ACCRUED LIABILITIES (Tables)

12 Months Ended

Jun. 30, 2013

Payables and Accruals [Abstract]

Accrued liabilities

Accrued liabilities consist of the following at June 30, 2013 and 2012:

	2013		2012
Accrued stock-based compensation	$	497,012	$	506,677
Accrued compensation		295,377		347,554
Accrued other liabilities		176,892		165,502
Accrued dividends		123,578		216,694
Accrued interest		4,123		5,901
	$	1,096,982	$	1,242,328