Annual report pursuant to Section 13 and 15(d)

12. DERIVATIVE FINANCIAL INSTRUMENTS (Details 1)

v3.3.1.900
12. DERIVATIVE FINANCIAL INSTRUMENTS (Details 1) - $ / shares
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Minimum    
Expected term 4 years  
Weighted average volatility 305.00%  
Weighted average risk free interest rate 1.02%  
Expected dividends 0.00%  
Maximum    
Expected term 3 years  
Weighted average volatility 287.00%  
Weighted average risk free interest rate 0.76%  
Expected dividends 0.00%  
Black-Scholes | Minimum    
Expected term 1 month 10 days 25 days
Weighted average volatility 85.05% 70.65%
Weighted average risk free interest rate 0.30% 0.02%
Expected dividends 0.00% 0.00%
Black-Scholes | Maximum    
Expected term 27 days 3 years 3 months
Weighted average volatility 323.90% 299.63%
Weighted average risk free interest rate 0.49% 0.66%
Binomial Lattice | Minimum    
Expected term 3 months  
Weighted average volatility 149.00%  
Weighted average risk free interest rate 0.04%  
Expected dividends 0.00%  
Exercise Price $ .05  
Binomial Lattice | Maximum    
Expected term 1 year 9 months 15 days  
Weighted average volatility 184.00%  
Weighted average risk free interest rate 0.27%  
Exercise Price $ 1.00