SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2014

Summary Of Significant Accounting Policies Tables

Schedule of earnings per share

	Three Months Ended December 31,					Six Months Ended December 31,
	2014		2013			2014		2013
Numerator:
Net income (loss)	$	2,776,788	$	(3,606,461	)	$	3,571,462	$	(8,095,643	)
Denominator:
Weighted average common shares outstanding - Basic		109,314,460		106,668,186			108,134,179		106,638,953
Effect of dilutive shares:
Common stock equivalents arising from stock options and warrants		346,867		-			560,572		-
Restriced stock units		154,391		-			193,562		-
Weighted average common shares outstanding - Diluted		109,815,718		106,668,186			108,888,313		106,638,953
Net income (loss) per common share:
Basic	$	0.03	$	(0.03	)	$	0.03	$	(0.08	)
Diluted	$	0.03	$	(0.03	)	$	0.03	$	(0.08	)