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Subsequent Events
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6 Months Ended | |
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Dec. 31, 2013
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| Subsequent Events [Abstract] | ||
| Subsequent Events [Text Block] | Note 11 Subsequent Events On January 15, 2014, the Company closed the Bridge Financing with total gross proceeds received in the financing of $2,703,000, before placement agent compensation, transaction costs, fees and expenses. On December 13, 2013, the Board of Directors and majority shareholders approved a one for six reverse stock split so that every six shares of common stock shall represent one share of common stock. The execution of the reverse split will occur upon receipt of all regulatory approvals. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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