FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2015

Fair value of restricted stock units granted, amortized over 24 month vesting period

Schedule of assets at fair value

	Carrying Value		Quoted prices in active markets (Level 1)		Other quoted/observable inputs (Level 2)		Significant unobservable inputs (Level 3)
September 30, 2015:
Money Market Account	$	47,363,849	$	47,363,849	$	-	$	-
June 30, 2015:
Money Market Account	$	26,946,378	$	26,946,378	$	-	$	-