|
NATURE OF BUSINESS (Details Textual) (USD $)
|
3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2012
|
Mar. 31, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Sep. 30, 2011
|
Dec. 31, 2011
|
Oct. 01, 2011
|
Aug. 10, 2011
|
|
| Stockholders' Equity Note, Stock Split | Effective May 11, 2012, the Company's common stock was reverse split, 1 share for each 2 shares issued, pursuant to a majority vote of the Company's shareholders. All share references have been adjusted as if the split occurred prior to all periods presented. | ||||||||
| TOTAL CURRENT ASSETS | $ 4,096,538 | $ 4,096,538 | $ 641,963 | ||||||
| TOTAL CURRENT LIABILITIES | 1,355,150 | 1,355,150 | 3,720,486 | ||||||
| Working Capital Deficit | 2,741,388 | 2,741,388 | (3,078,523) | ||||||
| Net earnings (loss) | (843,616) | (225,987) | (1,547,401) | (280) | |||||
| Unrealized gain (loss) on available-for-sale securities (none applies to non-controlling interest) | (132,021) | (38,209) | (237,639) | (52,209) | |||||
| Foreign translation income (loss) | 7,666 | 0 | (1,048) | 0 | |||||
| Other comprehensive loss | (967,971) | 264,196 | (1,786,088) | (52,489) | |||||
| Approximate General and Administrative Expenses | 657,000 | 481,000 | 295,000 | ||||||
| Equity Method Investment, Ownership Percentage | 49.00% | 49.00% | 50.00% | ||||||
| Notes Payable To Bank | 239,241 | 239,241 | 242,964 | ||||||
| Debt Instrument, Maturity Date | Aug. 31, 2013 | ||||||||
| Line of Credit Facility, Amount Outstanding | 0 | 0 | 2,000,000 | ||||||
| Line of Credit Facility, Maximum Borrowing Capacity | 2,000,000 | 2,000,000 | |||||||
| Line Of Credit Facility Expiration Date1 | Aug. 20, 2012 | ||||||||
| Convertible notes payable | 0 | 0 | 1,625,000 | ||||||
| Proceeds Received From Subsidairy | 100,000 | ||||||||
| CEO Sitting Fees From Subsidairy, Term | three years | ||||||||
| Proceeds Received From Sale Of Units | 11,000,000 | ||||||||
| Expense Set Off For Sale Of Units | 10,100,000 | ||||||||
| Expenses Setoff After Paymen To Debt and Accrued Interest | $ 3,600,000 | ||||||||
| X | ||||||||||
|
- Definition
The approximate amount of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
|
| X | ||||||||||
|
- Definition
Term for CEO sitting fees receivable from subsidairy. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the expense set off for sale of units during the period. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the expense set off for sale of units after payment of debt and accrued interest No definition available.
|
| X | ||||||||||
|
- Definition
Cash received for sale of units by the common stock and warrants during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow from subsidairy, as a fee were company CEO sitting on the board of subsidairy. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of working capital deficiency as of the balance sheet. No definition available.
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Date the credit facility terminates, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Including the current and noncurrent portions, the carrying value as of the balance sheet date of notes payable to banks, excluding mortgage notes, initially due beyond one year or beyond the operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Before tax amount of the appreciation (loss) in value of unsold available-for-sale securities attributable to the parent entity. Excludes amounts related to other than temporary impairment (OTTI) losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after tax, before reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of the stock split arrangement. Also provide the retroactive effect given by a stock split that occurs after the balance date but before the release of financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|