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

WARRANTS (Details)

v3.5.0.1
WARRANTS (Details) - $ / shares
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Number of Warrants, Outstanding and exercisable, Beginning balance 18,049,075 0 10,823,450
Number of Warrants, Issued 18,049,075 10,823,450 7,225,625
Number of Warrants, Issued, Exercised (148,787)    
Number of Warrants, Outstanding and exercisable, Ending balance 17,900,288 10,823,450 18,049,075
Weighted-Average Exercise Price, Outstanding and exercisable, Beginning balance $ 1.35 $ 0 $ 1.35
Weighted-Average Exercise Price, Issued 1.35 1.35 1.35
Weighted-Average Exercise Price, Exercised (0.80)    
Weighted-Average Exercise Price, Outstanding and exercisable, Ending balance $ 1.35 $ 1.35 $ 1.35