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COMMON STOCK, COMMON STOCK OPTIONS AND WARRANTS (Details Textuals 2) (USD $)
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 13, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted-average fair value of options granted $ 1.27    
Number of warrants called to purchase common stock   118,141 903,955
Exercise price of warrants called to purchase common stock   $ 1.13 $ 5.90
Incentive stock options | Mr. Herbert
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares authorized to be issued as stock award 55,555    
Exercise price per share of authorized shares $ 1.80    
Incentive stock options | Mr. DeMedio
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares authorized to be issued as stock award 33,333    
Exercise price per share of authorized shares $ 1.80    
Non qualified stock options | Mr. Herbert
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares authorized to be issued as stock award 150,000    
Exercise price per share of authorized shares $ 1.80    
Non qualified stock options | Mr. DeMedio
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares authorized to be issued as stock award 90,000    
Exercise price per share of authorized shares $ 1.80