Energy Holdings International (EGYH) Inactive 10-K15 Oct 132013 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Jun. 30, 2013	Oct. 10, 2013
Document And Entity Information
Entity Registrant Name	ENERGY HOLDINGS INTERNATIONAL, INC.
Entity Central Index Key	1271046
Document Type	10-K
Document Period End Date	30-Jun-13
Amendment Flag	FALSE
Current Fiscal Year End Date	-24
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float	$906,360
Entity Common Stock, Shares Outstanding		38,956,006
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2013

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2013	Jun. 30, 2012
ASSETS
Cash and equivalents - unrestricted	$1,590	$10,514
Cash and equivalents - restricted		40,068
Prepaid expenses and advances to employees	34,683	22,684
Total current assets	36,273	73,266
Property, plant and equipment, net	16,221	24,673
Deposits	8,181	8,181
Total non-current assets	24,402	32,854
TOTAL ASSETS	60,675	106,120
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Accounts payable and accrued liabilities	125,630	127,511
Accounts payable - related party	1,024,294	585,149
Convertible short-term notes payable		42,639
Short-term notes payable	100,000
Derivative liability		22,371
Total current liabilities	1,249,924	777,670
TOTAL LIABILITIES	1,249,924	777,670
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred Stock - $0.10 par value: 50,000,000 shares authorized; none issued and outstanding at June 30, 2013 and 2012
Common stock, $0.001 par value; 100 million shares authorized, 36,656,006 and 35,154,006 shares issued and outstanding at June 30, 2013 and 2012, respectively	36,656	35,154
Additional paid in capital	3,897,989	3,400,484
Common stock committed	412,811	50,000
Deficit accumulated before re-entry to the development stage	-4,089,763	-4,089,763
Accumulated deficit after re-entry to the development stage	-1,446,942	-67,425
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	-1,189,249	-671,550
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$60,675	$106,120

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$0.10	$0.10
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	36,656,006	35,154,006
Common stock, shares outstanding	36,656,006	35,154,006

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended		15 Months Ended
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
REVENUES
Consulting revenues
TOTAL REVENUES
OPERATING EXPENSES
General and administrative expenses	1,354,100	1,513,714	1,416,020
Depreciation	8,451	8,451	10,564
Total operating expenses	1,362,551	1,522,165	1,426,584
NET LOSS FROM OPERATIONS	-1,362,551	-1,522,165	-1,426,584
OTHER INCOME/(EXPENSE)
Change in fair value of derivative liability	-1,476	91,320	-1,298
Gain (loss) on debt extinguishment	-7,447	194,000	-7,447
Interest expense	-8,060	-23,806	-11,640
Interest income	17	37	27
Total other income/(expense)	-16,966	261,551	-20,358
Net loss	($1,379,517)	($1,260,614)	($1,446,942)
Net loss per share - basic and diluted (in dollars per shares)	($0.04)	($0.04)
Weighted average number of shares outstanding (in shares)	35,765,107	33,740,949

CONSOLIDATED_STATEMENT_OF_SHAR

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (DEFICIT) (USD $)	Common Stock	Additional Paid In Capital	Common Stock Payable	Develop. Stage Deficit	Pre-Develop. Stage Deficit	Total
Balance at Jun. 30, 2011	$31,612	$1,955,483	$190,000		($2,896,574)	($719,479)
Balance (in shares) at Jun. 30, 2011	31,612,109
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for Services	1,020	175,980				177,000
Shares issued for Services (in shares)	1,020,000
Shares issued for Debt reduction	315	120,660				120,975
Shares issued for Debt reduction (in shares)	315,000
Shares issued for Cash	1,000	139,000	-140,000
Shares issued for Cash (in shares)	1,000,000
Shares issued for Conversion of convertible note	206.9	5,793				6,000
Shares issued for Conversion of convertible note (in shares)	206,897
Shares issued for Cash and option to purchase equity in subsidiary	1,000	997,616				998,616
Shares issued for Cash and option to purchase equity in subsidiary (in shares)	1,000,000
Reclassification of derivative liability		5,952				5,952
Net loss				-67,425	-1,193,189	-1,260,614
Balance at Jun. 30, 2012	35,154	3,400,484	50,000	-67,425	-4,089,763	-671,550
Balance (in shares) at Jun. 30, 2012	35,154,006					35,154,006
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares issued for Services	825	47,335				48,160
Shares issued for Services (in shares)	825,000
Shares issued for Cash	677	426,323				427,000
Shares issued for Cash (in shares)	677,000					677,000
Stock committed for services			104,500			104,500
Extinguishment of derivative liability at fair value		23,847				23,847
Cash received for stock payable			258,311			258,311
Net loss				-1,379,517		-1,379,517
Balance at Jun. 30, 2013	$36,656	$3,897,989	$412,811	($1,446,942)	($4,089,763)	($1,189,249)
Balance (in shares) at Jun. 30, 2013	36,656,006					36,656,006

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended		15 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net income / (loss)	($1,379,517)	($1,260,614)	($1,446,942)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	8,451	8,451	10,564
Amortization discount on note payable		15,620
Change in fair value of derivative	1,476	-91,320	23,847
Gain on debt and deferred revenues extinguishment		-194,000
Stock-based compensation	152,660	177,000	63,160
Change in operating assets and liabilities:
Deposits, prepaid expenses and other current assets	-11,999	-18,601	-8,992
Accounts payable and accrued liabilities	-8,021	-1,642	68,398
Deferred revenues
Related party payables	409,285	326,078	291,599
Compensating balance restriction	40,068	-38	40,057
Net cash provided by / (used in) operations	-787,597	-1,039,066	-958,309
CASH FLOWS FROM FINANCING ACTIVITIES
Related party cash contributions	29,862		29,862
Proceeds from notes payable	100,000		100,000
Sales of common stock	427,000		427,000
Common stock committed for cash	258,311		258,311
Principal payments on convertible notes payable	-36,500		-36,500
Sale of equity interest in subsidiary		998,616
Reclassification of derivative liability to equity			5,952
Net cash provided by/(used in) financing activities	778,673	998,616	784,625
Net change in cash and equivalents	-8,924	-40,450	-173,684
Cash and equivalents, beginning of period	10,514	50,964	175,274
Cash and equivalents, end of period	1,590	10,514	1,590
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest
Cash paid for income taxes
SUPPLEMENTAL DISCLOSURES OF NON-CASH FINANCING ACTIVITIES
Common stock issued for conversion of convertible note		6,000	6,000
Common stock issued for outstanding stock commitment		140,000
Adjustment to derivative liability due to debt conversion	23,847	5,952	29,799
Reduction in common stock payable due to issuance of shares			140,000
Common stock issued for settlement of debt and deferred revenue balance		$120,975	$120,975

ORGANIZATION_OPERATIONS_AND_SI

ORGANIZATION, OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Jun. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION, OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES

NOTE 1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Energy Holdings International, Inc. (the “Company”), was incorporated in the State of Nevada on November 30, 2006 as a successor corporation to Green Energy Corp. which was incorporated in the State of Colorado on October 14, 2003. Green Energy Corp. acquired Green Energy Holding Corp. on December 18, 2006.

