STOCKHOLDERS' DEFICIT (Options to Purchase Common Stock and Stock Appreciation Rights) (Details) - USD ($)	12 Months Ended
Jun. 30, 2015	Jun. 30, 2014
STOCKHOLDERS' DEFICIT [Abstract]
Share-based compensation expense	$ 1,024,895	$ 1,682,833
Unrecognized compensation expense	$ 239,796

The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Name:	us-gaap_ShareBasedCompensation
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration