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7. STOCK PURCHASE OPTIONS AND WARRANTS (Tables)
3 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
Schedule of Estimated Fair Value of Stock Warrants and Options
    2013  
Expected volatility     113 – 129 %
Expected dividends     0 %
Expected term   2 – 10 years  
Risk-free interest rate     0.35 – 1.72 %
Schedule of Warrants
Date Issued   Number of Warrants     Weighted Average Exercise Price     Weighted Average Grant Date Fair Value     Expiration Date (yrs)     Value if Exercised  
Balance  June 30, 2013     7,530,063     $ 0.67     $ 2.45       4.17     $ 4,770,713  
Granted     154,574       0.25       0.23       5.00       55,137  
Cancelled/Expired     10,058       -       -       -       -  
Outstanding as of September 30, 2013     7,694,695     $ 4.68     $ 0.76       2.24     $ 5,010,664