On March 10, 2009, the Company amended the Articles of Incorporation to change its name from Green Energy Holding Corp. to Energy Holdings International, Inc.

The Company is a holding company that also provides consulting services and is currently exploring various opportunities in the energy area. EHII’s management has been in active discussions with several potential companies, either to acquire, manage, or joint venture with these entities. However, as of the date of this filing, no definitive agreements or arrangements have been finalized.

The Company has consolidated the accounts of Energy Holdings International – Middle East/North Africa DMCC (“EHII – MENA”), formerly Advance Energy DMCC, a firm in Dubai, United Arab Emirates, into its financial statements.

Fiscal year

The Company employs a fiscal year ending June 30.

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents. There are no cash equivalents at June 30, 2013 or 2012.

At June 30, 2012, we had $40,068 on deposit with our financial institution which was a compensating balance for our credit cards which we used to travel to and from the Middle East. This amount was shown on the balance sheet as “Cash and equivalents – restricted”. This amount was released during the year ended June 30, 2013 and we no longer have such restrictions.

At June 30, 2012, we had the U.S. Dollar equivalent of $514 on deposit at Emirates Bank in Dubai, United Arab Emirates (the “UAE”). At this time, the UAE does not provide deposit coverage equivalent to that provided by the Federal Deposit Insurance Corporation (“FDIC”).

Foreign currencies

The Company maintains bank accounts in Dubai whose balances and transactions are denominated in Dirhams of the United Arab Emirates (AED). The AED is tied to the US Dollar and, as such, there are no foreign currency gains or losses.

The Company’s functional currency is the US Dollar.

Concentration of Credit Risk

Financial instruments and related items, which potentially subject the Company to concentrations of credit risk are cash and cash equivalents. The Company places its cash and temporary cash investments with credit quality institutions. At times, such investments may be in excess of FDIC insurance limits.

Net income (loss) per share

The net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common outstanding. Warrants, stock options, and common stock issuable upon the conversion of the Company's preferred stock (if any), are not included in the computation if the effect would be anti-dilutive and would increase the earnings or decrease loss per share. The weighted average shares outstanding for the year ended June 30, 2013 and 2012 were 35,765,107 and 33,740,949, respectively. The earnings per share on a basic and diluted basis for the year ended June 30, 2013 and 2012 was ($0.04) for both years.

In presenting net income (loss) per share, we segregate net income or loss as resulting from normal operations, extraordinary items and discontinued operations.

Fair Value Measurements

On July 1, 2010, the Company adopted guidance which defines fair value, establishes a framework for using fair value to measure financial assets and liabilities on a recurring basis, and expands disclosures about fair value measurements. Beginning on July 1, 2010, the Company also applied the guidance to non-financial assets and liabilities measured at fair value on a non-recurring basis, which includes goodwill and intangible assets. The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:

Level 1 - Valuation is based upon unadjusted quoted market prices for identical assets or liabilities in active markets that the Company has the ability to access.

Level 2 -Valuation is based upon quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; or valuations based on models where the significant inputs are observable in the market.

Level 3 - Valuation is based on models where significant inputs are not observable. The unobservable inputs reflect the Company's own assumptions about the inputs that market participants would use.

The following table presents assets and liabilities that are measured and recognized at fair value as of June 30, 2013 and 2012 on a recurring and non-recurring basis:

Description

Fiscal Year Ended June 30,

Level 1

Level 2

Level 3

Gains (Losses)

Derivatives (recurring)

2013

—

2012

—

22,371

91,320

At June 30, 2012, the Company had derivative liabilities as a result of a 2011 convertible promissory note that includes embedded derivatives. These liabilities were valued with the assistance of a valuation consultant and consisted of level 3 valuation techniques.

The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, accounts payable, accrued liabilities and long-term debt. The estimated fair value of cash, accounts receivable, accounts payable and accrued liabilities approximate their carrying amounts due to the short-term nature of these instruments. The carrying value of long-term debt also approximates fair value since their terms are similar to those in the lending market for comparable loans with comparable risks.

Derivative Financial Instruments

The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks.

The Company reviews the terms of the common stock, warrants and convertible debt it issues to determine whether there are embedded derivative instruments, including embedded conversion options, which are required to be bifurcated and accounted for separately as derivative financial instruments. In circumstances where the host instrument contains more than one embedded derivative instrument, including the conversion option, that is required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument.

Bifurcated embedded derivatives are initially recorded at fair value and are then revalued at each reporting date with changes in the fair value reported as non-operating income or expense. When the equity or convertible debt instruments contain embedded derivative instruments that are to be bifurcated and accounted for as liabilities, the total proceeds received are first allocated to the fair value of all the bifurcated derivative instruments. The remaining proceeds, if any, are then allocated to the host instruments themselves, usually resulting in those instruments being recorded at a discount from their face value.

The discount from the face value of the convertible debt is amortized over the life of the instrument through periodic charges to interest expense, using the effective interest method.

The fair value of the derivatives is estimated using a Monte Carlo simulation model, lattice-binomial option pricing model and the Black-Scholes option pricing model. These models utilize a series of inputs and assumptions to arrive at a fair value at the date of inception and each reporting period. An option-pricing model is affected by the Company’s stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, the Company’s expected stock price volatility over the term of the warrant and discount rates.

Revenue recognition

Revenue is comprised principally of service and consulting revenue from work performed for customers under master service arrangements. Revenue is recognized over the period of the agreement as it is earned as such policy complies with the following criteria: (i) persuasive evidence of an arrangement exists; (ii) the services have been provided; (iii) the fee is fixed and determinable, (iv) collectability is reasonably assured. In the event that a customer pays up front, deferred revenue is recognized for the amount of the payment in excess of the revenue earned.

