Stockholders' Deficit (Warrants Outstanding) (Tables)

12 Months Ended

Jun. 30, 2014

Stockholders Deficit Warrants Outstanding Tables

Warrants Outstanding (Tables)

A summary of the Company's warrant activity and related information from as of June 30, 2014 and 2013 is as follows.

				Weighted-
				Average
			Weighted-	Remaining
			Average	Contractual
			Exercise	Life
	Warrants		Price	(Years)
Outstanding at June 30, 2012	11,222,287	$	0.42	0.85
Granted	15,703,933		0.05	7.76
Exercised	-		-	-
Expired	(8,492,353)		0.46	-
Outstanding at June 30, 2013	18,433,867		0.09	6.74
Granted	47,362,581		0.07	7.40
Exercised	-		-	-
Expired	(2,729,934)		0.50	-
Outstanding at June 30, 2014	63,066,514	$	0.06	6.91
Vested and expected to vest at June 30, 2014	59,774,848	$	0.07	6.85
Exercisable at June 30, 2014	59,774,848	$	0.07	6.85

The following table summarizes additional information concerning warrants outstanding and exercisable at June 30, 2014.

		Warrants Outstanding				Warrants Exercisable
			Weighted		Weighted			Weighted
			Average		Average			Average
	Exercise	Number	Remaining		Exercise	Number		Exercise
	Price	of Shares	Life (Years)		Price	of Shares		Price
$	0.04 - 0.07	47,933,184	7.51	$	0.05	44,641,518	$	0.05
$	0.12	15,133,330	5.00	$	0.12	15,133,330	$	0.12
		63,066,514				59,774,848