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Consolidated Statements of Cash Flows
12 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (4,522,067) $ (5,641,588)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 293,577 623,934
Impairment loss on property and equipment 1,684,562 1,750,000
Accrued interest on loan payable, deferred compensation and other 418,171 449,549
Stock-based compensation 370,661 1,142,556
Decrease (increase) in prepaid expenses 3,263 (1,497)
Decrease in deposits and other receivables 6,108
Decrease in accounts payable and accrued expenses (7,896) (163,738)
Increase in deferred compensation and convertible notes 853,600 1,030,784
Net cash used in operating activities (900,021) (810,000)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (5,179)
Net cash used by investing activities (5,179)
CASH FLOWS FROM FINANCING ACTIVITIES    
Decrease in subscription receivable 13,125 30,000
Proceeds from sale of common stock 26,250
Proceeds from sale of units 314,957 893,720
Proceeds from exercise of warrants 387,522 74,690
Commissions on sale of units (24,496) (61,522)
Proceeds from Collection of Notes Receivable 45,000
Net cash provided by financing activities 736,108 963,138
Net (decrease) increase in cash (169,092) 153,138
Cash at beginning of period 339,286 186,148
Cash at end of period 170,194 339,286
Supplemental disclosure of cash flow information:    
Cash paid for interest
Non-cash investing and financing transactions:    
Issuance of common stock to satisfy deferred compensation 286,093 80,780
Exercise of warrants for promissory note receivable for shares 105,000
Cancellation of shares and related promissory note receivable (60,000)
Conversion of debt to equity 112,379
Common Stock, Share Subscribed but Unissued, Subscriptions Receivable $ 7,500 $ 13,125