General form of registration statement for all companies including face-amount certificate companies

DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 1)

v3.3.1.900
DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 1) - USD ($)
Dec. 31, 2015
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Derivative [Line Items]        
Embedded conversion option liabilities $ 2,511,405 $ 780,281    
Fair value of liability for warrant derivative instruments 82,086 269,648 $ 158,244  
Total 2,593,491 1,049,929 158,244 $ 0
Fair Value, Inputs, Level 1 [Member]        
Derivative [Line Items]        
Embedded conversion option liabilities 0 0    
Fair value of liability for warrant derivative instruments 0 0 0  
Total 0 0    
Fair Value, Inputs, Level 2 [Member]        
Derivative [Line Items]        
Embedded conversion option liabilities 0 0    
Fair value of liability for warrant derivative instruments 0 0 0  
Total 0 0    
Fair Value, Inputs, Level 3 [Member]        
Derivative [Line Items]        
Embedded conversion option liabilities 2,511,405 780,281    
Fair value of liability for warrant derivative instruments 82,086 269,648 $ 158,244  
Total $ 2,593,491 $ 1,049,929