STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended		77 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,139,976)	$ (1,097,491)	$ (24,356,885)
Adjustments to reconcile net loss to net cash used in operating activities:
Preferred shares issued for license	0	0	7,000
Preferred shares issued as compensation	0	0	1,220,330
Common shares and warrants issued for services	18,000	15,000	3,161,494
Warrants granted to scientific advisory board	56,400	45,000	910,441
Amortization of deferred compensation	0	0	121,424
Depreciation and amortization	54,913	51,115	694,281
Change in fair value of derivative liability	(8,452)	(11,860)	(139,166)
Amortization of deferred financing expenses	0	0	51,175
Non cash interest on convertible debenture	0	0	73,930
Non cash interest expense on beneficial conversion feature of convertible debentures	0	0	713,079
Changes in operating assets and liabilities:
Prepaid expenses	10,408	14,116	(313,886)
Other current assets	0	0	(8,001)
Deferred expenses	0	0	(2,175)
Accounts payable	18,255	56,933	442,164
Accounts payable - related parties	247,433	(534,906)	710,388
Accrued expenses	66,746	13,411	93,919
Net cash used in operating activities	(676,273)	(1,448,682)	(16,620,488)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(23,352)	(106,686)	(1,440,717)
Purchase of trademark	(5,733)	(17,810)	(429,488)
Net cash used in investing activities	(29,085)	(124,496)	(1,870,205)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Series B convertible Preferred Stock	2,360,654	2,295,000	14,820,654
Proceeds from issuance of common stock in connection with the private placement of common stock, net of issuing cost	0	0	11,296,748
Proceeds from exercise of stock options	0	0	90,000
Proceeds from exercise of warrants	0	0	3,162,590
Stock subscription received	0	0	20
Net cash provided by financing activities	2,360,654	2,295,000	29,370,012
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,655,296	721,821	10,879,319
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	9,224,023	6,955,733
CASH AND CASH EQUIVALENT, ENDING OF PERIOD	10,879,319	7,677,554	10,879,319
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
INTEREST PAID	0	0	0
INCOME TAX PAID	$ 0	$ 0	$ 3,017