INTANGIBLE ASSETS (Tables)

9 Months Ended

Mar. 31, 2013

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Intangible assets as of March 31, 2013 and June 30, 2012 consisted of the following:

	March 31,			June 30,
	2013			2012
Cost	$	7,281,651		$	3,677,663
Less: Accumulated amortization		(721,248	)		(594,786	)
Intangible Assets, net	$	6,560,403		$	3,082,877