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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Mar. 31, 2019
Fair value of restricted stock units granted, amortized over 24 month vesting period  
Schedule of assets at fair value
    Carrying Value    

Quoted prices in active markets

(Level 1)

   

Other quoted/observable inputs

(Level 2)

   

Significant unobservable inputs

(Level 3)

 
March 31, 2019:                        
Money market account   $ 19,645,741     $ 19,645,741     $ -     $ -  
June 30, 2018:                                
Money market account   $ 37,808,099     $ 37,808,099     $ -     $ -