Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2011	Jun. 30, 2011
ASSETS
Cash and cash equivalents	$ 1,467,300	$ 783,200
Accounts receivable, net	48,000	149,900
Marketable securities - restricted	5,117,700	6,637,100
Prepaid expenses and other current assets	106,900	39,500
Total current assets	6,739,900	7,609,700
FURNITURE AND OFFICE EQUIPMENT, NET	5,900	6,700
TOTAL ASSETS	6,745,800	7,616,400
LIABILITIES AND  SHAREHOLDERS' EQUITY
Accounts payable and accrued expenses	373,700	553,300
Note payable	828,000	28,000
Total current liabilities	1,201,700	581,300
LONG-TERM LIABILITIES	0	0
TOTAL LIABILITIES	1,201,700	581,300
Preferred Stock - Series B Convertible - 500,000 shares authorized, 0 and 122,600 issued and outstanding, respectively	0	1,213,300
SHAREHOLDERS' EQUITY
Common Stock Class A - 75,000,000 no par shares authorized, 4,974,900 and 4,874,100 shares issued and 4,955,000 and 4,874,100 shares outstanding at December 31, 2011 and June 30, 2011, respectively	108,851,500	108,696,500
Common Stock Class B - 25,000,000 no par shares authorized, none outstanding	0	0
Treasury Stock Class A treasury shares at cost with 19,900 and 0 shares held at December 31, 2011 and June 30, 2011, respectively	(14,100)	0
Accumulated Unrealized Gain of Marketable Securities, net of tax	137,000	466,500
Accumulated Deficit	(103,430,300)	(103,341,200)
Total shareholders' equity	5,544,100	5,821,800
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 6,745,800	$ 7,616,400