Transition report pursuant to Rule 13a-10 or 15d-10

WARRANTS (Details 2)

v3.5.0.1
WARRANTS (Details 2) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Class of Warrant or Right, Outstanding 17,900,288       17,900,288    
Fair value of warrants exercised $ (60,966)            
Change in fair value of warrant derivative liability (870,913) $ 6,387,473 $ (7,419,643) $ 0 $ (7,742,555) $ (484,124) $ 6,387,473
Derivative Liability $ 5,135,990 $ 8,382,648 $ 6,067,869 $ 0 $ 5,135,990 $ 6,067,869 $ 8,382,648
Warrants Issued In February 26, 2015 Financing [Member]              
Class of Warrant or Right, Outstanding   8,509,325         8,509,325
Derivative Liability, Fair Value, Gross Liability   $ 550,374         $ 550,374
Warrants Issued In March 27, 2015 Financing [Member]              
Class of Warrant or Right, Outstanding   1,333,750         1,333,750
Derivative Liability, Fair Value, Gross Liability   $ 1,036,325         $ 1,036,325
Warrants Issued In March 31, 2015 Financing [Member]              
Class of Warrant or Right, Outstanding   980,375         980,375
Derivative Liability, Fair Value, Gross Liability   $ 759,290         $ 759,290
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