6. COMMON STOCK AND WARRANTS (Tables)

6 Months Ended

Dec. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Warrants to Purchase Common Shares		Weighted Average Exercise Price*
Outstanding at June 30, 2013		1,462,500	$	0.25
Issued March 2014		666,667		0.30
Issued June 2014		1,627,500		0.25
Exercised		-		-
Expired		-		-
Outstanding at June 30, and December 31, 2014		3,756,667	$	0.26

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

Warrants to Purchase Common Shares	Exercise Price*	Expiration Date
1,462,500	$ 0.25	March 1, 2015
666,667	0.30	March 4, 2017
1,627,500	0.25	November 1, 2016