5. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

12 Months Ended

Jun. 30, 2013

Payables and Accruals [Abstract]

5. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

A summary of accounts payable and accrued expenses as of June 30, 2013 and 2012 follows:

	June 30,		June 30,
	2013		2012
Accounts Payabe	$	597,079	$	763,354
Accrued Interest		50,725		18,625
Deferred Revenue		24,182		3,500
Other Accrued Expenses		156,036		168,044
Consulting Services-Related Party		167,659		208,466
Total		997,694		1,164,001

Other accrued expenses consist primarily of accrued payroll liabilities, consulting fees payable and other fees payable.