3. 10% SENIOR SECURED CONVERTIBLE NOTES (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2012

Jun. 30, 2012

Debt Disclosure [Abstract]

10% Senior Secured Convertible Notes

The Notes consisted of the following:

	December 31, 2012		June 30, 2012
10% Senior Secured Convertible Notes issued on June 25, 2008, convertible into common stock at $1.25 per share, bearing interest at 10% per annum. Outstanding principal and accrued interest were due at maturity, September 30, 2012	$	–	$	50,000
Accrued interest—10% coupon due on September 30, 2012		–		1,250
	$	–	$	51,250

	June 30, 2012		June 30, 2011
10% Senior Secured Convertible Notes issued on June 25, 2008, convertible into common stock at $1.25 per share, bearing interest at 10% per annum. Outstanding principal and accrued interest are due at maturity, September 30, 2012	$	50,000	$	600,000
Accrued interest—10% coupon due on September  30, 2012		1,250		180,833
	$	51,250	$	780,833