Quarterly report pursuant to Section 13 or 15(d)

RELATED PARTY TRANSACTIONS (Details Narrative)

v3.7.0.1
RELATED PARTY TRANSACTIONS (Details Narrative)
 1 Months Ended 9 Months Ended 19 Months Ended
Mar. 21, 2017
USD ($)
Investor
Mar. 20, 2017
USD ($)
$ / shares
shares
Mar. 03, 2017
USD ($)
$ / shares
shares
Mar. 01, 2017
USD ($)
Feb. 10, 2017
USD ($)
Dec. 29, 2016
USD ($)
shares
Dec. 21, 2016
USD ($)
shares
Nov. 30, 2016
USD ($)
$ / shares
shares
Sep. 21, 2016
USD ($)
$ / shares
shares
Sep. 06, 2015
USD ($)
shares
Mar. 21, 2017
USD ($)
Investor
shares
Dec. 29, 2016
USD ($)
Nov. 30, 2016
USD ($)
$ / shares
shares
Jun. 30, 2017
USD ($)
$ / shares
shares
Jun. 30, 2016
USD ($)
 [1]
Feb. 28, 2017
USD ($)
Sep. 16, 2016
Investor
Aug. 16, 2016
USD ($)
Proceeds from issuance of private placement                           $ 2,981,300      
Number of shares converted | shares                           1,073,531        
Principal investment in convertible notes                           $ 5,300,000        
Interest                           $ 267,600        
Convertible Notes [Member]                                    
Aggregate principal amount                                   $ 6,000,000
Conversion price (in dollars per share) | $ / shares                 $ 5.00                  
Accrued interest                                   $ 317,000
Number of shares converted | shares                 1,263,406                  
Directors and Officer [Member] | Convertible Notes [Member]                                    
Aggregate principal amount                 $ 5,300,000                  
Four Accredited Investors [Member]                                    
Number of shares converted | shares                   42,084                
Principal investment in convertible notes                   $ 200,000                
Interest                   $ 10,400                
Four Accredited Investors [Member] | Private Placement [Member]                                    
Number of accredited investors | Investor 4                   4              
Number of common stock issued | shares             48,000       237,000              
Proceeds from issuance of private placement             $ 300,000       $ 1,481,300              
RSJ (Michal Votruba) [Member]                                    
Number of shares converted | shares [2]                           444,454        
Principal investment in convertible notes [2]                           $ 2,100,000        
Interest [2]                           $ 122,200        
RSJ (Michal Votruba) [Member] | Subscription Agreement [Member]                                    
Share price (in dollars per share) | $ / shares   $ 6.25                                
Number of common stock issued | shares   160,000                                
Proceeds from issuance of private placement   $ 1,000,000                                
John Pappajohn [Member]                                    
Number of accredited investors | Investor                                 4  
Number of shares converted | shares [3]                           290,498        
Principal investment in convertible notes [3]                           $ 1,600,000        
Interest [3]                           $ 52,500        
John Pappajohn [Member] | Private Placement [Member]                                    
Share price (in dollars per share) | $ / shares                           $ 6.25        
Number of common stock issued | shares           16,000         72,000   32,000 120,000        
Proceeds from issuance of private placement $ 250,000       $ 200,000 $ 100,000   $ 200,000     $ 450,000 $ 100,000 $ 200,000 $ 750,000        
Decision Calculus Associates (Jill Carpenter) [Member] | Marketing Services Consulting Agreement [Member]                                    
Marketing expense paid per month       $ 3,000                       $ 10,000    
Marketing expense paid                               $ 170,000    
Thomas Tierney (Tierney Family Trust) [Member]                                    
Number of shares converted | shares [4]                           137,328        
Principal investment in convertible notes [4]                           $ 640,000        
Interest [4]                           $ 46,600        
Thomas Tierney (Tierney Family Trust) [Member] | Private Placement [Member]                                    
Share price (in dollars per share) | $ / shares               $ 6.25         $ 6.25          
Number of common stock issued | shares               32,000         32,000          
Proceeds from issuance of private placement               $ 200,000         $ 200,000          
Mr. Robin L. Smith, M.D [Member]                                    
Number of shares converted | shares [5]                           20,776        
Principal investment in convertible notes [5]                           $ 100,000        
Interest [5]                           $ 3,900        
Mr. Robin L. Smith, M.D [Member] | Private Placement [Member]                                    
Share price (in dollars per share) | $ / shares               $ 6.25         $ 6.25          
Number of common stock issued | shares               16,000         16,000          
Proceeds from issuance of private placement               $ 100,000         $ 100,000          
Geoffrey E. Harris [Member]                                    
Number of shares converted | shares [6]                           2,058        
Principal investment in convertible notes [6]                           $ 10,000        
Interest [6]                           $ 300        
Geoffrey E. Harris [Member] | Private Placement [Member]                                    
Share price (in dollars per share) | $ / shares     $ 6.25                              
Number of common stock issued | shares     5,000               5,000              
Proceeds from issuance of private placement     $ 31,250               $ 31,300              
[1] (As Revised)
[2] RSJ PE is a greater than 10% shareholder. Michal Votruba, a Director for Life Sciences for the RSJ/Gradus Fund, joined our Board on July 30, 2015.
[3] John Pappajohn is a member of the Board. He purchased $1,600,000 of Notes of which $200,000 were assigned to four accredited investors on September 6, 2015. Approximately $10,400 of the total interest was attributable to such transferred Notes, resulting in an aggregate of 42,084 shares being issued upon the conversion of such transferred Notes.
[4] Thomas Tierney is a trustee of the Tierney Family Trust. Mr. Tierney was a member of our Board between September 2016 and July 2017, and prior to that, between February 2013 and May 2015. The Tierney Family Trust is a greater than 5% shareholder of the Company.
[5] Dr. Robin Smith is the Chairman of the Board.
[6] Geoffrey Harris is a member of the Board and Chairman of the Audit Committee.