v2.4.0.8
COMMITMENTS (Tables)
9 Months Ended
Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]
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:
 
 
 
Amount
 
 
 
 
 
 
Twelve months ending March 31,
 
 
 
 
 
 
 
 
 
2014
 
$
109,732
 
2015
 
 
24,880
 
 
 
$
134,612