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SUMMARY OF ACCOUNTING POLICIES (Tables)
12 Months Ended
Jun. 30, 2014
Accounting Policies [Abstract]  
Schedule of Fair Value Assets and Liabilities
      Level 1       Level 2       Level 3       Total  
Assets                                
Securities -available for sale   $ 20,000       $     $ —       $ 20,000  
Liabilities                                
Derivative Financial Instruments   $ —       $ —       $ 659,934     $ 659,934