Financial instruments

The carrying amounts of the Company’s financial instruments as of June 30, 2013 and 2012 approximate their respective fair values because of the short-term nature of these instruments. Such instruments consist of cash, accounts payable and accrued expenses.

Stock-Based Compensation

The Company is required to recognize expense of options or similar equity instruments issued to employees using the fair-value-based method of accounting for stock-based payments in compliance with ASC 718 – Compensation – Stock Compensation and ASC 505-50 – Equity Based Payments to Non-Employees. ASC 718 covers a wide range of share-based compensation arrangements including share options, restricted share plans, performance –based awards, share appreciation rights, and employee share purchase plans. Application of this pronouncement requires significant judgment regarding the assumptions used in the selected option pricing model, including stock price volatility and employee exercise behavior. Most of these inputs are either highly dependent on the current economic environment at the date of grant or forward-looking over the expected term of the award. The Company typically uses the lattice model to value options and similar equity instruments.

Property and equipment

Property and equipment are recorded at cost and depreciated under the straight line method over each item's estimated useful life.

Income tax

The Company accounts for income taxes under ASC 740 – Income Taxes. Under ASC 740 deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss carry-forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

Development Stage Enterprise

As of April 1, 2012, the Company re-entered the development stage. The financial statements have been updated to reflect this change as of this date.

Reclassifications

Certain information reported for previous periods has been reclassified for consistency with current financial information.

Recently Issued Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under U.S. GAAP. The new amendments will require an organization to:

Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period; and

Cross-reference to other disclosures currently required under U.S. GAAP for other reclassification items (that are not required under U.S. GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense.

The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The adoption of ASU No. 2013-02 is not expected to have a material impact on our financial position or results of operations.

In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11. The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users. In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with U.S. GAAP and those prepared under IFRSs. Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013. The adoption of ASU 2013-01 is not expected to have a material impact on our financial position or results of operations.

In October 2012, the FASB issued Accounting Standards Update ASU 2012-04, “Technical Corrections and Improvements” in Accounting Standards Update No. 2012-04. The amendments in this update cover a wide range of Topics in the Accounting Standards Codification. These amendments include technical corrections and improvements to the Accounting Standards Codification and conforming amendments related to fair value measurements. The amendments in this update will be effective for fiscal periods beginning after December 15, 2012. The adoption of ASU 2012-04 is not expected to have a material impact on our financial position or results of operations.

In August 2012, the FASB issued ASU 2012-03, “Technical Amendments and Corrections to SEC Sections: Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin (SAB) No. 114, Technical Amendments Pursuant to SEC Release No. 33-9250, and Corrections Related to FASB Accounting Standards Update 2010-22 (SEC Update)” in Accounting Standards Update No. 2012-03. This update amends various SEC paragraphs pursuant to the issuance of SAB No. 114. The adoption of ASU 2012-03 is not expected to have a material impact on our financial position or results of operations.

In July 2012, the FASB issued ASU 2012-02, “Intangibles – Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment” in Accounting Standards Update No. 2012-02. This update amends ASU 2011-08, Intangibles – Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment and permits an entity first to assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform the quantitative impairment test in accordance with Subtopic 350-30, Intangibles - Goodwill and Other - General Intangibles Other than Goodwill. The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted, including for annual and interim impairment tests performed as of a date before July 27, 2012, if a public entity’s financial statements for the most recent annual or interim period have not yet been issued or, for nonpublic entities, have not yet been made available for issuance. The adoption of ASU 2012-02 has not had a material impact on our financial position or results of operations.

In December 2011, the FASB issued ASU 2011-12, “Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05. This update defers the requirement to present items that are reclassified from accumulated other comprehensive income to net income in both the statement of income where net income is presented and the statement where other comprehensive income is presented. The adoption of ASU 2011-12 has not had a material impact on our financial position or results of operations.

In December 2011, the FASB issued ASU No. 2011-11 “Balance Sheet: Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”). This Update requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The objective of this disclosure is to facilitate comparison between those entities that prepare their financial statements on the basis of U.S. GAAP and those entities that prepare their financial statements on the basis of IFRS. The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. The Company is currently evaluating the impact, if any, that the adoption of this pronouncement may have on its results of operations or financial position.

GOING_CONCERN

GOING CONCERN	12 Months Ended
GOING CONCERN	Jun. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 2. GOING CONCERN

	The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As shown in the accompanying financial statements, we had losses of $1,379,517 and $1,260,614, respectively, in 2013 and 2012 and had accumulated deficits of $5,536,705 as of June 30, 2013.

	These conditions raise substantial doubt as to our ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

	Management plans to finance our continuing operations by selling common stock or issuance of debt.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2013
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 3. RELATED PARTY TRANSACTIONS

	During the years ended June 30, 2013 and 2012, we accrued and paid the following to our officers:

		Year Ended June 30,
		2013			2012

	Net due at beginning of period	$	393,000		$	211,000
	Salary accruals		480,000			480,000
	Salary payments		(133,000	)		(298,000	)
	Net due at end of period	$	740,000		$	393,000

	During the year ended June 30, 2012, our Chief Executive Officer, John Adair made advances to the Company $1,630, paid company expenses totaling $1,995 and was reimbursed $12,253. During the year ended June 30, 2013, Mr. Adair made advances to the Company of $3,945, paid expenses on behalf of the Company of $2,874 and was reimbursed $6,819.


	During the year ended June 30, 2013, our Chief Financial Officer, Jalal Alghani paid expenses on behalf of the Company of $102,707 and was repaid $141,676.

	Our Chief Executive Officer, John Adair and our Chief Financial Officer, Jalal Alghani are collectively owed $756,794 in salaries, cash contributions made into the Company and expenses paid on behalf of the company as of June 30, 2013.

	Other related parties are collectively owed $267,500 in salaries, cash contributions made into the Company and expenses paid on behalf of the company as of June 30, 2013.

	On October 17, 2011, we issued 100,000 shares to a board member for services rendered. We valued the shares at the grant date fair value, charging general and administrative expenses with $40,000.

	On March 15, 2011, we issued 200,000 common shares to John Adair, our Chief Executive Officer, and 100,000 shares to Jalal Alghani, Our Chief Financial Officer. We valued the shares at the closing price on the grant date ($0.04) and charged general and administrative expenses with $12,000.

