ACCRUED LIABILITIES (Tables)

9 Months Ended

Mar. 31, 2014

Accrued Liabilities [Abstract]

Accrued liabilities

	March 31, 2014 (unaudited)		June 30, 2013
Accrued stock-based compensation	$	815,371	$	497,012
Accrued compensation		272,871		295,377
Accrued other liabilities		159,730		176,892
Accrued dividends		154,473		123,578
Accrued interest		-		4,123
	$	1,402,445	$	1,096,982