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Summary of Significant Accounting Policies (Details 1) - USD ($) | 12 Months Ended
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Jun. 30, 2016 | Jun. 30, 2015
Fair Value Inputs, Liabilities, Quantitative Information [Line Items] |  |
Value of converted warrant instruments transferred to additional paid-in-capital |  | $ (15,295,841)
Significant Unobservable Inputs (Level 3) [Member] |  |
Fair Value Inputs, Liabilities, Quantitative Information [Line Items] |  |
Beginning balance | 14,001,369 | 25,586,933
Change in fair value of derivative liabilities included in net loss for the years ended June 30, 2016 and June 30, 2015 | (13,108,866) | 3,710,277
Value of converted warrant instruments transferred to additional paid-in-capital |  | (15,295,841)
Ending balance | $ 892,503 | $ 14,001,369

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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Amount of increase (decrease) in fair value adjustment on other assets (liabilities) carried at fair value under the fair value option on the statement of cash flows of Federal Home Loan Banks (FHLBanks). + References No definition available. + Details
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