Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details 1)

v3.5.0.2
Income Taxes (Details 1) - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Deferred tax assets    
Net operating loss carryforward $ 10,602,681 $ 5,170,221
Start-up and organizational expenses 577,110 614,059
Stock-based compensation 4,395,306 3,080,604
Other 265,809 412,783
Total deferred tax assets 15,840,906 9,277,667
Deferred tax liabilities    
Fixed Assets 1,072,872 83,360
Federal Beneft for state deferred taxex 601,808 432,905
Total deferred tax liabilities 1,674,680 516,265
Valuation allowance (14,166,226) (8,761,402)
Net deferred taxes $ 0 $ 0