Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
OPERATING EXPENSES
Research and development	$ 1,067,495	$ 546,464	$ 3,427,068	$ 2,274,310
General and administrative	980,731	576,173	2,936,510	2,186,078
Total operating expenses	2,048,226	1,122,637	6,363,578	4,460,388
LOSS FROM OPERATIONS	(2,048,226)	(1,122,637)	(6,363,578)	(4,460,388)
OTHER INCOME (EXPENSE):
Interest (expense) income	39,116	35,009	43,378	(10,002)
Interest expense	(301,115)	(1,920,268)	(791,115)	(2,412,712)
Discount on convertible debentures	(362,993)	(297,276)	(1,046,663)	(860,454)
Change in fair value of derivatives	(2,318,453)	3,054,154	(915,938)	6,463,095
Other (expense) income	(2,943,445)	871,619	(2,710,338)	3,179,927
LOSS BEFORE INCOME TAX PROVISION	(4,991,671)	(251,018)	(9,073,916)	(1,280,461)
INCOME TAX PROVISION	0	0	0	0
NET LOSS	$ (4,991,671)	$ (251,018)	$ (9,073,916)	$ (1,280,461)
NET LOSS PER COMMON SHARE
Basic (in dollars per share)	$ (0.09)	$ (0.00)	$ (0.16)	$ (0.02)
Diluted (in dollars per share)	$ (0.09)	$ (0.02)	$ (0.16)	$ (0.07)
Weighted average common shares outstanding
Basic (in shares)	57,836,770	56,941,122	57,565,406	56,356,105
Diluted (in shares)	57,836,770	59,607,788	57,565,406	59,022,772