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COMMITMENTS
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9 Months Ended | ||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2014
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| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Text Block] |
Office leases The Company leases certain office premises and apartments for employees under operating leases expiring through December 14, 2015. Future minimum lease payments under operating leases agreements are as follows:
Rent expense for the nine months ended March 31, 2014 and 2013 was $157,036 and $173,075, respectively. Rent expense for the three months ended March 31, 2014 and 2013 was $68,986 and $39,858, respectively. |
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