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Equity Transactions (Tables)
 6 Months Ended
Dec. 31, 2016
Schedule of Stockholders Equity [Table Text Block]
The Company estimated the fair value of the warrants granted to the Scientific Advisory Board on the date of grant using the Black-Scholes Option-Pricing Model with the following weighted-average assumptions:
 
Expected life (year)
 
 
4
 
 
 
 
 
 
Expected volatility
 
 
57.36
%
 
 
 
 
 
Expected annual rate of quarterly dividends
 
 
0.00
%
 
 
 
 
 
Risk-free rate(s)
 
 
1.48
%
Series A Preferred Stock [Member]  
Schedule Of Fair Value Of Stock Classified By Issuance Date [Table Text Block]
The fair value of the Series A Preferred stock was the following for the dates indicated:
 
Date
 
Shares
 
 
Value
 
7/31/2016
 
 
2,572
 
 
$
11,439
 
8/31/2016
 
 
2,572
 
 
 
11,978
 
9/30/2016
 
 
2,572
 
 
 
10,847
 
10/31/2016
 
 
2,572
 
 
 
9,591
 
11/30/2016
 
 
2,572
 
 
 
7,631
 
12/31/2016
 
 
2,572
 
 
 
6,583
 
 
 
 
 
 
 
 
 
 
 
 
 
15,432
 
 
$
58,069