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Stock Options and Warrants (Tables)
 12 Months Ended
Jun. 30, 2016
Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table presents the activity of stock options issued for the period ended June 30, 2016 as follows:
 
Stock Options
 
Number of
Shares
 
Weighted
Average
Exercise 
Price
per share ($)
 
Weighted
Average
Remaining
Contractual
Term (years)
 
Aggregate  
Intrinsic  
Value ($)
 
Outstanding and exercisable at June 30, 2013
 
 
535,715
 
$
0.35
 
 
2.23
 
$
1,521,429
 
Granted
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Expired
 
 
-
 
 
-
 
 
-
 
 
-
 
Canceled
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding at June 30, 2014
 
 
535,715
 
$
0.35
 
 
1.23
 
$
2,094,643
 
Granted
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Expired
 
 
-
 
 
-
 
 
-
 
 
-
 
Canceled
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding at June 30, 2015
 
 
535,715
 
$
0.35
 
 
0.23
 
$
749,997
 
Granted
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
428,573
 
 
-
 
 
-
 
 
364,287
 
Expired
 
 
107,142
 
 
-
 
 
-
 
 
-
 
Canceled
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding at June 30, 2016
 
 
-
 
 
-
 
 
-
 
 
-
 
Stock Warrants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
For the years ended June 30, 2016, 2015 and 2014 there was no compensation expense recorded. As of June 30, 2016 there was no unrecognized compensation cost. 
Stock Warrants
 
Number of 
Shares
 
Weighted  
Average 
Exercise 
Price  
per share ($)
 
Weighted  
Average  
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic
Value ($)
 
Outstanding at June 30, 2013
 
 
3,400,559
 
$
4.025
 
 
0.86
 
$
134,559
 
Granted
 
 
5,629,152
 
 
5.63
 
 
4.37
 
 
-
 
Exercised
 
 
142,500
 
 
3.50
 
 
-
 
 
-
 
Expired
 
 
-
 
 
-
 
 
-
 
 
-
 
Canceled
 
 
-
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding and exercisable at June 30, 2014
 
 
8,887,211
 
$
5.01
 
 
2.78
 
$
2,278,458
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
 
 
68,592
 
 
3.63
 
 
-
 
 
-
 
Exercised
 
 
1,926,656
 
 
3.50
 
 
-
 
 
-
 
Expired
 
 
1,052,472
 
 
3.50
 
 
-
 
 
-
 
Canceled
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding and exercisable at June 30, 2015
 
 
5,976,675
 
$
5.14
 
 
3.20
 
$
19,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
 
 
640,025
 
 
3.31
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
Expired
 
 
-
 
 
-
 
 
-
 
 
-
 
Canceled
 
 
-
 
 
-
 
 
-
 
 
-
 
Outstanding and exercisable at June 30, 2016
 
 
6,616,700
 
$
4.96
 
 
2.55
 
$
4,459