7. LONG TERM DEBT (Details Textuals) (USD $)
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6 Months Ended | ||||
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Dec. 31, 2012
Business Loan [Member]
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Jun. 30, 2012
Business Loan [Member]
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Dec. 31, 2012
PromissoryNoteOneMember
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Jun. 30, 2012
PromissoryNoteOneMember
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Jun. 30, 2012
PromissoryNoteTwoMember
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Debt Instrument [Line Items] | |||||
Aggregate principal amount of loan | $ 300,000 | $ 700,000 | |||
Bearing Interest rate | 0.02 | 0.07 | |||
Equal monthly installments | 4,426 | ||||
Interest rate increased | 0.04 | ||||
Outstanding borrowings | 252,454 | 228,322 | 700,000 | 684,592 | |
Proceed from sale of Debt Securities | 2 | ||||
Cancel related warrants | $ 11.7 |
X | ||||||||||
- Definition
Cancel Related Warrants. No definition available.
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X | ||||||||||
- Definition
Debt Instrument Interest Rate Increase1. No definition available.
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X | ||||||||||
- Definition
Equal Monthly Installments. No definition available.
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X | ||||||||||
- Definition
Outstanding Borrowings. No definition available.
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X | ||||||||||
- Details
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X | ||||||||||
- Definition
The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. No definition available.
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X | ||||||||||
- Definition
The portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a rate subject to change from time to time. No definition available.
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X | ||||||||||
- Definition
The cash inflow associated with the sale of debt securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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