ACCRUED LIABILITIES

3 Months Ended

Sep. 30, 2014

Accrued Liabilities [Abstract]

ACCRUED LIABILITIES

 Accrued liabilities consist of the following as of:

	September 30, 2014 (unaudited)		June 30, 2014
Accrued stock-based compensation	$	820,912	$	1,122,188
Accrued compensation		412,515		352,764
Accrued other liabilities		178,916		171,930
Accrued dividends		154,473		154,473
	$	1,566,816	$	1,801,355