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STOCK OPTIONS (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]        
Granted (in shares)     410,000 445,000
Weighted average exercise price of shares granted in period     $ 2.72 $ 3.19
Stock-based compensation expense $ 121,257 $ 156,010 $ 366,665 $ 474,501