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ACCRUED LIABILITIES (Details) - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Payables and Accruals [Abstract]    
Accrued stock-based compensation $ 1,665,731 $ 1,122,188
Accrued compensation 506,064 352,764
Accrued other liabilities 225,140 171,930
Accrued dividends 124,176 154,473
Accrued liabilities $ 2,521,111 $ 1,801,355