COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Mar. 31, 2014

COMMITMENTS AND CONTINGENCIES [Abstract]

Schedule of Future Minimum Rental Payments Under Operating Leases

The Company's minimum annual rent rate for the following two years

are:

                                    Fiscal Year Ended

                                        June 30,                 Annual Rent

                                        --------                 -----------

                                         2014                         $158,286

                                         2015                         $247,083