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INCOME TAXES (Details Textual) (USD $)
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12 Months Ended | |
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Jun. 30, 2014
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Jun. 30, 2013
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| Operating Income Loss | $ (761,221) | $ (1,361,900) |
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Research Tax Credit Carryforward [Member]
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| Tax Credit Carryforward, Amount | 1,399,918 | |
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Australian Taxation Office [Member]
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| Operating Income Loss | $ 10,586,000 | |
| X | ||||||||||
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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| X | ||||||||||
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- Definition
The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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