ACCRUED LIABILITIES

9 Months Ended

Mar. 31, 2015

Accrued Liabilities [Abstract]

ACCRUED LIABILITIES

Accrued liabilities consist of the following as of:

	March 31, 2015 (unaudited)		June 30, 2014
Accrued stock-based compensation	$	998,885	$	1,122,188
Accrued compensation		333,018		352,764
Accrued other liabilities		226,287		171,930
Accrued dividends		153,260		154,473
	$	1,711,450	$	1,801,355