CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Consolidated Statements Of Operations
NET SALES	$ 0	$ 0
Cost of goods sold	0	0
GROSS PROFIT	0	0
OPERATING EXPENSES
Corporate expense	1,021,200	1,179,800
Amortization of stock-based compensation	24,900	200,100
Depreciation and amortization	2,700	1,000
Operating Expenses	1,048,800	1,380,900
OPERATING LOSS	(1,048,800)	(1,380,900)
OTHER INCOME & EXPENSES
Interest income (expense), net	14,200	(450,100)
Gain on sale of marketable securities, net	386,700	0
Other income (expense), net	12,700	(8,500)
LOSS FROM CONTINUING OPERATIONS	(635,200)	(1,839,500)
DISCONTINUED OPERATIONS
Loss from discontinued operations	0	(885,100)
Gain on sale of assets held for sale	0	1,294,000
Income recognized on dissolution of subsidiary	0	1,372,800
INCOME FROM DISCONTINUED OPERATIONS	0	1,781,700
NET LOSS	(635,200)	(57,800)
Preferred stock dividends	(30,500)	(268,700)
Gain on redemption of Series B Preferred Stock	443,200
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (222,500)	$ (326,500)
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED
Continuing operations	$ (0.13)	$ (0.35)
Discontinued operations		$ 0.34
Net loss	$ (0.13)	$ (0.01)
Preferred stock dividends	$ (0.01)	$ (0.05)
Net loss attributable to common stockholders	$ (0.04)	$ (0.06)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	4,980,100	5,269,000