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Stock Option - Stock Option Valuation Assumptions (Details) (USD $)
9 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Fair value of options granted $ 0.85
Expected life (years) (a) 1 year [1]
Risk free interest rate (b) 0.18% [2]
Volatility (c) 111.00% [3]
Dividend yield (d) 0.00% [4]
[1] (a)Expected life: The expected term of options granted is determined using the shortcut method allowed by SAB No.107. Under this approach, the expected term is presumed to be the mid-point between the vesting date and the end of the contractual term.
[2] (b)Risk-free interest rate: The rate is based on the U.S. Treasury zero-coupon yield curve on the grant date for a maturity similar to the expected life of the options.
[3] (c)Volatility: The expected volatility of the Companys common stock is calculated by using the historical daily volatility of the Companys stock price calculated over a period of time representative of the expected life of the options.
[4] (d)Dividend yield: The dividend yield rate is not considered in the model, as the Company has not established a dividend policy for the stock.