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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Sep. 30, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
There were no stock options issued during the three months ended September 30, 2016. A summary of stock option activity is presented in the table below:
 
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
Weighted-
 
average
 
 
 
 
 
 
 
 
 
average
 
Remaining
 
Aggregate
 
 
 
Number of
 
Exercise
 
Contractual
 
Intrinsic
 
 
 
Shares
 
Price
 
Term (years)
 
Value
 
Outstanding at June 30, 2016
 
 
916,666
 
$
0.23
 
 
0.6
 
$
-
 
Granted
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Expired/Forfeited
 
 
(333,333)
 
 
-
 
 
-
 
 
-
 
Outstanding at September 30, 2016
 
 
583,333
 
$
0.26
 
 
0.7
 
$
-
 
Exercisable at September 30, 2016
 
 
583,333
 
$
0.26
 
 
0.7
 
$
-