Stockholders' Equity (Tables)

3 Months Ended

Sep. 30, 2012

Employee Stock Option [Member]

Employee Options


	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
Balance at June 30, 2011		4,439,507		$	1.12		5.39
Granted		675,000		$	1.06		10.00
Exercised		-		$	-		-
Forfeited		-		$	-		-
Expired		(525,000	)	$	1.00		-
Outstanding at September 30, 2011		4,589,507		$	1.13		6.19	$	54,406
Exercisable at September 30, 2011		2,252,924		$	1.04		4.38	$	54,406

Weighted average fair value of options granted during the three months ended September 30, 2011				$	0.61

Balance at June 30, 2012		4,589,507		$	1.04		5.95
Granted		935,000		$	0.69		8.20
Exercised		-		$	-		-
Forfeited		-		$	-		-
Expired		-		$	-		-
Outstanding at September 30, 2012		5,524,507		$	1.02		5.65	$	17,300
Exercisable at September 30, 2012		3,041,839		$	0.98		5.10	$	5,633

Weighted average fair value of options granted during the three months ended September 30, 2012				$	0.48

Director [Member]

Options Issued to Directors


	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
Balance at June 30, 2011		790,000		$	1.25		7.41
Granted		245,000		$	1.75		10.00
Exercised		(30,000	)	$	1.00		-
Forfeited		(142,500	)	$	1.46		-
Expired		-		$	-		-
Outstanding at September 30, 2011		862,500		$	1.37		8.27	$	4,650
Exercisable at September 30, 2011		505,498		$	1.23		7.42	$	4,650

Weighted average fair value of options granted during the three months ended September 30, 2011				$	1.34

Balance at June 30, 2012		857,500		$	1.36		7.96
Granted		230,000		$	-		10.00
Exercised		-		$	-		-
Forfeited		-		$	-		-
Expired		-		$	-		-
Outstanding at September 30, 2012		1,087,500		$	1.26		8.14	$	2,800
Exercisable at September 30, 2012		725,999		$	1.39		7.58	$	467

Weighted average fair value of options granted during the three months ended September 30, 2012				$	0.66

Non-Employee, Non-Director Options [Member]

Non-Employee, Non-Director Options


	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
Balance at June 30, 2011		540,000		$	1.16		3.14
Granted		-		$	-		-
Exercised		-		$	-		-
Forfeited		-		$	-		-
Expired		-		$	-		-
Outstanding at September 30, 2011		540,000		$	1.16		2.89	$	-
Exercisable at September 30, 2011		540,000		$	1.00		2.89	$	-

Weighted average fair value of options granted during the three months ended September 30, 2011					N/A

Balance at June 30, 2012		540,000		$	1.16		3.14
Granted		-		$	-		-
Exercised		(100,000	)	$	0.50		-
Forfeited		-		$	-		-
Expired		-		$	-		-
Outstanding at September 30, 2012		440,000		$	1.14		2.02	$	-
Exercisable at September 30, 2012		440,000		$	1.14		2.02	$	-

Weighted average fair value of options granted during the three months ended September 30, 2012					N/A

Warrant Issed as Settlements [Member]

Warrants Issued as Settlements


	Number of Warrants		Weighted Average Exercise Price		Remaining Contractual Life
Balance at June 30, 2011		474,508	$	1.05		1.91
Granted		-	$	-		-
Exercised		-	$	-		-
Forfeited		-	$	-		-
Expired		-	$	-		-
Outstanding at September 30, 2011		474,508	$	1.05		1.67
Exercisable at September 30, 2011		474,058	$	1.05		1.67

Weighted average fair value of warrants granted during the three months ended September 30, 2011				N/A

Balance at June 30, 2012		344,058	$	1.05		0.92
Granted		350,000	$	0.60		5.00
Exercised		-	$	-		-
Forfeited		-	$	-		-
Expired		-	$	-		-
Outstanding at September 30, 2012		694,058	$	0.84		2.84
Exercisable at September 30, 2012		694,058	$	0.84		2.84

Weighted average fair value of warrants granted during the three months ended September 30, 2012			$	0.33

Warrants Issued for Cash or Services [Member]

Warrants issued for cash or services


	Number of Warrants			Weighted Average Exercise Price		Remaining Contractual Life
Balance at June 30, 2011		4,651,200		$	1.46		2.68
Granted		-		$	-		-
Exercised		-		$	-		-
Forfeited		-		$	-		-
Expired		-		$	-		-
Outstanding at September 30, 2011		4,651,200		$	1.46		2.43
Exercisable at September 30, 2011		4,651,200		$	1.46		2.43

Weighted average fair value of warrants granted during the three months ended September 30, 2011					N/A

Balance at June 30, 2012		4,481,200		$	1.46		2.46
Granted		50,000		$	0.63		5.00
Exercised		(1,740,000	)	$	0.50		-
Forfeited		-		$	-		-
Expired		-		$	-		-
Outstanding at September 30, 2012		2,791,200		$	1.44		1.10
Exercisable at September 30, 2012		2,791,200		$	1.44		1.10

Weighted average fair value of warrants granted during the three months ended September 30, 2012				$	0.44