PREFERRED DIVIDENDS (Details) (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Pro-forma effect of Dividend Adjustment
Dividends on Series A Preferred	$ 209,980	$ 208,353
Net loss applicable to common shareholders	(5,588)	(488,074)
Basic and diluted loss per share	$ 0	$ (0.04)
Variance Swap Member
Pro-forma effect of Dividend Adjustment
Dividends on Series A Preferred in Percentage	105.00%
Net loss applicable to common shareholders in Percentage	(1623.00%)
Basic and diluted loss per share in Percentage	(1623.00%)
As Reported Member
Pro-forma effect of Dividend Adjustment
Dividends on Series A Preferred	86,402
Net loss applicable to common shareholders	(5,588)
Basic and diluted loss per share	$ 0
Proforma [Member]
Pro-forma effect of Dividend Adjustment
Dividends on Series A Preferred	177,095
Net loss applicable to common shareholders	(96,281)
Basic and diluted loss per share	$ (0.01)
Dollars Member | Variance Swap Member
Pro-forma effect of Dividend Adjustment
Dividends on Series A Preferred	90,693
Net loss applicable to common shareholders	$ (90,693)
Basic and diluted loss per share	$ (0.01)