	On May 22, 2011, we entered into a stock subscription agreement with a member of our board of directors to sell 1 million shares for $140,000.

	On February 6, 2012, we issued 150,000 shares to Alex Adair, the son of our Chief Executive Officer and a senior geologist, in exchange for engineering consulting. We valued the shares at the grant date and charged general and administrative expenses with $15,000.

	Also on February 6, 2012, we issued 100,000 shares to the daughter of our Chief Financial Officer for services. We valued the shares at the grant date and charged general and administrative expenses with $10,000.

	On April 25, 2012, we again issued 50,000 shares to the daughter of our Chief Financial Officer for services. We valued the shares at the grant date and charged general and administrative expenses with $5,000.

	On January 1, 2013, we entered into an agreement with a former Director to reacquire him as a Director. Under this agreement, the Director was granted 100,000 shares for rejoining, and 25,000 per quarter from April 1, 2013 to March 31, 2014. We valued the shares at the closing price on the grant date, increasing Additional Paid in Capital with the value of 125,000 of these shares (the initial 100,000 and the 25,000 shares that had been issued as of June 30, 2013), or $7,500, increased Common Stock Committed with the value of 75,000 shares which had not been issued (or $4,500), and recorded an expense for the entire 200,000 shares ($12,000).

PROPERTY_PLANT_AND_EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT	Jun. 30, 2013
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT	NOTE 4. PROPERTY, PLANT AND EQUIPMENT

	At June 30, 2013 and 2012, our property, plant and equipment consisted of the following:

		June 30,
		2013			2012

	Furniture and fixtures	$	37,150		$	37,150
	Office equipment		7,593			7,593
	Property, plant and equipment at cost		44,743			44,743
	Less: accumulated depreciation		(28,522	)		(20,070	)
	Property, plant and equipment (net)	$	16,221		$	24,673

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Jun. 30, 2013
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 5. INCOME TAXES

	Deferred income taxes arise from the temporary differences between financial statement and income tax recognition of net operating losses. Deferred tax assets and valuation allowances for the years ended June 30, 2013 and 2012 are summarized in the following table:

		June 30,
		2013			2012

	Deferred tax asset (NOL at estimated 35% marginal rate)	$	1,521,572		$	1,092,689
	Less: reserve		(1,521,572	)		(1,092,689	)
	Net deferred tax asset		—			—

	Components of income tax expense are as follows:

	Current federal tax
	Current state tax
	Change in NOL benefit		428,883			341,833
	Change in NOL valuation allowance		(428,883	)		(341,833	)
	Income tax expense		—			—

	We adopted ASC 740 – Income Taxes for accounting for uncertainty in income taxes, including unrecognized tax benefits as of June 30, 2013. The adoption had no effect on our financial position or results of operations. We did not have significant unrecognized tax benefits resulting from differences between positions taken in tax returns and amounts recognized in the financial statements as of June 30, 2013 or 2012. The net operating losses begin to expire in 2024.

NOTES_PAYABLE

NOTES PAYABLE	12 Months Ended
	Jun. 30, 2013
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 6. NOTES PAYABLE

	On April 7, 2011, we issued a convertible promissory note in the amount of $42,500 in exchange for cash. The note bears interest at 8% and matures January 11, 2012, with interest due on any defaulted balances after the maturity date at 22%.

	The promissory note can be converted into common stock according to the following terms:

		·	Period of conversion eligibility: October 4, 2011 until fully paid.
		·	Conversion price: 58% of the average of the lowest three days’ closing price during the previous 10 trading days leading up to the date of conversion.

	On October 26, 2011, the creditor converted $6,000 of the unpaid principal into 206,897 shares. As of June 30, 2012, we had $36,500 of unpaid principal and $6,139 of unpaid interest due on the note. In addition to the nominal interest accrued on the note, we amortized $15,620 of the note’s discount to interest expense.

	On September 25, 2012, we paid this note in its entirety, extinguishing all principal, interest and derivative liabilities associated with this instrument. The derivative liability in the amount of $23,847 was recorded as additional paid in capital (see Note 8 for a discussion of the derivative liability).

	On June 4, 2013, we entered into a promissory note with an investor in the Middle East to provide us $100,000 of working capital. As is required by Sharia law, the promissory note bears no interest and has the following repayments terms: $25,000 due on September 1, 2013; $25,000 due on December 1, 2013; $25,000 due on April 1, 2014 and $25,000 on July 1, 2014. As of the filing of this report, the September 1, 2013 payment has not yet been made. We calculated an imputed amount of interest due on this note and deemed it to be immaterial.

STOCKHOLDERS_EQUITY

STOCKHOLDER'S EQUITY	12 Months Ended
	Jun. 30, 2013
Equity [Abstract]
STOCKHOLDER'S EQUITY	NOTE 7. STOCKHOLDERS' EQUITY

	Common stock

	Stock transactions during the year ended June 30, 2012
	During the year ended June 30, 2012, we issued 3,541,897 shares as follows:

	We issued the second tranche of stock (250,000 shares) to a consulting group pursuant to our contract which we signed on March 1, 2011. We valued the shares at the closing price on the grant date (March 1, 2011) and charged general and administrative expenses with $12,500.

	We issued 15,000 shares of common stock to a consultant for services, extinguishing $15,000 of debt for previous services rendered. We valued the shares at the closing price on the grant date, recorded an increase in Additional Paid in Capital of $975, and a gain on extinguishment of debt of $14,025.

	We issued 100,000 shares to a director for services. We valued the shares at the closing price on the grant date and charged general and administrative expense with $40,000.

	We issued 500,000 shares to a consultant in Saudi Arabia. 300,000 of these shares were to extinguish advances to the Company occurring during 2010 and 2011 totaling $299,975. These 300,000 shares were in exchange for the extinguishment of that obligation. 200,000 shares were in exchange for services related to our Bangladesh project. We valued the 500,000 shares at the closing price on the grant date which resulted in an increase in Additional Paid in Capital of $200,000. We charged General and Administrative Expenses with $80,000 of consulting costs, reduced the $299,975 debt to zero, and recognized a gain on extinguishment of debt of $179,975.

	We received $140,000 in cash for 1 million shares. At our previous fiscal year end of June 30, 2011, these shares had not yet been issued and were included in Common Stock Committed. On October 17, 2011, we issued these 1 million shares and reduced our obligation in Common Stock Committed by $140,000.

