7. INVESTMENTS (Tables)

12 Months Ended

Jun. 30, 2017

Investments [Abstract]

Carrying value of available-for-sale investments

	June 30,			June 30,
	2017			2016
Cost	$	1,387,022		$	1,387,022
Matured investments		(1,124,999	)		-
Amortization of premium		(11,596	)		(4,522	)
Gross unrealized loss		(590	)		(1,944	)
Fair value	$	249,837		$	1,380,556