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Equity
3 Months Ended
Sep. 30, 2012
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

11.       Warrants

Effective September 12, 2012, the Company has granted 500,000 warrants to purchase shares of Common Stock which all have a 1 year term. 

Warrants outstanding and exercisable at September 30, 2012 are as follows:

           

Exercise price

Number Outstanding

Remaining Contractual Life (in years)

$1.50

   500,000

1 year