	On October 26, we issued 206,897 shares to convert $6,000 of a $42,500 convertible promissory note. See Note 7 and the explanation below under “Convertible Securities Outstanding”.

	On January 18, 2012, we entered into an agreement with an accredited investor in Saudi Arabia to provide $1 million in cash for operating capital. As part of that agreement, we agreed to issue the investor 1 million common shares. In addition to these shares, we agreed to provide an option to acquire 10% of the equity of our subsidiary that will be formed to own and operate the two 225 megawatt power plants in Bangladesh. The option is exercisable only upon financial close of the Bangladesh project (defined as the point in time when the financial commitments needed to fund the project are placed into escrow and the project is considered fully funded). Once the option becomes exercisable, the option holder has 60 days to exercise the option by rendering 10% of the cash equity requirements. For example, if the project requires a total of $40 million to fund the power plants, and we are successful at raising 75% (or $30 million) through debt offerings, then this option holder may acquire a 10% interest in the subsidiary by rendering $1 million ($40 million times (100% minus 75%, or 25%) times 10% equity requirement. Since this option is not exercisable until financial close, we deemed it to have no value as the contingency has not been resolved.

	On February 6, 2012, we issued a total of 370,000 shares to three consultants. We valued the shares at the closing price on the grant date and charged general and administrative expenses with $37,000.

	During the three months ended June 30, 2012, we issued 100,000 shares to two consultants. We valued the shares at the grant date closing price and charged general and administrative costs with $7,500.

	Stock transactions during the year ended June 30, 2013


	At the beginning of the fiscal year, July 1, 2012, we had 35,154,006 shares issued and outstanding. During the fiscal year ended June 30, 2013, we had the following stock transactions:

		·	We issued 677,000 shares for cash, raising $427,000 in operating capital

		·	We issued 825,000 shares to consultant and directors for services. We valued the shares at their grant date fair values and charged general and administrative expense collectively with $48,160.

		·	We entered into a subscription agreement with an accredited investor in Saudi Arabia to sell 500,000 shares for $1 per share. We received 948,936 UAE Dirhams (US $258,311) as an advance against this subscription. Since we will issue the shares only when all of the subscription is paid in full, we recorded the cash receipt as a stock payable.

	Preferred stock

	At June 30, 2013 and 2012, the Company had 25 million shares of authorized preferred stock, to have such preferences as the Board of Directors may set from time to time, $.001 par value, with no shares issued and outstanding.

	Stock options and other dilutive securities

	Non-employee stock options

	The Company accounts for non-employee stock options under ASC 718 – Compensation – Stock Compensation and ASC 505-50 – Equity-Based Payments to Non-Employees , whereby option costs are recorded based on the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable.

	Common Stock Payable

	On November 22, 2012 we received a payment in the amount of $258,311 from an investor in Saudi Arabia pursuant to a subscription agreement for the sale of 500,000 shares at $1. As of June 30, 2013, we had not yet issued any shares to this investor. The entire amount of $258,311 is included in Common Stock Committed.

	On January 1, 2013, we granted 100,000 shares to a Director for serving on the Board of Directors from April 1, 2013 to March 31, 2014. In addition, we granted this Director an additional 25,000 shares per quarter. We valued all 200,000 shares at the fair value on the grant date (January 1, 2013) and charged General and Administrative Expense $12,000, increased Additional Paid in Capital for those shares issued during the fiscal year (100,000 plus the first 25,000 stock payment, or $7,500), and increasing Common Stock Committed for those shares that had not (75,000 shares, or $4,500).

	On May 1, 2013, we granted 1 million shares to a consultant in the Middle East to serve on our Advisory Board. We valued the shares at the fair value on the grant date, charging General and Administrative Expense with $100,000 and increasing Additional Paid in Capital with the same amount.

	Sale of shares of stock and 10% option to purchase equity of subsidiary

	On July 21, 2011, we signed an agreement with PriSe Power and Energy Limited (“PriSe”), a local Bangladesh company, to sell 25% of our yet-to-be-formed subsidiary which will own the rights to the two 225 MW combined-cycle power plants in Bangladesh (the “Bangladesh subsidiary”) in exchange for $4 million upon obtaining the Power Purchase Agreement (“PPA”) . ”). The PPA has not been obtained as of the date of this filing and no cash has been funded to the company out of the total $4 million that is promised. In addition, PriSe has agreed to complete the PPA and Implementation Agreement for the project and obtain all necessary approvals with the controlling authorities within the government of Bangladesh as partial EHII compensation for the 25% interest in the project.


	In addition, we conveyed an option to purchase 10% of the operating subsidiary to an investor as part of our agreement to raise $1 million in operating capital (see above in this explanatory note and Note 8 ). The 10% equity is contingent upon financial close of the project.

	As of the date of this report, we have not yet closed the project on the Bangladesh power plant.

DERIVATIVE_LIABILITY

DERIVATIVE LIABILITY	12 Months Ended
DERIVATIVE LIABILITY	Jun. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE LIABILITY	NOTE 8. DERIVATIVE LIABILITY

	The following assumptions were used in valuing the derivative liability using the Monte Carlo Simulation model associated with the Convertible Promissory Note of April 7, 2011 and June 30, 2011:

		·	Volatility ranged from 151% to 161%;
		·	The risk free rate ranged from 0.12% to 0.10%; and
		·	The conversion date is estimated as the maturity date.

	The following assumptions were used in valuing the derivative liability using the Lattice model associated with the Convertible Promissory Note at June 30, 2012:

		·	The stock price would fluctuate with the Company projected volatility;
		·	The projected volatility curve for each valuation period was based on the average of 16 comparable Oil/Gas/Energy companies for historical volatility. Volatilities used in the 2012 valuations ranged from 194% to 454%. An event of default for the Convertible Note would occur 0% of the time, increasing 1.00% per month to a maximum of 5% prior to maturity and following maturity increased to 50% growing by 5% per month to 75% with a 6 month extension.
		·	Alternative financing for the Convertible Note would be initially available to redeem the note 0% of the time and increase monthly by 1% to a maximum of 10%;
		·	The trading volume limits would be based on the greater of the monthly averages for the last 6 months or $50,000 per month and would increase at 1% per month; and
		·	The Holders would automatically convert the notes at the greater of 2 times the conversion price or stock price if the registration was effective and the company was not in default.

