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Summary of Significant Accounting Policies (Details 1) - USD ($)
12 Months Ended
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