XML 38 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
6. SHORT-TERM BORROWINGS FROM BANKS
3 Months Ended
Sep. 30, 2012
Debt Disclosure [Abstract]  
NOTE 6 - SHORT-TERM BORROWINGS FROM BANKS

Short-term borrowings from banks consisted of the following as of:

 

    September 30,
2012
    June 30,
2012
 
Loan dated June 2011, due to a financial institution, with principal and monthly interest payments (interest rate of 8.90% per annum), and the original remaining balance due September 2011, which was extended to March 2013 (interest rate of 7.36% per annum as extended)   $ 139,134     $ 139,134  
Total   $ 139,134     $ 139,134