ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

Mar. 31, 2012

Notes to Financial Statements

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 6.ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

		March 31, 2012		June 30, 2011
Accounts payable	$	104,671	$	160,204
Tax reserve		67,574		85,359
Accrued judgment		135,000		135,000
Accrued interest		93,253		124,483
Auditing		3,500		37,500
Total	$	403,998	$	542,546