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Balance Sheets (Unaudited) (USD $)
Sep. 30, 2011
Jun. 30, 2011
ASSETS  
Cash and cash equivalents$ 607,400$ 783,200
Accounts receivable, net48,000149,900
Marketable securities - restricted5,407,2006,637,100
Prepaid expenses and other current assets50,60039,500
Total current assets6,113,2007,609,700
FURNITURE AND OFFICE EQUIPMENT, NET6,0006,700
TOTAL ASSETS6,119,2007,616,400
LIABILITIES AND  SHAREHOLDERS' EQUITY  
Accounts payable and accrued expenses436,600553,300
Note payable - related party28,00028,000
Total current liabilities464,600581,300
LONG-TERM LIABILITIES00
TOTAL LIABILITIES464,600581,300
Preferred Stock - Series B Convertible - 500,000 shares authorized, 125,700 and 122,600 issued and outstanding, respectively1,243,8001,213,300
SHAREHOLDERS' EQUITY  
Preferred Stock - Series D Convertible - 500,000 shares authorized, none outstanding00
Preferred Stock - Series E Convertible - 750,000 shares authorized, none outstanding00
Common Stock  
Class A - 75,000,000 no par shares authorized, 4,974,900 and 4,874,100 shares issued and outstanding at September 30, 2011 and June 30, 2011, respectively108,851,500108,696,500
Class B - 25,000,000 no par shares authorized, none outstanding00
Accumulated Other Comprehensive Income (Loss)(763,400)466,500
Accumulated Deficit(103,677,300)(103,341,200)
Total shareholders' equity4,410,8005,821,800
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY$ 6,119,200$ 7,616,400