CONVERTIBLE NOTES (Details) - USD ($) |
Mar. 31, 2016 |
Jun. 30, 2015 |
Jun. 04, 2015 |
Aug. 06, 2014 |
Jun. 30, 2014 |
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Debt Instrument [Line Items] | |||||
Convertible notes and debenture | $ 4,350,000 | ||||
Unamortized discounts | $ (20,000) | $ (25,000) | |||
Convertible Notes Payable [Member] | |||||
Debt Instrument [Line Items] | |||||
Convertible notes and debenture | 3,352,199 | $ 1,455,000 | $ 366,296 | ||
Unamortized discounts | (2,770,210) | (415,467) | (121,059) | ||
Accrued interest | 65,281 | 26,989 | 0 | ||
Premium, net | 351,819 | 727,853 | 27,187 | ||
Convertible notes, net | $ 999,089 | $ 1,794,375 | $ 272,424 |
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after accumulated amortization, of debt premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of accrued but unpaid interest on deposit liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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