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v2.4.0.6
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Consolidated Statements of Operations (Unaudited) (USD $) (USD $)
|
3 Months Ended |
9 Months Ended |
|
Mar. 31, 2012
|
Mar. 31, 2011
|
Mar. 31, 2012
|
Mar. 31, 2011
|
| Income Statement [Abstract] |
|
|
|
|
| Revenue |
$ 90,000 |
|
$ 120,000 |
$ 970,000 |
| Operating expenses |
|
|
|
|
| Salary expense |
77,311 |
161,033 |
177,985 |
235,642 |
| Stock based compensation |
|
|
1,229,417 |
124,600 |
| Stock issued for interest |
|
|
|
26,000 |
| General and administrative expenses |
109,340 |
176,635 |
292,014 |
942,675 |
| Equity investment loss |
129,082 |
|
362,713 |
|
| Dividends on Redeemable Preferred Series A Stock |
8,550 |
|
22,683 |
|
| Interest expense |
399,044 |
186,093 |
775,537 |
349,554 |
| Total expenses |
723,327 |
523,761 |
2,860,349 |
1,678,471 |
| Net (Loss) Income |
(633,327) |
(523,761) |
(2,740,349) |
(708,471) |
| Less: Income (loss) attributable to noncontrolling interest |
|
330 |
|
(22,938) |
| Net (loss) attributable to controlling interest |
$ (633,327) |
$ (524,091) |
$ (2,740,349) |
$ (685,533) |
| Basic and diluted net (loss) income per common share attributed to controlling interest |
$ (0.02) |
|
$ (0.11) |
$ (0.04) |
| Basic and diluted average common shares outstanding |
30,886,149 |
18,674,635 |
25,666,692 |
17,643,345 |
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| X |
- Definition
Total costs of sales and operating expenses for the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
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-Name Regulation S-X (SX)
-Number 210
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 95
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
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