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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES    
Net Income (Loss) $ (834,708) $ (5,454,909)
Adjustments to reconcile net loss to cash from operating activities:    
Depreciation and amortization 35,001 42,608
Share-based compensation - Common Stock 158,537 516,485
Share-based compensation - warrants 452,960 1,275,119
Common stock issued for services and rent 208,959 129,259
Common stock issued as incentive with Convertible debt 0 10,261
Common stock issued for preferred dividends 11,981 12,923
Common stock issued to extend the maturity dates on debt 0 15,750
Closing fees 15,000 0
Amortization of debt discount and issuance costs 22,527 624,798
(Gain)/Loss on extinguishment of debt (143,344) 28,517
Derivative Expense 0 59,745
Gain (loss) on derivative (4,374,585) 753,138
Licensing Revenue paid for with AFS Securities (1,800,000) 0
Changes in Operating Assets and Liabilities:    
Accounts receivable, net (3,515) (38,379)
Loss on Available for Sale Securities 1,770,000 0
Other assets 1,675,938 (10,489)
Deposits 0 (15,250)
Accounts payable and accrued expenses 320,304 1,109,130
Accrued interest (7,564) 46,491
Deferred revenue 301,805 2,500
Accrued consulting services - related party 1,891 (156,441)
Net Cash Used in Operating Activities (2,188,813) (982,363)
INVESTING ACTIVITIES    
Purchase of property and equipment (24,825) (93,401)
Net Cash Used in Investing Activities (24,825) (93,401)
FINANCING ACTIVITIES    
Offering costs for Common shares sold (104,910) 0
Common Stock issued for cash 0 1,058,975
A-1 Preferred Stock issued for cash 439,000 50,000
Proceeds from convertible notes payable 585,000 527,000
Repayments of convertible notes payable (17,500) (9,000)
Repayments of notes payable 0 (35,000)
Lease Payable (19,978) (13,675)
Net Cash Provided by Financing Activities 881,612 1,578,300
NET INCREASE (DECREASE) IN CASH (1,332,027) 502,536
CASH AT BEGINNING OF PERIOD 2,185,702 77,876
CASH AT END OF PERIOD 853,675 580,412
CASH PAID FOR:    
Interest 0 918
NON CASH FINANCING ACTIVITIES:    
Conversion of Notes and Interest into common stock 783,606 585,496
Conversion of warrants for common stock 0 10,000
Conversion of preferred stock for common stock 50 0
Common Stock and warrants issued for interest 0 527,000
Derivative Liability 8,443,357 1,199,245
Original Issue Discount 100,000 0
Initial Derivative Liability 0 1,277,479
Conversion of Derivative Liability 0 (78,230)
Finder's Fee $ 35,000 $ 0