ACCRUED LIABILITIES

6 Months Ended

Dec. 31, 2015

Accrued Liabilities [Abstract]

ACCRUED LIABILITIES

 Accrued liabilities consist of the following as of:

	December 31, 2015 (unaudited)		June 30, 2015
Accrued stock-based compensation	$	719,637	$	1,665,731
Accrued dividends		488,836		124,176
Accrued compensation		397,561		506,064
Accrued other liabilities		223,868		225,140
	$	1,829,902	$	2,521,111