DERIVATIVE FINANCIAL INSTRUMENTS and FAIR VALUE MEASUREMENTS (Details Textual) - USD ($) |
Jun. 30, 2016 |
Jun. 30, 2015 |
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| Derivative Instruments And Hedging Activities [Line Items] | ||
| Class of Warrant or Right, Outstanding | 37,569,634 | |
| Share Price | $ 0.0187 | $ 0.0899 |
| Repricing option [Member] | ||
| Derivative Instruments And Hedging Activities [Line Items] | ||
| Convertible Debt | $ 1,554,819 | $ 335,000 |
| Variable conversion pricing [Member] | ||
| Derivative Instruments And Hedging Activities [Line Items] | ||
| Class of Warrant or Right, Outstanding | 3,000,000 | 3,000,000 |
| Convertible Debt | $ 87,500 |
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- References No definition available.
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- Definition Number of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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- Details
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