Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2012	Jun. 30, 2011
ASSETS
Cash and cash equivalents	$ 2,022,100	$ 783,200
Accounts receivable, net	48,000	149,900
Interest receivable	5,500
Note receivable	75,000
Marketable securities - restricted	4,511,600	6,637,100
Prepaid expenses and other current assets	201,800	39,500
Total current assets	6,864,000	7,609,700
FURNITURE AND OFFICE EQUIPMENT, NET	6,300	6,700
NOTE RECEIVABLE, LONG-TERM	225,000
TOTAL ASSETS	7,095,300	7,616,400
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable and accrued expenses	278,800	553,300
Note payable	228,000	28,000
Total current liabilities	506,800	581,300
LONG-TERM LIABILITIES
TOTAL LIABILITIES	506,800	581,300
Preferred Stock - Series B Convertible - 500,000 shares authorized,0 and 122,600 issued and outstanding, respectively		1,213,300
SHAREHOLDERS' EQUITY
Class A - 75,000,000 no par shares authorized, 4,984,800 and 4,874,100 shares issued and outstanding at March 31, 2012 and June 30, 2011, respectively	108,857,300	108,696,500
Class B - 25,000,000 no par shares authorized, none outstanding
Accumulated Unrealized Gain on Marketable Securities, net of tax	1,101,700	466,500
Accumulated Deficit	(103,370,500)	(103,341,200)
Total shareholders' equity	6,588,500	5,821,800
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY	$ 7,095,300	$ 7,616,400