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STATEMENTS OF STOCKHOLDERS' EQUITY (USD $) | Common Stock [Member] | Additional Paid-In Capital [Member] | Statutory Reserve [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Total
--- | --- | --- | --- | --- | --- | ---
BALANCE at Jun. 30, 2009 | $ 12,282 | $ 2,060,162 | $ 3,468,530 | $ 24,642,768 | $ 2,457,130 | $ 32,640,872
BALANCE (in shares) at Jun. 30, 2009 | 12,281,569 |  |  |  |  |
Net income | 0 | 0 | 0 | 21,289,758 | 0 | 21,289,758
Reclass PIPE shares subject to redemption | 6,314 | 20,512,941 | 0 | 0 | 0 | 20,519,255
Reclass PIPE shares subject to redemption (in shares) | 6,313,617 |  |  |  |  |
Stock issued in relation to fund raising | 5,628 | 51,487,207 | 0 | 0 | 0 | 51,492,835
Stock issued in relation to fund raising (in shares) | 5,627,564 |  |  |  |  |
Stock issued in relation to Acquisition |  |  |  |  |  | 0
Stock based compensation | 272 | 1,695,449 | 0 | 0 | 0 | 1,695,721
Stock based compensation (in shares) | 272,161 |  |  |  |  |
Exercised of stock options-cashless | 77 | (77) | 0 | 0 | 0 | 0
Exercised of stock options-cashless (in shares) | 77,418 |  |  |  |  |
Transfer to statutory reserve | 0 | 0 | 2,396,118 | (2,396,118) | 0 | 0
Accumulative other comprehensive income | 0 | 0 | 0 | 0 | 899,481 | 899,481
BALANCE at Jun. 30, 2010 | 24,573 | 75,755,682 | 5,864,648 | 43,536,408 | 3,356,611 | 128,537,922
BALANCE (in shares) at Jun. 30, 2010 | 24,572,329 |  |  |  |  |
Net income | 0 | 0 | 0 | 32,914,101 | 0 | 32,914,101
Stock issued in relation to Acquisition | 2,275 | 19,297,619 | 0 | 0 | 0 | 19,299,894
Stock issued in relation to Acquisition (in shares) | 2,275,931 |  |  |  |  | 2,275,931
Stock based compensation | 0 | 3,605,235 | 0 | 0 | 0 | 3,605,235
Stock based compensation (in shares) | 0 |  |  |  |  |
Exercised of stock options-cashless (in shares) |  |  |  |  |  | 0
Forefeiture of shares issued for services | (2) | (31,054) | 0 | 0 | 0 | (31,056)
Forefeiture of shares issued for services (in shares) | (2,400) |  |  |  |  |
Transfer to statutory reserve | 0 | 0 | 4,163,073 | (4,163,073) | 0 | 0
Accumulative other comprehensive income | 0 | 0 | 0 | 0 | 7,547,145 | 7,547,145
BALANCE at Jun. 30, 2011 | 26,846 | 98,627,482 | 10,027,721 | 72,287,436 | 10,903,756 | 191,873,241
BALANCE (in shares) at Jun. 30, 2011 | 26,845,860 |  |  |  |  |
Net income | 0 | 0 | 0 | 41,957,825 | 0 | 41,957,825
Stock issued in relation to Acquisition |  |  |  |  |  | 0
Issuance of stock for cash | 63 | 299,938 | 0 | 0 | 0 | 300,001
Issuance of stock for cash (in shares) | 63,158 |  |  |  |  |
Issuance of stock for consulting services | 6 | 23,994 | 0 | 0 | 0 | 24,000
Issuance of stock for consulting services (in shares) | 5,704 |  |  |  |  |
Stock based compensation | 541 | 3,224,295 | 0 | 0 | 0 | 3,224,836
Stock based compensation (in shares) | 541,000 |  |  |  |  |
Exercised of stock options-cashless (in shares) |  |  |  |  |  | 0
Transfer to statutory reserve | 0 | 0 | 5,102,437 | (5,102,437) | 0 | 0
Accumulative other comprehensive income | 0 | 0 | 0 | 0 | 4,876,751 | 4,876,751
BALANCE at Jun. 30, 2012 | $ 27,456 | $ 102,175,709 | $ 15,130,158 | $ 109,142,824 | $ 15,780,507 | $ 242,256,654
BALANCE (in shares) at Jun. 30, 2012 | 27,455,722 |  |  |  |  |

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