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6. SHORT-TERM BORROWINGS FROM BANKS (Tables)

12 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

SHORT-TERM BORROWINGS FROM BANKS

		June 30, 2013				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 2013, which was extended to March 2014 (interest rate of 10.55% per annum as extended)		$	139,134			$	139,134
Total		$	139,134			$	139,134

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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