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STATEMENTS OF STOCKHOLDERS' EQUITY (USD $) | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Statutory Reserve [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income [Member]
--- | --- | --- | --- | --- | --- | ---
BALANCE at Jun. 30, 2011 | $ 191,873,241 | $ 26,846 | $ 98,627,482 | $ 10,027,721 | $ 72,287,436 | $ 10,903,756
BALANCE (in shares) at Jun. 30, 2011 |  | 26,845,860 |  |  |  |
Net income | 41,957,825 | 0 | 0 | 0 | 41,957,825 | 0
Issuance of stock for cash | 300,001 | 63 | 299,938 | 0 | 0 | 0
Issuance of stock for cash (in shares) |  | 63,158 |  |  |  |
Issuance of stock for consulting services | 24,000 | 6 | 23,994 | 0 | 0 | 0
Issuance of stock for consulting services (in shares) |  | 5,704 |  |  |  |
Stock based compensation | 3,224,836 | 541 | 3,224,295 | 0 | 0 | 0
Stock based compensation (in shares) |  | 541,000 |  |  |  |
Transfer to statutory reserve | 0 | 0 | 0 | 5,102,437 | (5,102,437) | 0
Accumulative other comprehensive income | 4,876,751 | 0 | 0 | 0 | 0 | 4,876,751
BALANCE at Jun. 30, 2012 | 242,256,654 | 27,456 | 102,175,709 | 15,130,158 | 109,142,824 | 15,780,507
BALANCE (in shares) at Jun. 30, 2012 |  | 27,455,722 |  |  |  |
Net income | 44,774,048 | 0 | 0 | 0 | 44,774,048 |
Issuance of stock for consulting services | 389,002 | 111 | 388,891 | 0 | 0 | 0
Issuance of stock for consulting services (in shares) |  | 111,605 |  |  |  |
Issuance of stock for payment of due to related party | 300,000 | 91 | 299,909 | 0 | 0 | 0
Issuance of stock for payment of due to related party (in shares) |  | 90,909 |  |  |  |
Stock based compensation | 3,100,685 | 2,285 | 3,098,400 | 0 | 0 | 0
Stock based compensation (in shares) |  | 2,285,000 |  |  |  |
Transfer to statutory reserve | 0 | 0 | 0 | 4,991,747 | (4,991,747) | 0
Accumulative other comprehensive income | 6,032,903 | 0 | 0 | 0 | 0 | 6,032,903
BALANCE at Jun. 30, 2013 | 296,853,292 | 29,943 | 105,962,909 | 20,121,905 | 148,925,125 | 21,813,410
BALANCE (in shares) at Jun. 30, 2013 |  | 29,943,236 |  |  |  |
Net income | 25,514,695 | 0 | 0 | 0 | 25,514,695 |
Issuance of stock for consulting services | 65,535 | 17 | 65,518 | 0 | 0 | 0
Issuance of stock for consulting services (in shares) |  | 17,356 |  |  |  |
Issuance of stock for payment of due to related party | 525,000 | 119 | 524,881 | 0 | 0 | 0
Issuance of stock for payment of due to related party (in shares) |  | 118,778 |  |  |  |
Stock based compensation | 8,054,189 | 2,283 | 8,051,906 | 0 | 0 | 0
Stock based compensation (in shares) |  | 2,283,164 |  |  |  |
Transfer to statutory reserve | 0 | 0 | 0 | 2,418,489 | (2,418,489) | 0
Accumulative other comprehensive income | 1,027,081 | 0 | 0 | 0 | 0 | 1,027,081
BALANCE at Jun. 30, 2014 | $ 332,039,792 | $ 32,362 | $ 114,605,214 | $ 22,540,394 | $ 172,021,331 | $ 22,840,491
BALANCE (in shares) at Jun. 30, 2014 |  | 32,362,534 |  |  |  |

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