Derivative Financial Instruments (Details 1) (USD $)	3 Months Ended
Sep. 30, 2012	Sep. 30, 2011
Level 3 inputs activity
Balance at July 1, 2012	$ 1,087,296
Issuance of common stock warrants	1,087,296
Change in fair value of warrant liability	(95,784)
Balance at June 30, 2012	$ 991,512

Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of after one year or beyond the normal operating cycle, if longer, net of the effects of master netting arrangements.

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+ Details