WARRANTS (Tables)

9 Months Ended

Mar. 31, 2016

Warrants

Fixed stock options and warrants outstanding and exercisable

		Warrants						Warrants
		Outstanding						Exercisable
		at March 31, 2016						at March 31, 2016
Range of exercise prices Warrants		Number outstanding at March 31, 2016		Weighted  average remaining contractual life (years)		Weighted average exercise price		Number exercisable at March 31, 2016		Weighted average exercise price
$	3.50 – 4.00		1,316,268		3.51	$	3.92		1,316,268	$	3.92
$	6.45 – 10.00		100,481		2.74	$	7.29		100,481	$	7.29
			1,416,749		3.46	$	4.16		1,416,749	$	4.16