Note 6 - Financing Agreements (Tables)

3 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Schedule of Shares Issued

Issue Date	Shares Issued		Value Per Share		Issuance Valuation
September  4, 2012		781,250	$	0.64	$	500,000
May 3, 2013		65,736	$	0.76062	$	50,000

Allocation of proceeds, share purchase agreements

Classification	Allocation
Common Stock (par value)		4,000
Paid-in Capital (Common Stock)		(647,455)
Derivative Liabilities (Warrants)		1,243,455
Proceeds	$	600,000

Information and assumptions, warrant valuation, inception date

	Warrant Derivative
Warrants to purchase common stock:
Strike price	$	0.30
Volatility		110	%
Term (years)		5.00
Risk-free rate		1.71	%
Dividends		-

Information and assumptions, warrant valuation, revaluation date

	Warrant Derivative
Warrants to purchase common stock:
Strike price	$	0.30
Volatility		112	%
Term (years)		4.95
Risk-free rate		1.39	%
Dividends		--