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Subsequent Events
3 Months Ended
Sep. 30, 2012
Subsequent Events [Abstract]  
Subsequent Events

NOTE 8 - Subsequent Events


On October 1, 2012, the Company issued 80,000 shares of common stock to its principal stockholder in exchange for $40,000 in connection with the Company's offer to reduce the exercise price of the warrants to $0.50 per share.


On November 1, 2012, the Company's Compensation Committee ratified and approved a base salary of $200,000 for Mr. Jerome Eisenberg, the Company's Executive Chairman and Chairman of the Board, for serving as Executive Chairman. The Compensation Committee is discussing an appropriate equity compensation package for Mr. Eisenberg.