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6. SHORT-TERM BORROWINGS FROM BANKS (Tables) | 12 Months Ended
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Jun. 30, 2014
Debt Disclosure [Abstract] |
SHORT-TERM BORROWINGS FROM BANKS |
|  | June 30, 2014 |  |  | June 30, 2013 |
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 March, 2014, which was extended to March, 2015 (interest rate of 10.55% per annum as extended) |  | $ | 148,295 |  |  | $ | 139,134 |
Total |  | $ | 148,295 |  |  | $ | 139,134 |

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- Definition 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. + References No definition available. + Details
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