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1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Summary Of Significant Accounting Policies Details 3    
Net Income (Loss) - Basic $ 960,972 $ (1,052,613)
Interest Expense on Senior Convertible Notes 30,208   
Net Income (Loss) - Diluted $ 991,180 $ (1,052,613)
Basic Weighted Average Shares Outstanding 1,163,775 994,777
Potentially Dilutive Securities 112,114   
Diluted Weighted Average Shares Outstanding 1,275,889 994,777
Basic $ 0.83 $ (1.06)
Diluted $ 0.78 $ (1.06)