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Derivative Liability (Details) (USD $)
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9 Months Ended | 12 Months Ended |
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Mar. 31, 2014
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Jun. 30, 2013
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| Summary of roll forward of fair value of warrant liability | ||
| Beginning Balance | $ 1,660,440 | $ 0 |
| Issuance of Warrants | 224,899 | 7,252,283 |
| Repurchase / Exercise / Cancellation of Warrants | (57,129) | (179,884) |
| Change in fair value | (1,708,651) | (5,411,959) |
| Ending Balance | $ 119,559 | $ 1,660,440 |
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- Details
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- Definition
Increase (decrease) in fair value of derivative liability. No definition available.
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- Definition
Fair value before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount paid by the entity to reacquire the right to purchase equity shares at a predetermined price, usually issued together with corporate debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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