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1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Accounting Policies [Abstract]    
Net Income (Loss) - Basic $ (1,787,680) $ 960,972
Interest Expense on Senior Convertible Notes 0 30,208
Net Income (Loss) - Diluted $ (1,787,680) $ 991,180
Basic Weighted Average Shares Outstanding 3,521,387 1,163,775
Potentially Dilutive Securities 0 112,114
Diluted Weighted Average Shares Outstanding 3,521,387 1,275,889
Income (Loss) Per Share    
Basic $ (0.51) $ 0.83
Diluted $ (0.51) $ 0.78