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Consolidated Statements of Operations (USD $)
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Revenue$ 0$ 0
General and administrative expenses90,450177,605
Loss from operations(90,450)(177,605)
Interest income11,6225,483
Other income18,5360
Interest expense0(13,704)
Loss from continuing operations(60,292)(185,826)
(Loss) income from discontinued operations (Note 8)(2,426)424,824
Net (loss) income(62,718)238,998
Income from discontinued operations attributable to the noncontrolling interest0(92,271)
Net (loss) income attributable to common stockholders$ (62,718)$ 146,727
Net (loss) income per common share (basic and diluted):  
From continuing operations$ (0.01)$ (0.03)
From discontinued operations$ 0.00$ 0.06
Net (loss) income per common share (basic and diluted)$ (0.01)$ 0.03
Weighted average shares outstanding:  
Basic5,607,3155,589,150
Assuming dilution5,607,3155,594,300