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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Jun. 30, 2011
ASSETS    
Cash and cash equivalents $ 284,300 $ 783,200
Other receivables 16,800 101,900
Notes receivable, current 250,000 0
Marketable securities - restricted 3,572,600 6,637,100
Investment in Symbius, at cost 162,100 0
Prepaid expenses and other current assets 97,100 39,500
Total current assets 4,382,900 7,561,700
LAND, PROPERTY AND EQUIPMENT, NET 3,524,600 6,700
OTHER ASSETS    
NOTE RECEIVABLE, LONG-TERM 150,000 0
Prepaid royalties, long-term 50,000 0
TOTAL ASSETS 8,107,500 7,568,400
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable and accrued expenses 631,000 505,300
Fair value - contingent payments, current 50,000 0
Notes payable, current 228,000 28,000
Total current liabilities 909,000 533,300
LONG-TERM LIABILITIES    
Fair value - contingent payments, long-term 1,075,000 0
Fair value - asset retirement obligation, long-term 410,000 0
TOTAL LIABILITIES 2,394,000 533,300
Preferred Stock - Series B Convertible - 500,000 shares authorized, none and 122,600 issued and outstanding at June 30, 2012 and 2011, respectively 0 1,213,300
SHAREHOLDERS' EQUITY    
Preferred Stock - Series A Convertible, 5,000,000 shares authorized, none issued and outstanding at June 30, 2012 and 2011, respectively 0 0
Preferred Stock - Series D Convertible, 500,000 shares authorized, none issued and outstanding at June 30, 2012 and 2011, respectively 0 0
Preferred Stock - Series E Convertible - 750,000 shares authorized, none issued and outstanding at June 30, 2012 and 2011, respectively 0 0
Common Stock    
Class A - 75,000,000 no par shares authorized, 5,010,300 and 4,874,100 shares issued and outstanding at June 30, 2012 and 2011, respectively 108,893,600 108,696,500
Class B - 25,000,000 no par shares authorized and none issued and outstanding 0 0
Accumulated Unrealized Gain on Marketable Securities, net of tax 383,600 466,500
Accumulated Deficit (103,563,700) (103,341,200)
Total shareholders' equity 5,713,500 5,821,800
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 8,107,500 $ 7,568,400