XML 25 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONVERTIBLE AND NON-CONVERTIBLE NOTE AGREEMENTS (Narrative) (Details) (USD $)
1 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Sep. 30, 2012
Aug. 31, 2012
Jun. 30, 2012
Jun. 30, 2011
Jul. 31, 2011
Apr. 30, 2011
Jan. 31, 2011
Sep. 30, 2010
May 29, 2009
Jun. 30, 2011
Convertible Notes [Member]
Jun. 30, 2011
Line of Credit [Member]
May 20, 2010
One Year Extension In Line Of Credit [Member]
Feb. 28, 2011
Reduction In Principal Amount Of Line Of Credit [Member]
Feb. 28, 2011
Remaining Principal In Line Of Credit Conversion [Member]
Mar. 09, 2012
Six Month Convertible Third Party [Member]
Jun. 30, 2012
Six Month Convertible Third Party [Member]
Mar. 10, 2012
Director [Member]
Jun. 30, 2012
Director [Member]
Mar. 29, 2012
Principal Stockholder [Member]
Jun. 30, 2012
Principal Stockholder [Member]
Debt Conversion [Line Items]                                        
Line of credit, borrowing capacity                 $ 2,500,000                      
Debt, interest rate                 5.00%         5.00% 5.00%   5.00%   5.00%  
Shares issued for line of credit renegotiation                         892,857              
Number of shares callable by warrants           120,000   180,000         1,000,000 300,000            
Exercise price of shares called by warrants         $ 1.25 $ 1.25 $ 1.25 $ 1.25         $ 1.25 $ 1.75            
Debt conversion, cash payment amount                       60,000                
Debt conversion, line of credit, amount 206,640 179,375                     1,000,000 1,497,483            
Value of warrants issued                       59,865                
Warrants issued, volatility rate                       98.66%                
Warrants issued, expected term, years                       2                
Warrants issued, discount rate                       0.76%                
Convertible note, conversion price $ 0.5 $ 0.5                       $ 1.12 $ 0.5   $ 0.5   $ 0.5  
Loss on extinguishment of debt        (267,390)                 84,500 182,890            
Interest accrued                   27,130                 74,874  
Interest expense     280,305 387,254             277,199               8,121  
Unamortized discount on notes payable 60,109                           84,562   63,038   199,798  
Debt issued                             107,625   75,000   332,996  
Proceeds from borrowings under convertible note payable 184,500 175,000                         105,000   76,875   250,000  
Amortization of beneficial conversion feature related to convertible notes     193,044                          52,157   38,792   102,094
Amortization of original issue discounts related to convertible notes     $ 6,924                         $ 1,620   $ 1,154   $ 4,150