Share-Based Payment	12 Months Ended
Share-Based Payment	Jun. 30, 2013
Share-Based Payment [Abstract]
SHARE-BASED PAYMENT	Note 17 – Share-Based Payment In July 2009, the Company granted options to purchase 50,000 shares of common stock at $2.00 per share with both expected lives of 3 years to an external service provider in addition to cash compensations. The fair value of each option grant is estimated on the measurement date per ASC 505-50 (formerly “EITF 96-18”) using the Black-Scholes option-pricing model with the following weighted-average assumptions used for grants in the fiscal years ended June 30, 2012: expected volatility of 121.47 percent and risk-free interest rate of 1.00 percent. The Company issued 50,000 shares of restricted common stock to Dr. James Tong, the CFO as incentive compensation each year in 2012 and 2013. Accordingly, an aggregate of $30,000 and $39,500 share based payments were recognized in the income statements as compensation expense for the fiscal years ended June 30, 2013 and 2012, respectively.

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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