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Statements of Operations - USD ($)
 3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
OPERATING EXPENSES        
Research and development $ 1,261,000 $ 1,152,501 $ 2,713,137 $ 2,359,573
General and administrative 1,036,618 937,800 2,024,930 1,955,779
Total operating expenses 2,297,618 2,090,301 4,738,067 4,315,352
LOSS FROM OPERATIONS (2,297,618) (2,090,301) (4,738,067) (4,315,352)
OTHER INCOME (EXPENSE):        
Interest income (expense) 11,734 (4,562) 25,911 4,261
Interest expense on convertible debentures (245,000) (245,000) (490,000) (490,000)
Discount on convertible debentures (423,287) (349,962) (826,749) (683,670)
Change in fair value of derivatives 1,407,771 (85,467) 1,421,062 1,402,515
Other (expense) income 751,218 (684,991) 130,224 233,106
LOSS BEFORE INCOME TAX PROVISION (1,546,400) (2,775,292) (4,607,843) (4,082,246)
INCOME TAX PROVISION 0 0 0 0
NET LOSS $ (1,546,400) $ (2,775,292) $ (4,607,843) $ (4,082,246)
NET LOSS PER COMMON SHARE        
- Basic (in dollars per share) $ (0.03) $ (0.05) $ (0.08) $ (0.07)
- Diluted (in dollars per share) $ (0.03) $ (0.05) $ (0.08) $ (0.07)
Weighted average common shares outstanding        
- Basic (in shares) 58,205,494 57,588,081 58,192,721 57,431,198
- Diluted (in shares) 58,205,494 57,588,081 58,192,721 57,431,198