Quarterly report pursuant to Section 13 or 15(d)

WARRANT DERIVATIVE LIABILITY (Tables)

v2.4.0.8
WARRANT DERIVATIVE LIABILITY (Tables)
 3 Months Ended
Sep. 30, 2013
Derivative Liabilities [Abstract]  
Fair Value Measurements, Nonrecurring
Warrants were determined to have an estimated fair value per share and aggregate value as of September 30, 2013 and in aggregate value as of June 30, 2013 as follows:         
 
 
 
 
 
 
Estimated 
 
 
 
 
 
 
 
Issued Warrants
 
Fair Value Per
Share $
as of
September 30,
 2013
 
Estimated
Total Fair Value in
Aggregate $
as of
September 30, 2013
 
Estimated
Total Fair Value in
Aggregate $
as of
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 2012 Warrants
 
 
562,551
 
$
0.02
 
$
12,000
 
$
27,000
 
July 2012 Warrants
 
 
338,013
 
 
0.02
 
 
7,000
 
 
17,000
 
August 2012 Warrants
 
 
120,719
 
 
0.02
 
 
3,000
 
 
6,000
 
October 2012 Warrants
 
 
48,287
 
 
0.02
 
 
1,000
 
 
3,000
 
Advisory Agreement Warrants
 
 
1,837,777
 
 
0.02
 
 
39,000
 
 
90,000
 
Total
 
 
2,907,347
 
 
 
 
$
62,000
 
$
143,000