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Issuance of Common Stock for Services	9 Months Ended
Mar. 31, 2014
Issuance Of Common Stock For Services
Issuance of Common Stock for Services	*14. Issuance of Common Stock for Services* On September 20, 2012, our Company issued 250,000 shares to a third party consultant in consideration for its services under the terms of a consulting agreement for investor relations and public communications services. For the three months ended September 30, 2012, we recorded noncash charges totaling $85,000 in connection with this stock issuance based on previous day’s closing price for our common stock, which is deemed the fair market value as of that date. On July 2, 2013, the Company granted 1,057,000 shares of common stock to a consultant for business restructure and investment relation services for a period of six months. The fair value of 1,057,000 shares were $401,660 on the grand date.

Issuance of Common Stock for Services

9 Months Ended

Mar. 31, 2014

Issuance Of Common Stock For Services

14. Issuance of Common Stock for Services

On September 20, 2012, our Company issued 250,000 shares to a third party consultant in consideration for its services under the terms of a consulting agreement for investor relations and public communications services. For the three months ended September 30, 2012, we recorded noncash charges totaling $85,000 in connection with this stock issuance based on previous day’s closing price for our common stock, which is deemed the fair market value as of that date.

On July 2, 2013, the Company granted 1,057,000 shares of common stock to a consultant for business restructure and investment relation services for a period of six months. The fair value of 1,057,000 shares were $401,660 on the grand date.