CONVERTIBLE NOTES PAYABLE AND DERIVATIVE LIABILITY (Details Narrative) |
3 Months Ended | 5 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Apr. 13, 2016
USD ($)
$ / shares
|
Feb. 18, 2016
USD ($)
$ / shares
|
Apr. 17, 2015
USD ($)
$ / shares
|
Feb. 24, 2015
USD ($)
$ / shares
|
Jan. 30, 2015
USD ($)
$ / shares
|
Jan. 29, 2015
USD ($)
$ / shares
|
Sep. 19, 2014
USD ($)
$ / shares
|
Jul. 21, 2014
USD ($)
$ / shares
|
Mar. 31, 2016
USD ($)
|
Mar. 31, 2015
USD ($)
$ / shares
|
Jul. 27, 2015
$ / shares
|
Jun. 30, 2016
USD ($)
$ / shares
|
Jun. 30, 2015
USD ($)
$ / shares
|
Sep. 30, 2015
$ / shares
|
Dec. 31, 2015
USD ($)
Number
$ / shares
|
Sep. 19, 2015
USD ($)
|
Aug. 20, 2015
USD ($)
|
Aug. 14, 2015
USD ($)
|
Feb. 27, 2015
USD ($)
|
|
| Percentage of lowest volume weighted average price of common stock | 51.00% | 51.00% | |||||||||||||||||
| Fair value derivative liability | $ 4,932,000 | $ 1,885,000 | |||||||||||||||||
| Share price (in dollars per share) | $ / shares | $ 0.0007 | $ 0.74 | |||||||||||||||||
| Director [Member] | |||||||||||||||||||
| Principal amount | $ 150,000 | ||||||||||||||||||
| Debt interest rate | 8.00% | ||||||||||||||||||
| Conversion price (in dollars per share) | $ / shares | $ 1.83 | ||||||||||||||||||
| Percentage of lowest volume weighted average price of common stock | 51.00% | ||||||||||||||||||
| Fair value derivative liability | $ 132,175 | ||||||||||||||||||
| Debt term | 3 years | ||||||||||||||||||
| Convertible Debentures [Member] | |||||||||||||||||||
| Maturity date | Mar. 27, 2016 | ||||||||||||||||||
| Fair value derivative liability | $ 4,082,000 | $ 1,885,000 | |||||||||||||||||
| Gain on derivative liability | $ 8,880,000 | $ 2,239,000 | |||||||||||||||||
| Warrant instrument grant agreement, description | The Modified Debentures also included a warrant instrument granting the Investor the right to purchase shares of common stock of the Company equal to the principal amount of the applicable Modified Debenture divided by a price equal to 120% of the last reported closing price of the common stock on the applicable closing date of the Modified Debenture, with a three year term. |
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| Convertible Debentures [Member] | Director [Member] | |||||||||||||||||||
| Principal amount | $ 100,000 | ||||||||||||||||||
| August 2015 Debentures [Member] | |||||||||||||||||||
| Description of conversion terms | All amounts are convertible at any time, in whole or in part, at the option of the holders into shares of the Company’s common stock at a conversion price. |
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| Description of conversion price terms | The conversion price is the lower of (a) $0.75, or (b) a 49% discount to the lowest daily VWAP (as reported by Bloomberg) of the Common Stock during the 30 trading days prior to the conversion date. The Fixed Conversion Price is subject to adjustment for stock splits, combinations or similar events. If the Company makes any subsequent equity sales (subject to certain exceptions), under which an effective price per share is lower than the Fixed Conversion Price, then the conversion price will be reset to equal such price. |
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| Percentage of lowest volume weighted average price of common stock | 51.00% | ||||||||||||||||||
| Fair value derivative liability | $ 11,205,000 | ||||||||||||||||||
| Debt term | 1 year | ||||||||||||||||||
| Valuation technique | Black Scholes pricing model |
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| August 2015 Debentures [Member] | Minimum [Member] | |||||||||||||||||||
| Share price (in dollars per share) | $ / shares | $ 0.05 | $ 0.03 | |||||||||||||||||
| Risk free interest rate | 0.12% | 0.20% | |||||||||||||||||
| Expected volatility | 106.38% | 193.00% | |||||||||||||||||
| Valuation technique | P2M26D | ||||||||||||||||||
| August 2015 Debentures [Member] | Maximum [Member] | |||||||||||||||||||
| Share price (in dollars per share) | $ / shares | $ 8.81 | $ 0.10 | |||||||||||||||||
| Risk free interest rate | 0.41% | 0.70% | |||||||||||||||||
| Expected volatility | 196.78% | 219.00% | |||||||||||||||||
| Valuation technique | P1Y14D | ||||||||||||||||||
| Securities Purchase Agreement [Member] | Convertible Debentures [Member] | Accredited Investor [Member] | |||||||||||||||||||
| Principal amount | $ 420,000 | ||||||||||||||||||
| Description of issue | Two tranches |
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| Debt interest rate | 10.00% | ||||||||||||||||||
| Conversion price (in dollars per share) | $ / shares | $ 0.75 | ||||||||||||||||||
| Percentage of lowest volume weighted average price of common stock | 40.00% | ||||||||||||||||||
| Debt term | 1 year | ||||||||||||||||||
| Securities Purchase Agreement [Member] | September 2014 Debentures [Member] | |||||||||||||||||||
| Principal amount | $ 2,500,000 | ||||||||||||||||||
| Description of issue | Two tranches. |
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| Debt interest rate | 5.00% | ||||||||||||||||||
| Maturity date | Sep. 19, 2015 | ||||||||||||||||||
| Description of conversion terms | All amounts are convertible at any time, in whole or in part, at the option of the holders into shares of the Company’s common stock at a conversion price. |
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| Conversion price (in dollars per share) | $ / shares | $ 11.75 | ||||||||||||||||||
