PREPAID EXPENSES

9 Months Ended

Mar. 31, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses Disclosure [Text Block]

7. PREPAID EXPENSES

Prepaid expenses are as follows:

	March 31,		June 30,
	2015		2014
Consultant fees (See note 9)	$	825,378	$	468,000
Legal fees		-		24,802
Other		182,118		4,727
Total		1,007,496		497,529
Less current portion		622,827		216,729
Total noncurrent portion	$	384,669	$	280,800