XML 48 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 8 - Stock Option (Tables)
9 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Stock Option Activity

    Shares    

Weighted Average

Grant Date

Fair Value

 
             
Unvested, at June 30, 2012     -       -  
Granted     300,000     $ 0.25  
Vested     300,000          
Forfeited     -          
Unvested, at March 31, 2013     -     $ 0.25  

 

Stock Option Valuation Assumptions
    Options Granted
    2012
Fair value of options granted   $ 0.85  
Assumptions used:        
Expected life (years) (a)     1.00  
Risk free interest rate (b)     0.18 %
Volatility (c)     111 %
Dividend yield (d)     0.00 %