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Stock Options and Warrants (Tables)
9 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Warrant activity
 

Common Shares

Covered by Warrants

  Weighted Average Exercise Price   Weighted Average Remaining Term (Years)   Aggregate Intrinsic Value
                 
Outstanding at February 7, 2014 416,712   $ 3.153   2.018    
  Granted 590,300     0.500   3.000    
Outstanding at March 31, 2014 1,007,012   $ 1.598   2.461   $ 1,416,720
Exercisable at March 31, 2014 1,007,012   $ 1.598   2.461   $ 1,416,720