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

DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 1)

v3.5.0.2
DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details 1) - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Derivative [Line Items]        
Embedded conversion option liability $ 3,659,506 $ 780,281    
Fair value of liability for warrant derivative instruments 80,630 269,648 $ 158,244  
Total 3,740,136 1,049,929 158,244 $ 0
Fair Value, Inputs, Level 1 [Member]        
Derivative [Line Items]        
Embedded conversion option liability 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 liability 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 liability 3,659,506 780,281    
Fair value of liability for warrant derivative instruments 80,630 269,648 $ 158,244  
Total $ 3,740,136 $ 1,049,929