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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATIONS ACTIVITIES:    
Net income (loss) $ (940,774) $ 3,158,096
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Non-controlling interests (467,845) 207,740
Gain on sale of property and equipment   (212,303)
Loss on disposal of property and equipment 291 140,283
Depreciation 81,522 69,757
Amortization of intangible assets 421,640 454,704
Write off of uncollectible accounts receivable 151,681  
Deferred tax assets (509,458) 3,671
Share-based compensation 101,539 434,177
Increase (decrease) in cash due to change in:    
Accounts receivable 4,582,036 (1,486,477)
Inventories 683,277 (122,835)
Prepaid expenses and other current assets (15,244) (14,371)
Prepaid income taxes   (109,649)
Employee Loan (34,683)  
Advance payment to vendor 15,277 (172,346)
Other assets 2,309 (31,787)
Trade accounts payable, including related party (961,667) (1,306,550)
Advance payments from customers 81,249 (303,385)
Income taxes payable (121,362) (929,538)
Accrued liabilities (77,183) (369,980)
Marketing funds payable   346,104
Other liabilities 24,028 (17,126)
Net cash provided by (used in) operating activities 3,016,633 (261,815)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (11,200) (67,676)
Payments for capitalized development costs (881,906)  
Purchases of intangible assets (38,413) (75,454)
Proceeds from sales of property and equipment   594,643
Net cash provided by (used in) investing activities (931,519) 451,513
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of short-term borrowings   (173,511)
Payment of long-term borrowings   (231,761)
Proceeds from exercise of stock options 36,250  
Proceeds from subsidiary’s sale of stock to non-controlling shareholders 542,603  
Net cash provided by (used in) financing activities 578,853 (405,272)
Effect of foreign currency translation on cash 33,680 (82,292)
Net increase (decrease) in cash and cash equivalents 2,697,647 (297,866)
Cash and cash equivalents, beginning of period 11,357,878 16,107,501
Cash and cash equivalents, end of period 14,055,525 15,809,635
Cash paid during the years for:    
Interest 3,918  
Income taxes 122,162 3,282,767
Supplemental disclosure of non-cash financing activity:    
Repurchase of treasury stock (see “Note 10”)   $ 1,873,065