6. INTANGIBLE ASSETS

12 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

Intangible assets are comprised of the following as of June 30, 2013 and June 30, 2012:

	June 30, 2013			June 30,2012
Non-compete agreement	$	310,888		$	310,888
License agreement		288,087			288,087
Trade secrets		1,599,122			1,599,122
Total, at cost		2,198,097			2,198,097
Less, accumulated amortization		(1,787,024	)		(1,054,975	)
Intangible Assets, Net	$	411,073		$	1,143,122

Estimated amortization expense for fiscal period ending June 30, 2014 is $411,073.