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Stock Options and Warrants (Tables)
12 Months Ended
Jun. 30, 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 1,482,852   $ 1.088   1.863        
Granted 590,300     0.500            
    Expired (77,553 )    1.600            
Outstanding at June 30, 2014 1,995,599   $ 0.894   1.879   $      1,907,927  
Exercisable at June 30, 2014 1,995,599   $ 0.894   1.879   $      1,907,927