Subsequent Events

3 Months Ended

Sep. 30, 2013

Subsequent Events [Abstract]

Subsequent Events

NOTE 8 - Subsequent Events

On October 1, 2013, the Company issued 200,000 shares of common stock plus five year warrants to purchase 100,000 shares of common stock at an exercise price of $1.00 per share to its principal stockholder in exchange for $150,000.

In October 2013, the Company issued 114,712 shares of common stock in exchange for $90,000 in connection with the Purchase Agreement with Lincoln Park Capital.

On October 11, 2013, the Company issued 400,000 shares of common stock and five year warrants to purchase 200,000 shares of common stock at an exercise price of $1.00 per share to a director in exchange for $300,000.  The director is the father of our principal stockholder.

In October 2013, the Company issued 240,000 shares of common stock and five year options to purchase 120,000 shares of common stock at an exercise price of $1.00 per share in exchange for $180,000 in a private placement with three accredited investors.