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STOCK OPTIONS (Details 1) - 2007 Employee Plan [Member] - USD ($) $ / shares in Units, $ in Thousands | 9 Months Ended
--- | ---
Mar. 31, 2016 | Mar. 31, 2015
Outstanding at beginning of period | 130,000 | 130,000
Granted, Options | 40,000 |
Exercised, Options |  |
Forfeited or expired, Options | (80,000) |
Options outstanding | 90,000 | 130,000
Exercisable at end of period | 51,250 | 112,500
Outstanding at beginning of period, Weighted- Average Exercise Price | $ 3.93 | $ 3.93
Granted, Weighted- Average Exercise Price | $ 3.26 |
Exercised, Weighted- Average Exercise Price |  |
Forfeited or expired, Weighted- Average Exercise Price | $ (4.35) |
Outstanding at end of period, Weighted- Average Exercise Price | 3.26 | $ 3.93
Exercisable at end of period, Weighted- Average Exercise Price | $ 3.28 | $ 4.06
Outstanding at beginning of period, Weighted - Average Remaining Contractual Term (Years) | 1 year 6 months 25 days | 2 years 6 months 25 days
Granted, Weighted - Average Remaining Contractual Term (Years) | 4 years 11 months 19 days |
Outstanding at end of period, Weighted - Average Remaining Contractual Term (Years) | 3 years 8 months 1 day | 1 year 9 months 25 days
Exercisable at end of period, Weighted - Average Remaining Contractual Term (Years) | 3 years 8 months 1 day | 1 year 6 months 11 days
Outstanding at beginning of period |  | $ 13
Granted, Aggregate Intrinsic Value | $ 4 |
Exercised, Aggregate Intrinsic Value |  |
Forfeited or expired, Aggregate Intrinsic Value |  |
Outstanding at end of period |  |
Exercisable at end of period, Aggregate Intrinsic Value |  |

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- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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