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EARNINGS PER SHARE (Detail Textuals) - Convertible Notes Payable - $ / shares
12 Months Ended
May 01, 2014
Jun. 30, 2016
Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Settlement of convertible notes in shares 1,400,000    
Call Options      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Number of shares received upon exercise of options 1,400,000    
Call options, strike price   $ 54.65  
Warrants      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Warrant's exercise price   $ 68.31  
Warrants, number of shares issued upon settlement     497,550