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COMMON STOCK - Private placement offering (Detail Textuals 4) (USD $)	12 Months Ended		1 Months Ended
	Jun. 30, 2011	Jun. 30, 2012	Mar. 17, 2011 Warrant
Class of Warrant or Right [Line Items]
Cash compensation for services rendered			$ 751,296
Warrants issued			364,000
Common stock warrant liability, warrants exercisable from September 18, 2011 through September 18, 2016 (in dollars per share)	$ 2.6058	$ 2.6058	$ 2.6058
Cash proceeds from issuance of warrants			10,732,800
Fair value of warrants issued	1,917,122		1,917,122
Cash issuance costs			838,705
Net cash proceeds			9,894,095
Proceeds from issuance of common stock			$ 7,976,973

The cash inflow from the additional capital contribution to the entity.

The cash inflow from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt).