FAIR VALUE MEASUREMENTS (Details) (Fair Value, Measurements, Recurring [Member], USD $)
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Jun. 30, 2013
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Jun. 30, 2012
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Financial Liabilities [Abstract] | ||||||
Convertible notes payable | $ 7,831,785 | [1] | $ 7,155,493 | [1] | ||
Total financial liabilities | 7,831,785 | 7,155,493 | ||||
Level 1 [Member]
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Financial Liabilities [Abstract] | ||||||
Convertible notes payable | 0 | [1] | 0 | [1] | ||
Total financial liabilities | 0 | 0 | ||||
Level 2 [Member]
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Financial Liabilities [Abstract] | ||||||
Convertible notes payable | 7,757,621 | [1] | 6,985,595 | [1] | ||
Total financial liabilities | $ 7,757,621 | $ 6,985,595 | ||||
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