| Description of conversion price terms | The Fixed Conversion Price is subject to adjustment for stock splits, combinations or similar events. If the Company makes any subsequent equity sales (subject to certain exceptions), under which an effective price per share is lower than the Fixed Conversion Price, then the conversion price will be reduced to equal such price. |
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| Percentage of lowest volume weighted average price of common stock | 70.00% | ||||||||||||||||||
| Securities Purchase Agreement [Member] | July 2014 Debentures [Member] | |||||||||||||||||||
| Principal amount | $ 3,500,000 | ||||||||||||||||||
| Description of issue | Five tranches. |
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| Debt interest rate | 10.00% | ||||||||||||||||||
| Maturity date | Jul. 21, 2015 | ||||||||||||||||||
| Description of conversion terms | All amounts are convertible at any time, in whole or in part, at the option of the holders into shares of the Company’s common stock at a conversion price. |
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| Conversion price (in dollars per share) | $ / shares | $ 11.75 | ||||||||||||||||||
| Description of conversion price terms | The Fixed Conversion Price is subject to adjustment for stock splits, combinations or similar events. If the Company makes any subsequent equity sales (subject to certain exceptions), under which an effective price per share is lower than the Fixed Conversion Price, then the conversion price will be reduced to equal such price. |
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| Percentage of lowest volume weighted average price of common stock | 70.00% | ||||||||||||||||||
| Securities Purchase Agreement [Member] | August 2015 Debentures [Member] | |||||||||||||||||||
| Principal amount | $ 650,000 | ||||||||||||||||||
| Securities Purchase Agreement [Member] | August 2015 Debentures [Member] | Accredited Investor [Member] | |||||||||||||||||||
| Principal amount | $ 895,000 | $ 2,434,143 | $ 200,000 | $ 1,500,000 | $ 3,979,877 | ||||||||||||||
| Debt interest rate | 10.00% | ||||||||||||||||||
| Number of payments made | Number | 11 | ||||||||||||||||||
| Purchase Agreement [Member] | Convertible Debentures [Member] | Accredited Investor [Member] | |||||||||||||||||||
| Principal amount | $ 225,000 | ||||||||||||||||||
| Debt interest rate | 5.00% | ||||||||||||||||||
| Maturity date | Jul. 13, 2016 | ||||||||||||||||||
| Conversion price (in dollars per share) | $ / shares | $ 0.75 | ||||||||||||||||||
| Purchase Agreement [Member] | Convertible Debentures [Member] | Accredited Investor [Member] | |||||||||||||||||||
| Principal amount | $ 1,800,000 | ||||||||||||||||||
| Description of issue | Seven Modified Closings |
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| Modified Debenture Agreement [Member] | September 2014 Debentures [Member] | |||||||||||||||||||
| Principal amount | $ 1,300,000 | $ 100,000 | $ 100,000 | ||||||||||||||||
| Conversion price (in dollars per share) | $ / shares | $ 0.88 | $ 5.00 | $ 5.00 | ||||||||||||||||
| Description of conversion price terms | This new fixed conversion price was a dilutive issuance to the outstanding July 2014 and September 2014 Debentures, thereby triggering a reset of the previous $5 fixed conversion price. |
This new fixed conversion price was a dilutive issuance to the outstanding July 2014 and September 2014 Debentures, thereby triggering a reset of the previous $5 fixed conversion price. |
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| Percentage of lowest volume weighted average price of common stock | 51.00% | 51.00% | 51.00% | ||||||||||||||||
| Modified Debenture Agreement [Member] | July 2014 Debentures [Member] | |||||||||||||||||||
| Conversion price (in dollars per share) | $ / shares | $ 0.88 | $ 1.83 | |||||||||||||||||
| Description of conversion price terms | This new fixed conversion price was a dilutive issuance to the outstanding July 2014 and September 2014 Debentures, thereby triggering a reset of the previous $1.83 fixed conversion price. |
This new fixed conversion price was a dilutive issuance to the outstanding July 2014 and September 2014 Debentures, thereby triggering a reset of the previous $5 fixed conversion price. |
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| Percentage of lowest volume weighted average price of common stock | 51.00% | 51.00% | |||||||||||||||||
| Fair value derivative liability | $ 3,287,000 | $ 2,720,000 | |||||||||||||||||
| Gain on derivative liability | $ 1,764,000 | ||||||||||||||||||
| Modified Debenture Agreement [Member] | Convertible Debentures [Member] | Director [Member] | |||||||||||||||||||
| Principal amount | $ 200,000 | ||||||||||||||||||
| Conversion price (in dollars per share) | $ / shares | $ 5.00 | ||||||||||||||||||
| Description of conversion price terms | New fixed conversion price was a dilutive issuance to the outstanding July 2014 and September 2014 Debentures, thereby triggering a reset of the older fixed conversion price. |
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| Percentage of lowest volume weighted average price of common stock | 51.00% | ||||||||||||||||||
| Fair value derivative liability | $ 2,690,000 | ||||||||||||||||||
| Gain on derivative liability | $ 1,072,000 | ||||||||||||||||||