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INCOME TAXES, EFFECTIVE TAX RATE RECONCILIATION (Details) - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Income Tax Disclosure [Abstract]    
Federal income tax expense at statutory rate $ 769,433 $ 169,996
State income tax expense (benefit), net of federal income tax benefit 91,660 (21,442)
Decrease in valuation allowance (370,000) 0
Stock-based compensation 447,180 53,596
Adjustments for unrecognized tax benefits 0 (175,000)
Other (64,235) (9,775)
Total income tax provision $ 874,038 $ 17,375