Consolidated Statements of Operations (USD $) In Thousands, except Share data	12 Months Ended
Jun. 30, 2011	Jun. 30, 2010
Income Statement [Abstract]
REVENUES	$ 0	$ 0
GENERAL AND ADMINISTRATIVE EXPENSES	19,970	9
OPERATING LOSS	(19,970)	(9)
OTHER INCOME:
Interest income, net	62	0
Total Other Income	62	0
NET LOSS BEFORE INCOME TAXES	(19,908)	(9)
INCOME TAXES	0	0
NET LOSS	$ (19,908)	$ (9)
Net loss per common share - basic and diluted	$ (0.20)	$ (0.02)
Weighted average common shares outstanding - basic and diluted	100,708,047	419,200

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The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

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The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

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The net result for the period of deducting operating expenses from operating revenues.

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Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.

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