	The following assumptions were used in valuing the derivative liability using the Black Scholes model associated with the Tainted Warrants of April 7, 2011, June 30, 2011and 2012:

		·	Volatility ranged from 464% to 565%;
		·	Exercise price was $0.50;
		·	Initial term of the warrants was 1 year; and
		·	Discount rate ranged from 0.02% to 0.27%.

	Based on the above assumptions, the derivative liability at June 30, 2012 is $22,371. The warrants expired during the period and have a value of $0 at June 30, 2012. On September 25, 2012, the underlying convertible note was paid in full, extinguishing both the note balance and all derivative liabilities.

	At September 25, 2012 (the date the convertible promissory note was paid, extinguishing the liabilities), the fair value of the derivative was $23,847 using the following assumptions:

	The following assumptions were used in valuing the derivative liability at September 25, 2012 (the date the convertible note was extinguished), using the Lattice model:

		·	Volatility ranged from 217% to 465%;
		·	The risk free rate ranged from 0.12% to 0.10%; and
		·	The conversion date is estimated as the maturity date.


	The following shows the changes in the level three derivative liability measured on a recurring basis for the years ended June 30, 2013, 2012 and 2011:

	Balance at inception, April 7, 2011		$	366,365
	Derivative gain			(246,722	)
	Balance at June 30, 2011			119,643
	Adjustment of derivative liability due to conversion			(5,952	)
	Derivative gain			(91,320	)
	Balance at June 30, 2012			22,371
	Adjustment of derivative to point of extinguishment			1,476
	Derivative gain (credit to Additional Paid in Capital)			(23,847	)
	Balance at June 30, 2013			—

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9. COMMITMENTS AND CONTINGENCIES

	Payouts on our existing office and apartment leases in Dubai and Houston over the next four years are as follows:

	Period		Amount
	Six months ended December 31, 2013	$	57,882
	Year ended December 31, 2014		49,098
	Year ended December 31, 2015		—
	Year ended December 31, 2016		—
	Year ended December 31, 2017		—

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2013
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10. SUBSEQUENT EVENTS

	Subsequent to June 30, 2013, we issued 2,300,000 common shares. 300,000 of these shares were for cash, and 2,000,000 shares were for services. Of the 2,000,000 shares issued for services, 1,250,000 shares were recorded in periods prior to June 30, 2013 and were included in “Common Stock Committed”.

ORGANIZATION_OPERATIONS_AND_SI1

ORGANIZATION, OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Jun. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Use of estimates

Cash and cash equivalents

The Company considers all highly liquid investments with an original maturity of three months or less as cash equivalents. There are no cash equivalents at June 30, 2013 or 2012.

Foreign currencies

The Company’s functional currency is the US Dollar.

Concentration of Credit Risk

Net income (loss) per share

In presenting net income (loss) per share, we segregate net income or loss as resulting from normal operations, extraordinary items and discontinued operations.

Fair Value Measurements

Level 1 - Valuation is based upon unadjusted quoted market prices for identical assets or liabilities in active markets that the Company has the ability to access.

Level 3 - Valuation is based on models where significant inputs are not observable. The unobservable inputs reflect the Company's own assumptions about the inputs that market participants would use.

The following table presents assets and liabilities that are measured and recognized at fair value as of June 30, 2013 and 2012 on a recurring and non-recurring basis:

Description

Fiscal Year Ended June 30,

Level 1

Level 2

Level 3

Gains (Losses)

Derivatives (recurring)

2013

—

2012

—

22,371

91,320

Derivative Financial Instruments

The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks.

The discount from the face value of the convertible debt is amortized over the life of the instrument through periodic charges to interest expense, using the effective interest method.

Revenue recognition

Financial instruments

Stock-Based Compensation

Property and equipment

Property and equipment are recorded at cost and depreciated under the straight line method over each item's estimated useful life.

Income tax

Development Stage Enterprise

As of April 1, 2012, the Company re-entered the development stage. The financial statements have been updated to reflect this change as of this date.

Reclassifications

Certain information reported for previous periods has been reclassified for consistency with current financial information.

Recently Issued Accounting Pronouncements

ORGANIZATION_OPERATIONS_AND_SI2

ORGANIZATION, OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of fair value of derivatives	Description	Fiscal Year Ended June 30,		Level 1		Level 2		Level 3		Gains (Losses)

	Derivatives (recurring)		2013	$	—	$	—	$	—	$	—
			2012		—		—		22,371		91,320

RELATED_PARTY_TRANSACTIONS_Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Jun. 30, 2013
Related Party Transactions [Abstract]
Schedule of due to officers	During the years ended June 30, 2013 and 2012, we accrued and paid the following to our officers:

		Year Ended June 30,
		2013			2012

	Net due at beginning of period	$	393,000		$	211,000
	Salary accruals		480,000			480,000
	Salary payments		(133,000	)		(298,000	)
	Net due at end of period	$	740,000		$	393,000

PROPERTY_PLANT_AND_EQUIPMENT_T

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
PROPERTY, PLANT AND EQUIPMENT (Tables)	Jun. 30, 2013
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment		June 30,
		2013			2012

	Furniture and fixtures	$	37,150		$	37,150
	Office equipment		7,593			7,593
	Property, plant and equipment at cost		44,743			44,743
	Less: accumulated depreciation		(28,522	)		(20,070	)
	Property, plant and equipment (net)	$	16,221		$	24,673

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets	Deferred tax assets and valuation allowances for the years ended June 30, 2013 and 2012 are summarized in the following table:

		June 30,
		2013			2012

	Deferred tax asset (NOL at estimated 35% marginal rate)	$	1,521,572		$	1,092,689
	Less: reserve		(1,521,572	)		(1,092,689	)
	Net deferred tax asset		—			—

Schedule of components of income tax expense	Components of income tax expense are as follows:

	Current federal tax
	Current state tax
	Change in NOL benefit		428,883			341,833
	Change in NOL valuation allowance		(428,883	)		(341,833	)
	Income tax expense		—			—

DERIVATIVE_LIABILITY_Tables

DERIVATIVE LIABILITY (Tables)	12 Months Ended
DERIVATIVE LIABILITY (Tables)	Jun. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of changes in the level three derivative liability measured on a recurring basis	The following shows the changes in the level three derivative liability measured on a recurring basis for the years ended June 30, 2013, 2012 and 2011:

