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WARRANTS (Detail Textuals 1) - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Mar. 17, 2011
Class of Warrant or Right [Line Items]        
Exercise price per share $ 2.6058 $ 2.6058    
Warrant liabilities $ 978,353 $ 585,209 $ 650,638  
Placement Agent        
Class of Warrant or Right [Line Items]        
Warrants issued     13,216  
Exercise price per share     $ 1.13  
Warrants | Private Placement Offering 2011        
Class of Warrant or Right [Line Items]        
Warrants issued       3,900,000
Exercise price per share       $ 2.6058
Number of warrants exercisable       4,264,000
Warrants | Private Placement Offering 2011 | Placement Agent        
Class of Warrant or Right [Line Items]        
Warrants issued       364,000
Exercise price per share       $ 2.6058