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CONCENTRATIONS
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12 Months Ended |
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Jun. 30, 2012
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| Risks and Uncertainties [Abstract] | |
| Concentration Risk Disclosure [Text Block] | 9. CONCENTRATIONS
Major Customer
For the years ended June 30, 2012 and 2011, approximately 54% and 64%, respectively, of the Company’s revenues were from one customer. The Company provides services to one customer under an exclusive agency agreement that expires on December 31, 2012. At June 30, 2012 and 2011 respectively, the same customer accounted for approximately 10% and 14% of the total accounts receivable balance.
Major Suppliers
For the year ended June 30, 2012, two suppliers accounted for 13% and 10% of the total cost of revenues, respectively. For the year ended June 30, 2011, two suppliers accounted for 16% and 10% of the cost of revenues, respectively. |