v2.4.1.9

PREPAID EXPENSES

9 Months Ended

Mar. 31, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses Disclosure [Text Block]

7. PREPAID EXPENSES

Prepaid expenses are as follows:

		March 31,			June 30,
		2015			2014
Consultant fees (See note 9)		$	825,378		$	468,000
Legal fees			-			24,802
Other			182,118			4,727
Total			1,007,496			497,529
Less current portion			622,827			216,729
Total noncurrent portion		$	384,669		$	280,800

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The entire disclosure for prepaid expenses.

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