175) 5,072
Cash, beginning of period 14,779 270 0
Cash, end of period 5,072 95 5,072
Supplemental disclosures of cash flow information:      
Cash paid for interest 23,494 32,588 217,086
Cash paid for income taxes 1,600 1,600 8,328
Supplemental disclosure of non-cash investing and financing activities:      
Warrants issued in connection with preferred stock 0 0 155,714
Beneficial conversion feature on preferred stock 0 0 11,111
Conversion of preferred to common shares in reverse merger 0 0 625,000
Proceeds from sales of preferred shares used to purchase shares of Bio 0 0 400,000
Conversion of note payable to common stock 0 0 278,922
Conversion of short-term loan to common stock 0 100,000 100,000
Accrued dividends issued to preferred stockholders 4,286 4,500 18,019
Conversion of convertible notes payable and accrued interest to common stock $ 120,593 $ 25,916 $ 342,239