ACCRUED LIABILITIES (Tables)

12 Months Ended

Jun. 30, 2014

Payables and Accruals [Abstract]

Accrued liabilities

	2014		2013
Accrued stock-based compensation	$	1,122,188	$	497,012
Accrued compensation		352,764		295,377
Accrued other liabilities		171,930		176,892
Accrued dividends		154,473		123,578
Accrued interest		-		4,123
	$	1,801,355	$	1,096,982