	Balance at inception, April 7, 2011	$	366,365
	Derivative gain		(246,722	)
	Balance at June 30, 2011		119,643
	Adjustment of derivative liability due to conversion		(5,952	)
	Derivative gain		(91,320	)
	Balance at June 30, 2012		22,371
	Adjustment of derivative to point of extinguishment		1,476
	Derivative gain (credit to Additional Paid in Capital)		(23,847	)
	Balance at June 30, 2013		—

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
Schedule of operating lease payments	Payouts on our existing office and apartment leases in Dubai and Houston over the next four years are as follows:

	Period		Amount
	Six months ended December 31, 2013	$	57,882
	Year ended December 31, 2014		49,098
	Year ended December 31, 2015		—
	Year ended December 31, 2016		—
	Year ended December 31, 2017		—

ORGANIZATION_OPERATIONS_AND_SU

ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narratives) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Mar. 31, 2012	Jun. 30, 2011
Cash and equivalents - restricted		$40,068
Cash and equivalents - unrestricted	1,590	10,514	175,274	50,964
Weighted average number of shares outstanding (in shares)	35,765,107	33,740,949
Net loss per share - basic and diluted (in dollars per shares)	($0.04)	($0.04)
Emirates Bank
Cash and equivalents - unrestricted		$514

ORGANIZATION_OPERATIONS_AND_SU1

ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)

12 Months Ended

15 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Sep. 25, 2012

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2011

Jun. 30, 2013

Jun. 30, 2012

Apr. 07, 2011

Recurring

Level 1

Level 2

Level 3

Derivatives

$22,371

$23,847

$119,643

$22,371

$366,365

Gains (Losses)

($1,476)

$91,320

($23,847)

$91,320

($246,722)

$1,476

($91,320)

GOING_CONCERN_Details_Narrativ

GOING CONCERN (Details Narratives) (USD $)	12 Months Ended		15 Months Ended
GOING CONCERN (Details Narratives) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
Going Concern Details Narratives
Net loss	($1,379,517)	($1,260,614)	($1,446,942)
Accumulated deficit	$5,536,705		$5,536,705

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Narratives) (USD $)

12 Months Ended

15 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Jan. 01, 2013

Mar. 15, 2011

Jun. 30, 2013

Jun. 30, 2012

Mar. 15, 2011

Jun. 30, 2013

Mar. 15, 2011

Jun. 30, 2013

Oct. 17, 2011

22-May-11

Jun. 30, 2012

Feb. 06, 2012

Apr. 25, 2012

Feb. 06, 2012

Director services

John Adair

Jalal Alghani

John Adair and Jalal Alghani

Other related parties

Director services

Alex Adair

Daughter of Chief Financial Officer

Related Party Transaction [Line Items]

Proceed advance from officers

$3,945

$1,630

Payments of expense by officers

2,874

1,995

102,707

Related party reimbursed amount

29,862

6,819

12,253

141,676

Due to officers and related parties

756,794

267,500

Shares issued for services (in shares)

100,000

200,000

100,000

150,000

50,000

100,000

Shares issued for services

48,160

177,000

12,000

40,000

15,000

5,000

10,000

Share price on the grant date (in dollars per share)

$0.04

Shares issued for cash

427,000

140,000

Shares issued for cash (in shares)

677,000

1,000,000

Additionally shares issued for services (in shares)

25,000

[1]

Increase (decrease) in additional paid in capital

7,500

Increase (decrease) in common stock payable

$4,500

[1]

Grants per quarter from April 1 2013 to March 31, 2014.

RELATED_PARTY_TRANSACTIONS_Det1

RELATED PARTY TRANSACTIONS (Details) (Officers, USD $)	12 Months Ended
RELATED PARTY TRANSACTIONS (Details) (Officers, USD $)	Jun. 30, 2013	Jun. 30, 2012
Officers
Due to officers [Roll Forward]
Net due at beginning of period	$393,000	$211,000
Salary accruals	480,000	480,000
Salary payments	-133,000	-298,000
Net due at end of period	$740,000	$393,000

PROPERTY_PLANT_AND_EQUIPMENT_D

PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Property, plant and equipment at cost	$44,743	$44,743
Less: accumulated depreciation	-28,522	-20,070
Property, plant and equipment (net)	16,221	24,673
Furniture and Fixtures
Property, plant and equipment at cost	37,150	37,150
Office Equipment
Property, plant and equipment at cost	$7,593	$7,593

INCOME_TAXES_Details_Narrative

INCOME TAXES (Details Narratives) (USD $)	12 Months Ended
INCOME TAXES (Details Narratives) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Income Tax Disclosure [Abstract]
Marginal rate	35.00%
Net operating losses expire year	2024
Unrecognized tax benefits

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
INCOME TAXES (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Deferred Tax Assets, Net
Deferred tax asset (NOL at estimated 35% marginal rate)	$1,521,572	$1,092,689
Less: reserve	-1,521,572	-1,092,689
Net deferred tax asset
Components of income tax expense are as follows:
Current federal tax
Current state tax
Change in NOL benefit	428,883	341,833
Change in NOL valuation allowance	-428,883	-341,833
Income tax expense

NOTES_PAYABLE_Details_Narrativ

NOTES PAYABLE (Details Narratives) (USD $)

12 Months Ended

15 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Sep. 25, 2012

Oct. 26, 2011

Apr. 07, 2011

Jun. 30, 2013

Jun. 30, 2012

Jun. 04, 2013

Convertible promissory note

Promissory note (investor in the Middle East)

Short-term Debt [Line Items]

Short-term debt

$42,500

$100,000

Repayments of short term debt

25,000

[1]

Interest rate

8.00%

Maturity date

11-Jan-12

Defaulted balances interest rate after maturity

22.00%

Description of conversion terms

Period of conversion eligibility: October 4, 2011 until fully paid.

Conversion price: 58% of the average of the lowest three days’ closing price during the previous 10 trading days leading up to the date of conversion.

Creditors unpaid principal converted

6,000

36,500

Creditors unpaid principal converted (in shares)

206,897

Unpaid interest on notes

6,139

Amortization of notes discount

15,620

Extinguishment of derivative liability at fair value

$23,847

[1]

Quaterly repayment due dates : September 1, 2013, December 1, 2013, April 1, 2014, and July 1, 2014 repectively.

