XML 24 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Jun. 30, 2012
Current assets    
Cash and cash equivalents $ 280,549 $ 84,194
Accounts receivable trade, net 43,716 55,160
Inventories 575,783 546,118
Prepaid expenses and other current assets 71,653 45,785
Total current assets 971,701 731,257
Furniture, fixtures and equipment, net 166,718 188,779
Deposits 15,631 15,631
Total assets 1,154,050 935,667
Current liabilities    
Accounts payable 201,705 234,375
Accrued expenses 68,096 72,637
Litigation accrual 1,446,000 1,646,000
Notes payable - related parties 24,541 84,380
Convertible notes - related parties, net of discount 289,533 283,230
Convertible notes - third parties, net of discount 244,061 74,214
Insurance premium finance contract 37,688 9,250
Total current liabilities 2,311,624 2,404,086
Convertible note - related party 1,497,483 1,497,483
Total liabilities 3,809,107 3,901,569
Commitments and contingencies (Note 5)      
Stockholders' equity (deficit)    
Preferred stock: $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding      
Common stock: $0.001 par value; 50,000,000 shares authorized; 29,190,286 and 24,914,474 shares issued and outstanding as of December 31, 2012 and June 30, 2012 , respectively. 29,190 24,914
Additional paid in capital 23,327,123 19,809,070
Accumulated deficit (26,011,370) (22,799,886)
Total stockholders' equity (deficit) (2,655,057) (2,965,902)
Total liabilities and stockholders' equity (deficit) $ 1,154,050 $ 935,667