Deferred Compensation	9 Months Ended
Mar. 31, 2012
Deferred Compensation [Abstract]
Deferred Compensation	5. DEFERRED COMPENSATION: Current: As of March 31, 2012, the Company owed Brightcap Capital Ltd. ("Brightcap"), for services provided by Dominic Bassani, the Company's Chief Executive Officer ("CEO"), deferred compensation of $484,035. Of the $484,035, $150,000 of the deferred compensation was earned by Brightcap from January 1, 2009 through June 30, 2009 ("2009 Deferred Compensation") and $286,000 was earned by Brightcap from May 1, 2011 through March 31, 2012 ("2011/2012 Deferred Compensation"). The Company entered into an agreement with Brightcap in June 2009, whereby the 2009 Deferred Compensation earned by Brightcap totaling $150,000, was made due July 1, 2010 and convertible until July 1, 2010 into the Company's restricted common stock, at Brightcap's option, at a price of $1.50 per share, the fair value of the shares at the date of the agreement. As the conversion price of $1.50 per share approximated the fair value of the shares at the time the conversion agreement was entered into, no beneficial conversion feature existed. During June 2010, the Company entered into an extension agreement with Brightcap pursuant to which the maturity date and the conversion date of the 2009 Deferred Compensation were extended to July 1, 2011. As consideration for the extension, an additional $15,000 principal was added to the obligation and the 2009 Deferred Compensation accrues interest commencing July 1, 2010 at 10% per annum. During June 2011, the Company and Brightcap agreed to extend the maturity date and the conversion date of the 2009 Deferred Compensation until July 1, 2012. As of March 31, 2012, the 2009 Deferred Compensation and accrued interest total $193,875. Interest expense for each of the three months ended March 31, 2012 and 2011 was $4,125. Interest expense for each of the nine months ended March 31, 2012 and 2011 was $12,375. The Company also owes three other key employees deferred compensation of $46,083 as of March 31, 2012. Non-current: As of March 31, 2012, the 2011/2012 Deferred Compensation owed Brightcap is $286,000. The Company also owes Mark A. Smith, the Company's President deferred compensation of $193,204. During March 2012, agreements were reached with Brightcap and Mr. Smith whereby the repayment of the deferred compensation was extended to January 15, 2014, with interest to accrue at 8% per annum beginning January 1, 2012. In addition the deferred compensation plus accrued interest may be converted, at the sole election of Brightcap and Mr. Smith, respectively, into Units consisting of one share of the Company's common stock and one warrant to purchase a share of the Company's common stock at a price of $2.50 per Unit until December 31, 2016. As the conversion price of $2.50 per Unit approximated the fair value of the Units at the date of the agreements, no beneficial conversion feature exists at March 31, 2012. In addition, the conversion price of the deferred compensation plus accrued interest will be the lower of the $2.50 per Unit price or the lowest price at which the Company sells its common stock between April 1, 2012 and January 15, 2014. Based upon the agreement, the Company recorded interest related to the deferred compensation owed Brightcap and Mr. Smith of $4,160 and $3,584, respectively for both the three and nine months ended March 31, 2012, respectively. The total non-current convertible deferred compensation plus accrued interest as of March 31, 2012 is $486,948.

5. DEFERRED COMPENSATION: Current:

As of March 31, 2012, the Company owed Brightcap Capital Ltd. ("Brightcap"), for services provided by Dominic Bassani, the Company's Chief Executive Officer ("CEO"), deferred compensation of $484,035. Of the $484,035, $150,000 of the deferred compensation was earned by Brightcap from January 1, 2009 through June 30, 2009 ("2009 Deferred Compensation") and $286,000 was earned by Brightcap from May 1, 2011 through March 31, 2012 ("2011/2012 Deferred Compensation"). The Company entered into an agreement with Brightcap in June 2009, whereby the 2009 Deferred Compensation earned by Brightcap totaling $150,000, was made due July 1, 2010 and convertible until July 1, 2010 into the Company's restricted common stock, at Brightcap's option, at a price of $1.50 per share, the fair value of the shares at the date of the agreement. As the conversion price of $1.50 per share approximated the fair value of the shares at the time the conversion agreement was entered into, no beneficial conversion feature existed. During June 2010, the Company entered into an extension agreement with Brightcap pursuant to which the maturity date and the conversion date of the 2009 Deferred Compensation were extended to July 1, 2011. As consideration for the extension, an additional $15,000 principal was added to the obligation and the 2009 Deferred Compensation accrues interest commencing July 1, 2010 at 10% per annum. During June 2011, the Company and Brightcap agreed to extend the maturity date and the conversion date of the 2009 Deferred Compensation until July 1, 2012. As of March 31, 2012, the 2009 Deferred Compensation and accrued interest total $193,875. Interest expense for each of the three months ended March 31, 2012 and 2011 was $4,125. Interest expense for each of the nine months ended March 31, 2012 and 2011 was $12,375.

The Company also owes three other key employees deferred compensation of $46,083 as of March 31, 2012.

Non-current:

As of March 31, 2012, the 2011/2012 Deferred Compensation owed Brightcap is $286,000. The Company also owes Mark A. Smith, the Company's President deferred compensation of $193,204. During March 2012, agreements were reached with Brightcap and Mr. Smith whereby the repayment of the deferred compensation was extended to January 15, 2014, with interest to accrue at 8% per annum beginning January 1, 2012. In addition the deferred compensation plus accrued interest may be converted, at the sole election of Brightcap and Mr. Smith, respectively, into Units consisting of one share of the Company's common stock and one warrant to purchase a share of the Company's common stock at a price of $2.50 per Unit until December 31, 2016. As the conversion price of $2.50 per Unit approximated the fair value of the Units at the date of the agreements, no beneficial conversion feature exists at March 31, 2012. In addition, the conversion price of the deferred compensation plus accrued interest will be the lower of the $2.50 per Unit price or the lowest price at which the Company sells its common stock between April 1, 2012 and January 15, 2014. Based upon the agreement, the Company recorded interest related to the deferred compensation owed Brightcap and Mr. Smith of $4,160 and $3,584, respectively for both the three and nine months ended March 31, 2012, respectively. The total non-current convertible deferred compensation plus accrued interest as of March 31, 2012 is $486,948.