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10. DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 2) (USD $)
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3 Months Ended |
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Sep. 30, 2013
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| Derivative Financial Instruments And Fair Value Measurements Details 2 | |
| Balance at June 30, 2013 | $ 0 |
| Initial recording of warrant derivative liability | 144,241 |
| Fair value of warrants exercised or expired | 0 |
| Change in fair value included in statement of operations | 259,251 |
| Balance at September 30, 2013 | $ 403,492 |
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- Definition
No authoritative reference available. No definition available.
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- Details
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- Definition
Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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