Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2014

Intangible Assets Tables

Schedule of Intangible Assets

The following table discloses information regarding the carrying amounts and associated accumulated amortization for intangible assets:

	(Unaudited)
	March 31, 2014			June 30, 2013
Gross carrying amount	$	621,302		$	621,302
Accumulated amortization		(607,857	)		(585,905	)
Net carrying amount	$	13,445		$	35,397

Schedule of Expected Amortization Expense

The net carrying amount will be amortized over the following schedule for the remainder of fiscal 2014 and fiscal 2015:

2014	2015	Total
10,916	2,529	13,445