Stock Options and Warrants (Tables)

12 Months Ended

Jun. 30, 2014

Stock Options and Warrants [Abstract]

Summary of the stock options granted to employees and others

			Weighted
	Number		Average
	of		Exercise
	Options		Price
Options outstanding at beginning of year		—	$	—
Changes during the year:
Granted		614,000	$	3.37
Cancelled/exercised		—
Options outstanding at end of year		614,000	$	3.37
Options exercisable at end of year		114,000	$	2.50
Weighted average fair value of options granted during the year			$	3.37

Summary of options outstanding

Exercise  prices		Number  Outstanding		Number  Exercisable		Weighted  Average  Remaining  Contractual  Life (Years)
	$ 2.50 – 4.00		614,000		114,000		4.50

Schedule of stock warrants outstanding

Date Issued	Expiration Date	Exercise Price		Number of Warrants
July 2013	July 2016	$	2.00		125,000
February 2014	February 2019	$	1.00		1,000,000
February 2014	February 2017	$	1.50		200,000
February 2014	February 2017	$	2.00		200,000