STOCKHOLDERS_EQUITY_Details_Na

STOCKHOLDERS' EQUITY (Details Narratives) (USD $)	12 Months Ended		15 Months Ended		0 Months Ended		12 Months Ended		0 Months Ended		12 Months Ended		0 Months Ended		12 Months Ended	0 Months Ended			3 Months Ended	12 Months Ended	0 Months Ended	12 Months Ended		0 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jul. 01, 2013	Jul. 21, 2011	Oct. 26, 2011	Jun. 30, 2012	Apr. 07, 2011	1-May-13	Jun. 04, 2013	Jun. 30, 2013	Jun. 30, 2012	Oct. 17, 2011	22-May-11	Jun. 30, 2012	Oct. 17, 2011	Feb. 06, 2012	Mar. 01, 2011	Jun. 30, 2012	Jun. 30, 2012	Jan. 18, 2012	Jun. 30, 2013	Jun. 30, 2013	Jan. 01, 2013	Jan. 01, 2013
					PriSe Power and Energy Limited	Convertible promissory note	Convertible promissory note	Convertible promissory note	Promissory note (investor in the Middle East)	Promissory note (investor in the Middle East)	Common Stock Payable	Common Stock Payable	Director services	Director services	Director services	Director services	Consultant services	Consultant services	Consultant services	Consultant services (In Saudi Arabia)	Accredited investor (In Saudi Arabia)	Accredited investor (In Saudi Arabia)	Consultant services and directors services	Director services	Director services
					MW											Common Stock Payable	N		N		MW	Common Stock Payable
																					N
Shares issued		3,541,897
Common stock, shares issued	36,656,006	35,154,006	36,656,006	35,154,006
Common stock, shares outstanding	36,656,006	35,154,006	36,656,006	35,154,006
Shares issued for services													100,000		100,000		370,000	250,000	100,000	500,000	1,000,000	500,000	825,000	100,000
Shares issued for services (in dollars)	$48,160	$177,000							$100,000				$40,000		$40,000		$37,000	$12,500	$7,500				$48,160	$12,000
Cash received for stock payable (in dollars)	258,311										258,311											258,311
Consultant cost charged under general and administrative expenses (in dollars)																				80,000
Additionally shares issued for services																		15,000		200,000					25,000	[1]
Extinguishment of debt (in dollars)																		15,000		299,975
Increase (decrease) in additional paid in capital (in dollars)									100,000									975		200,000				7,500
Gains on extinguishment of debt (in dollars)	-7,447	194,000	-7,447															14,025		179,975
Extinguishment of debt																				300,000
Shares issued for Cash	677,000													1,000,000		1,000,000
Shares issued for Cash (in dollars)	427,000											-140,000		140,000		140,000
Creditors unpaid principal converted (in dollars)		6,000				6,000	36,500
Creditors unpaid principal converted						206,897
Short-term debt (in dollars)						42,500		42,500		100,000
Cash provided by investor for operating capital (in dollars)																					1,000,000
Number of power plants operated in Bangladesh																					2
Energy provided by power plants					225																225
Percentage of option excercisable for cash equity (in percent)																					10.00%
Number of days required for option exercise																					60 days
Number of consultants																	3		2
Share price (in dollars per share)																						$1
Preferred stock, shares authorized	50,000,000	50,000,000	50,000,000
Preferred stock, par value (in dollars per share)	$0.10	$0.10	$0.10
Preferred stock, shares issued
Preferred stock, shares outstanding
Increase (decrease) in common stock payable (in dollars)																								4,500
Percentage of interest in project (in percent)					25.00%
Consideration received in exchange of power purchase agreement (in dollars)					$4,000,000

[1]	Grants per quarter from April 1 2013 to March 31, 2014.

DERIVATIVE_LIABILITY_Details_N

DERIVATIVE LIABILITY (Details Narratives) (USD $)

Sep. 25, 2012

Jun. 30, 2012

Jun. 30, 2011

Apr. 07, 2011

Jun. 30, 2011

Apr. 07, 2011

Jun. 30, 2012

Sep. 25, 2012

Jun. 30, 2012

Sep. 25, 2012

Jun. 30, 2012

Jun. 30, 2011

Apr. 07, 2011

Jun. 30, 2012

Jun. 30, 2011

Apr. 07, 2011

Jun. 30, 2012

Jun. 30, 2011

Apr. 07, 2011

Monte Carlo Simulation model

Lattice model

Black Scholes model

Convertible Promissory Note

Tainted Warrants

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Volatility Rate

151.00%

161.00%

217.00%

194.00%

465.00%

454.00%

464.00%

565.00%

Risk free rate

0.10%

0.12%

0.10%

0.12%

Number of average comparables for volatility

Percentage of default

0.00%

Additional description of default

Increasing 1.00% per month to a maximum of 5% prior to maturity and following maturity increased to 50% growing by 5% per month to 75% with a 6 month extension.

Description of alternative financing

Would be initially available to redeem the note 0% of the time and increase monthly by 1% to a maximum of 10%

Description of trading volume limits

Would be based on the greater of the monthly averages for the last 6 months or $50,000 per month and would increase at 1% per month

Description of conversion

Would automatically convert the notes at the greater of 2 times the conversion price or stock price if the registration was effective and the company was not in default

Exercise price

$0.50

Initial term

1 year

Discount rate

0.02%

0.27%

Derivative liability

$23,847

$22,371

Derivative liability - Warrants expired

DERIVATIVE_LIABILITY_Details

DERIVATIVE LIABILITY (Details) (USD $)	12 Months Ended		15 Months Ended		12 Months Ended		3 Months Ended	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Sep. 25, 2012	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2013	Jun. 30, 2012
					Recurring	Recurring	Recurring	Recurring	Recurring
							Level 3	Level 3	Level 3
Derivative Liabilities:
Balance	$22,371			$23,847			$366,365	$22,371	$119,643
Derivative gain	-1,476	91,320	-23,847			91,320	-246,722	1,476	-91,320
Adjustment of derivative liability due to conversion	23,847	5,952	29,799						-5,952
Derivative gain (credit to Additional Paid in Capital)	23,847							-23,847
Balance		$22,371		$23,847			$119,643		$22,371

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
Six months ended December 31, 2013	$57,882
Year ended December 31, 2014	$49,098

SUBSEQUENT_EVENTS_Details_Narr

SUBSEQUENT EVENTS (Details Narratives)	12 Months Ended
SUBSEQUENT EVENTS (Details Narratives)	Jun. 30, 2013
Shares issued for cash (in shares)	677,000
Subsequent Event \| Common Stock Payable
Shares issued for cash (in shares)	300,000
Shares issued for services (in shares)	2,000,000