10. INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of Income Tax (benefit) Provision

	As of
	June 30,		June 30,
	2015		2014
Current
Federal	$	-	$	-
State		-		-
Total Current		-		-
Deferred
Federal		-		-
State		-		-
Total Deferred		-		-
Income tax provision	$	-	$	-

Schedule of reconciliation of the Expected Income Tax benefit (provision)

	As of
	June 30,				June 30,
	2015				2014
Income tax benefit based on federal statutory rate		$	(3,187,000	)		$	(1,123,000	)
State income tax benefit, net of federal income tax			(516,000	)			(444,000	)
Change in deferred tax valuation allowance			3,703,000				1,567,000
Other, net			-				-
Income tax provision		$	-			$	-

Schedule of Deferred Tax Asset and Liabilities

	As of
	June 30,			June 30,
	2015			2014
Deferred tax assets:
Debt extinguishment	$	-		$	918,000
Impairment of fixed assets		-			604,000
Domestic net operating loss carryforwards		11,345,000			9,828,000
Total gross deferred tax assets		11,345,000			11,350,000
Less valuation allowance on deferred tax assets		(11,345,000	)		(11,350,000	)
Net deferred tax assets		-			-
Deferred tax liabilities:
Deferred costs		-			-
Total deferred tax liabilities		-			-
Net deferred taxes	$	-		$	-