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12. INCOME TAXES (Tables)
12 Months Ended
Jun. 30, 2013
Income Tax Disclosure [Abstract]  
Income tax reconciliation

 

    2013   2012
         
Statutory rate   34.0%   34.0%
State income taxes, net of federal income        
   tax benefit   5.0%   5.0%
Reduction in valuation allowance related        
   to net operating loss carry-forwards and change        
   in temporary differences   -39.0%   -39.0%
         
    0.0%   0.0%

Schedule of deferred tax asset

 

   2013  2012
Deferred tax assets (liabilities):          
     Net operating loss and capital loss carryforwards  $10,000,000   $9,700,000 
     Less: Valuation allowance   (10,000,000)   (9,700,000)
           
Net deferred tax  $—     $—