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WARRANTS - Summary of warrant activity (Details 1) - Warrants - shares
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Class Of Warrant Or Right [Roll Forward]      
Outstanding at June 30 4,309,000 4,309,000 7,361,708
Issued 23,978
Exercised (1,887,325) (2,090,226)
Expired (962,482)
Outstanding at June 30 2,445,653 4,309,000 4,309,000