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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Numerator:        
Net loss (income) $ (5,727,130) $ (739,183) $ (16,451,536) $ 12,894,640
Denominator:        
Weighted average common shares outstanding - Basic 207,016,304 197,485,758 206,148,695 197,277,286
Effect of dilutive shares:        
Common stock equivalents arising from stock options, warrants and conversion of preferred stock 0 0 0 3,610,611
Restriced stock units 0 0 0 1,825,066
Weighted average common shares outstanding - Diluted 207,016,304 197,485,758 206,148,695 202,712,963
Net (loss) income per common share:        
Basic $ (0.03) $ (0.00) $ (0.08) $ 0.07
Diluted $ (0.03) $ (0.00) $ (0.08) $ 0.06