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DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Sep. 30, 2014
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | The following tables summarize our financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2014:
|  |  |  |  | Quoted Prices |  | Significant |  |  |  |
|  | Balance at |  | in Active |  | Other |  | Significant |
|  | September 30, |  | Markets for |  | Observable |  | Unobservable |
|  | 2014 |  | Identical Assets |  | Inputs |  | Inputs |
|  |  |  |  | (Level 1) |  | (Level 2) |  | (Level 3) |
Embedded conversion option liability |  | $ | 23,622 |  | $ | — |  | $ | — |  | $ | 23,622 |
Fair value of liability for warrant derivative instruments |  | $ | 42,293 |  | $ | — |  | $ | — |  | $ | 42,293 |
Total |  | $ | 65,915 |  |  |  |  |  |  |  | $ | 65,915 |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | The following is a roll forward for the three months ended September 30, 2014 of the fair value liability of price adjustable derivative instruments:
|  | Fair Value of |
|  | Liability for |
|  | Derivative |
|  | Instruments |
Balance at June 30, 2014 |  | $ | 158,244 |
Effects of foreign currency exchange rate changes |  |  | (5,293) |
Initial fair value of embedded conversion option recorded as debt discount |  |  | 27,500 |
Initial fair value of embedded conversion option recorded as change in fair value of ECO |  |  | 23,935 |
Change in fair value included in statements of operations |  |  | (138,471) |
Balance at September 30, 2014 |  | $ | 65,915 |
Convertible Debt [Member] |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block] | Convertible Debt
|  | Initial Valuation August 6, 2014 |  |  | September 30, 2014 |
Volatility |  | 216 | % |  | 216 | %
Expected Remaining Term |  | 2 |  |  | 1.85 |
Risk Free Interest Rate |  | 0.5 | % |  | 0.6 | %
Expected dividend yield |  | none |  |  | none |
Warrant [Member] |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block] | Warrants
|  | Initial Valuation September 30, 2013 |  |  | September 30, 2014 |
Volatility |  |  | 53 | % |  |  | 216 | %
Expected Remaining Term |  |  | 5 |  |  |  | 4 |
Risk Free Interest Rate |  |  | 0.4 | % |  |  | 0.38 | %
Expected dividend yield |  |  | none |  |  |  | none |

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- Definition Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis. + 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 (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + 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=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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