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Derivative Liabilities (Details) - Initial Valuation [Member] - $ / shares | 12 Months Ended
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Jun. 30, 2016 | Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Common stock issuable upon exercise of warrants |  | 2,574,570 | 2,574,570
Market value of common stock on measurement date | [1] | $ 2.28 | $ 10.15
Risk free interest rate | [2] | 0.71% | 1.60%
Expected life in years |  | 2 years 11 months 12 days | 3 years 10 months 24 days
Expected volatility | [3] | 75.00% | 70.00%
Expected dividend yields | [4] |  |
Maximum [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Exercise price |  | $ 11.25 | $ 11.25
Minimum [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Exercise price |  | $ 7.50 | $ 7.50
[1] | Quoted market value of the common stock, reflects a one-for-five reverse stock split.
[2] | The risk-free interest rate was determined by management using the applicable Treasury Bill interest rate as of the measurement date, when applicable.
[3] | The historical trading volatility was determined by calculating the volatility of the Company's peer group.
[4] | The Company does not expect to pay a dividend in the foreseeable future.

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