Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT

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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (USD $)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Beginning Balance at Jun. 30, 2011 $ (1,035,000) $ 34,000 $ 874,000 $ (1,943,000)
Beginning Balance (in shares) at Jun. 30, 2011   33,979,000    
Issuance of common stock for services 0      
Issuance of common stock - notes payable debt conversion (in shares)   3,735,000    
Issuance of common stock - notes payable debt conversion 1,264,000 4,000 1,260,000 0
Issuance of common stock - private placement transactions, net (in shares)   2,813,000    
Issuance of common stock - private placement transactions, net 1,126,000 3,000 1,123,000 0
Reclassification of warrant as a derivative liability (1,159,000) 0 (1,159,000) 0
Recapitalization of Common stock - reverse acquisition transactions (in shares)   3,544,000    
Recapitalization of common stock - reverse acquisition transactions 0 3,000 (3,000) 0
Stock-based compensation 45,000 0 45,000 0
Net Income (loss) (2,385,000) 0 0 (2,385,000)
Ending Balance at Jun. 30, 2012 (2,144,000) 44,000 2,140,000 (4,328,000)
Ending Balance (in shares) at Jun. 30, 2012   44,071,000    
Issuance of common stock - services (in shares)   200,000    
Issuance of common stock for services 134,000 0 134,000 0
Issuance of common stock - option exercises (in shares)   550,000    
Issuance of common stock - option exercises 22,000 1,000 21,000 0
Issuance of common stock - private placement transactions, net (in shares)   2,535,000    
Issuance of common stock - private placement transactions, net 980,000 2,000 978,000 0
Reclassification of warrant as a derivative liability (931,000) 0 (931,000) 0
Stock-based compensation 94,000 0 94,000 0
Net Income (loss) 351,000 0 0 351,000
Ending Balance at Jun. 30, 2013 $ (1,494,000) $ 47,000 $ 2,436,000 $ (3,977,000)
Ending Balance (in shares) at Jun. 30, 2013   47,356,000