8 Loan Payable - Bank: Schedule of Long-term Debt Instruments (Tables)

12 Months Ended

Jun. 30, 2013

Tables/Schedules

Schedule of Long-term Debt Instruments

	June 30,
	2013			2012
Bank Note in the amount of 30 million RMB with Bank of Communications of China bearing an annual floating rate of  7.872%, set to be 20% higher than the interest rate of the China People Bank rate, initially made on April 29, 2011 and renewed again on April 18, 2013 for one year maturing on April 17, 2014	$	4,847,936		$	4,747,061
Bank Note in the amount of 20 million RMB with Postal Savings Bank bearing an 7.8%interest per annum, made on June 18, 2013 for one year maturing on June 17, 2014		3,231,958			-
Bank Note in the amount of 2.4 million RMB with Beijing International Trust Co., Ltd bearing an 18.0% interest per annum, made on  September 24, 2012 for one year maturing on December 20, 2013		387,835			-
Bank Note in the amount of 25 million RMB with China Citic Bank bearing an annual floating rate of  8.528%, set to be 30% higher than the interest rate of the China People Bank rate, initially made on May 5, 2010 and renewed again on April 13, 2012 for one year maturing on April 13, 2013		-	-		3,955,884
	$	8,467,729		$	8,702,945