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INCOME TAXES	6 Months Ended
INCOME TAXES	Dec. 31, 2014
INCOME TAXES
INCOME TAXES	6. INCOME TAXES Federal income taxes are not due as we have had losses since inception. Our effective tax rate for the three and six month periods ended December 31, 2014 and 2013 is zero percent. This rate is lower than the U.S. statutory rate of 35 percent primarily due to the valuation allowance applied against our net deferred tax assets.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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