Stock Transactions (Tables)
 12 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Schedule of Restricted Stock Units Award Activity

The following summarizes our restricted stock unit activity for the above restricted stock issuance:

 

 
 
 
 
 		  
 
 
 
 		  
 
 
Number of
Units		  
 
 
 
 		  
 
 
 
 		 Weighted
Average
Grant
Date Fair
Value		  
 
 
 
 
             
Total awards outstanding at June 30, 2015     -     $ -  
Total units vested     -          
Total units non-vested     1,066,667     $ 1.4  
Total shares outstanding at June 30, 2016     1,066,667     $ 1.4  
Schedule of vesting outstanding restricted stock units

Scheduled vesting for outstanding restricted stock units at June 30, 2016 is as follows:

 

    Year Ending June 30,  
    2017     2018     2019     Total  
Scheduled vesting—restricted stock units     533,333       533,334       -       1,066,667