PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)		Sep. 30, 2015	Jun. 30, 2015
Consultant fees	[1]	$ 1,129,556	$ 1,375,681
Advance to employees		215,016	166,772
Insurance		16,625	77,584
Other		77,744	81,923
Total		1,438,941	1,701,960
Less current portion		1,293,885	1,265,609
Total noncurrent portion		$ 145,056	$ 436,351

[1] The Company entered into management consulting and advisory services agreements with two consultants on June 6, 2014, pursuant to which the consultants will assist the Company in, among other things, financial and tax due diligence, business evaluation and integration, development of pro forma financial statements. In return for their services, as approved by the Company’s Board of Directors, a total of 600,000 shares of the Company’s common stock will be issued to these two consultants. During June 2014, a total of 200,000 shares of the Company’s common stock were issued to the consultants as a prepayment for their services. The value of their consulting services was determined using the fair value of the Company’s common stock of $2.34 per share when the shares were issued to the consultants. The remaining 400,000 shares of the Company's common stock were then issued to the consultants on August 29, 2014 at $1.68 per share. Their service agreements are for the period July 1, 2014 to December 31, 2016. The related consulting fees have been and are ratably charged to expense over the term of the agreements.