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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following table shows the number of potentially outstanding dilutive common shares excluded from the diluted net loss per common share calculation, as they were anti-dilutive:
  
 
 
Potentially Outstanding Dilutive Common Shares
 
 
 
For the
 
 
For the
 
 
 
Three Months
 
 
Three Months
 
 
 
Ended
 
 
Ended
 
 
 
September 30, 2017
 
 
September 30, 2016
 
 
 
 
 
 
 
 
Warrants
 
 
6,685,292
 
 
 
6,633,848
 
 
 
 
 
 
 
 
 
 
Total potentially outstanding dilutive common shares
 
 
6,685,292
 
 
 
6,633,848
 
 
The following represents the basic and diluted per share calculations for loss from continuing operations:
 
 
 
For the three months ended
 
 
 
September 30,
 
 
 
2017
 
 
2016
 
Calculation of basic and diluted loss per share of common stock:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to common stockholders
 
$
(2,005,555)
 
 
$
(3,061,444)
 
 
 
 
 
 
 
 
 
 
Denominator for basic and diluted weighted average shares of common stock
 
 
63,307,083
 
 
 
58,179,949
 
 
 
 
 
 
 
 
 
 
Basic and diluted loss per share of common stock
 
$
(0.03)
 
 
$
(0.05)