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STOCK OPTIONS, NARRATIVE (Details) (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jul. 25, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares of common stock added to stock option plan     2,000,000
Options available for future grants 1,773,308    
Unrecognized compensation costs related to stock options granted $ 1,235,324    
Weighted average period over which costs is expected to be recognized 2 years 8 months 16 days    
Stock-based compensation expense 583,069 480,623  
Cash received from stock option exercises $ 0 $ 0  
Per share weighted average fair value of the stock options granted $ 1.67 $ 1.99  
Shares granted at price equal to or greater than the market value of the common stock on the date of grant 430,000 480,000  
Weighted average exercise price of share granted in period $ 5.29 $ 6.24  
Minimum [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Option vesting period 3 years    
Option term 5 years    
Maximum [Member]
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Option vesting period 5 years    
Option term 10 years