Quarterly report pursuant to Section 13 or 15(d)

WARRANTS (Details 2)

v3.5.0.2
WARRANTS (Details 2) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2015
Dec. 31, 2015
Class of Warrant or Right, Outstanding 17,900,288 18,049,075 10,823,450 10,823,450
Derivative Liability, Fair Value, Gross Liability $ 5,135,990 $ 6,067,869 $ 8,382,648 $ 8,382,648
Fair value of warrants exercised $ (43,562) $ (60,966)    
Number of warrants exercised (262,045) (148,787)    
Change in fair value of warrant derivative liability $ 391,059 $ (870,913) $ (917,749) $ (7,419,643)
Class of Warrant or Right, Outstanding 17,638,243 17,900,288   18,049,075
Derivative Liability, Fair Value, Gross Liability $ 5,527,049 $ 5,135,990   $ 6,067,869
Warrants Issued In April 21, 2015 Financing [Member]        
Class of Warrant or Right, Outstanding     3,426,500 3,426,500
Derivative Liability, Fair Value, Gross Liability     $ 2,588,722 $ 2,588,722
Warrants Issued In May 27, 2015 Financing [Member]        
Class of Warrant or Right, Outstanding     1,560,625 1,560,625
Derivative Liability, Fair Value, Gross Liability     $ 1,025,173 $ 1,025,173
Warrants Issued In June 30, 2015 Financing [Member]        
Class of Warrant or Right, Outstanding     2,238,500 2,238,500
Derivative Liability, Fair Value, Gross Liability     $ 1,490,969 $ 1,490,969