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

9 Months Ended

Mar. 31, 2015

Tables/Schedules

Schedule of Long-term Debt Instruments

	March 31,		June 30,
	2015			2014
Bank Note in the amount of 20 million RMB with China Merchant Bank bearing an annual floating rate of 7.8%, initially made on December 27, 2013 for one year maturing on 26 December 2014.	$	--		$	3,247,966
Bank Note in the amount of 30 million RMB with Postal Savings Bank bearing an 7.8% interest per annum, made on July 22, 2014 for one year maturing on July 21, 2015		4,892,288			--
Bank Note in the amount of 20 million RMB with China Merchants Bank bearing an 7% interest per annum, made on Jan 05, 2015 for one year maturing on Jan 04, 2016		3,261,525
Bank Note in the amount of 30 million RMB with China HuiRong Co., Ltd bearing an 10.0% interest per annum, initially made on March 17, 2015 for one year maturing on 16 March, 2016	$	4,892,289		$	--
Bank Note in the amount of 20 million RMB with China Everbright Bank bearing an 7.84% interest per annum, made on Jan 16, 2015 for one year maturing on Jan 15, 2016		3,261,525
	$	16,307,627		$	3,247,966