ACCOUNTING POLICIES (Detail Textuals 4)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of EPS			(45,333)
Stock purchase warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares or warrants assumed to calculate weighted average common shares outstanding		825,673
Antidilutive securities excluded from calculation of EPS	(4,309,000)	(5,212,955)	(8,045,619)
Conversion of preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of EPS	(85,936)	(85,847)	(4,430)
Conversion of cumulative preferred dividends
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of EPS	(12,261)	(11,596)	(10,932)