Note 9. Income Taxes (Tables)

12 Months Ended

Jun. 30, 2012

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2012			2011
Expected income tax benefit at statutory rate	$	(2,198,000	)	$	(2,379,000	)
State taxes, net of federal benefit		(198,000	)		(214,000	)
Permanent differences		12,000			6,000
Expiration of NOLs		280,000			1,346,000
Change in valuation allowance		2,104,000			1,241,000
Income tax benefit	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2012			2011
NOLs - noncurrent	$	16,265,000		$	15,886,000
Stock-based compensation - current		3,102,000			1,619,000
Deferred compensation - noncurrent		395,000			153,000
		19,762,000			17,658,000
Valuation allowance		(19,762,000	)		(17,658,000	)
Net deferred tax assets	$	-		$	-