INCOME TAX (Tables)

6 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Summary of Operating Loss Carryforwards [Table Text Block]

As of December 31, 2015, there is no provision for income taxes, current or deferred.

	December 31, 2015
Net operating losses	$	1,602,633
Valuation allowance		(1,602,633)
	$	-

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the Company’s effective tax rate as a percentage of income before taxes and federal statutory rate for the three months ended December 31, 2015 is summarized below:

Federal statutory rate	(34.0)	%
State income taxes, net of federal	0.0
Valuation allowance	34.0
	0.0	%