Quarterly report pursuant to sections 13 or 15(d)

Convertible Notes Payable (Tables)

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Convertible Notes Payable (Tables)
 9 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Schedule Of Convertible Notes Outstanding [Table Text Block]

The convertible notes outstanding as of March 31, 2013 include:

 

    Unpaid  
    Principal  
       
2010 Notes (A)   $ 562,500  
2011 Notes (B)     645,000  
2011 Notes (C)     1,700,000  
2012 Notes (D)     825,000  
Balance at March 31, 2013   $ 3,732,500  

  

The convertible notes outstanding as of June 30, 2012 include:

 

    Unpaid     Unamortized     Principal  
    Principal     Discount     Net of Discount  
                   
2010 Notes (A)   $ 562,500     $ (19,312 )   $ 543,188  
2011 Notes (B)     645,000       -       645,000  
2011 Notes (C)     950,000       -       950,000  
Balance at June 30, 2012   $ 2,157,500     $ (19,312 )   $ 2,138,188