Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT

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CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT - USD ($)
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Beginning Balance at Jun. 30, 2013 $ (1,494,000) $ 47,000 $ 2,436,000 $ (3,977,000)
Beginning Balance (In Shares) at Jun. 30, 2013   47,356,000    
Issuance of common stock - services and director fees 152,000 $ 1,000 151,000 0
Issuance of common stock - services and director fees (In Shares)   1,160,000    
Issuance of common stock - option exercises 0 $ 0 0 0
Issuance of common stock - option exercises (In Shares)   258,000    
Issuance of common stock - private placement transactions, net 1,178,000 $ 24,000 1,154,000 0
Issuance of common stock - private placement transactions, net (In Shares)   23,233,000    
Issuance of common stock - conversion of related party debt to equity 3,440,000 $ 21,000 3,419,000 0
Issuance of common stock - conversion of related party debt to equity (In Shares)   21,267,000    
Stock-based compensation 239,000 $ 0 239,000 0
Net loss (4,299,000) 0 0 (4,299,000)
Ending Balance at Jun. 30, 2014 (784,000) $ 93,000 7,399,000 (8,276,000)
Ending Balance (In Shares) at Jun. 30, 2014   93,274,000    
Issuance of common stock - services and director fees 21,000 $ 0 21,000 0
Issuance of common stock - services and director fees (In Shares)   240,000    
Issuance of common stock - private placement transactions, net 501,000 $ 6,000 495,000 0
Issuance of common stock - private placement transactions, net (In Shares)   5,950,000    
Warrants issued related to debt financing 170,000 $ 0 170,000 0
Stock-based compensation 313,000 0 313,000 0
Net loss (2,415,000) 0 0 (2,415,000)
Ending Balance at Jun. 30, 2015 $ (2,194,000) $ 99,000 $ 8,398,000 $ (10,691,000)
Ending Balance (In Shares) at Jun. 30, 2015   99,464,000