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WARRANT LIABILITY (Detail Textuals) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 21, 2014
Oct. 28, 2014
Dec. 16, 2013
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Class of Warrant or Right [Line Items]            
Cashless exercise of warrant            
Gain (loss) on change in fair value of warrant liability       $ 515,543 $ (2,994,540) $ (1,663,316)
Crede CG III, Ltd | Warrants            
Class of Warrant or Right [Line Items]            
Fair value of warrants     $ 2,455,042      
Method used for determining allocated fair value of the Warrants     Binomial Lattice model      
Fair value of common stock     $ 10.80      
Dividend yield     0.00%      
Expected terms     4 years 6 months 18 days      
Risk free interest rate     1.55%      
Expected volatility     118.89%      
Expected price at which holders exercise warrants     $ 14.59      
Gain (loss) on change in fair value of warrant liability     $ (1,288,752)      
Crede CG III, Ltd | Series A Warrants            
Class of Warrant or Right [Line Items]            
Cashless exercise of warrant     178,253      
Crede CG III, Ltd | Series B Warrants            
Class of Warrant or Right [Line Items]            
Cashless exercise of warrant     116,667      
Crede CG III, Ltd | Series B Warrants | Warrant repurchase option agreement            
Class of Warrant or Right [Line Items]            
Cashless exercise of warrant   387,621        
Expected price at which holders exercise warrants   $ 10.55        
Percentage of option to purchase warrant 100.00%          
Aggregate purchase price of warrant exercise $ 4,091,000 $ 4,091,000        
Crede CG III, Ltd | Series B Warrants | Warrant repurchase option agreement | Minimum            
Class of Warrant or Right [Line Items]            
Percentage of option to purchase warrant   50.00%        
Crede CG III, Ltd | Series B Warrants | Warrant repurchase option agreement | Maximum            
Class of Warrant or Right [Line Items]            
Percentage of option to purchase warrant   100.00%