Common Stock Warrants (Tables)

12 Months Ended

Jun. 30, 2012

Common Stock Warrants Tables

Companys stock warrants

A summary of the status of the Company’s stock warrants as of June 30, 2012 and 2011 is presented below:

					Weighted Ave.
	Stock		Exercise		Exercise
	Warrants		Price		Price
Outstanding and Exercisable, June 30, 2010		3,967,326	$	0.75-1.75	$	1.34
Granted		-		-		-
Expired/Canceled		1,607,326		-		-
Exercised		-		-		-
Outstanding and Exercisable, June 30, 2011		2,360,000	$	0.75-1.75	$	1.09
Outstanding and Exercisable, June 30, 2011		2,360,000	$	0.75-1.75	$	1.09
Granted		-		-		-
Expired/Canceled		-		-		-
Exercised		-		-		-
Outstanding and Exercisable, June 30, 2012		2,360,000	$	0.75-1.75	$	1.09

Outstanding stock warrants

A summary of outstanding stock warrants at June 30, 2012 follows:

Number of			Remaining				Weighted
Common Stock			Contracted		Exercise		Ave Exer.
Equivalents		Expir. Date	Life (Years)		Price		Price
	50,000	October, 2012		1.250	$	1.75	$	1.75
	210,000	September, 2012		1.250	$	1.50	$	1.50
	100,000	October, 2012		1.333	$	1.75	$	1.75
	1,000,000	December 2015		4.500	$	0.75	$	0.75
	500,000	December 2015		4.500	$	1.00	$	1.00
	500,000	December 2015		4.500	$	1.50	$	1.50