Factor Agreements	3 Months Ended
Sep. 30, 2011
Factor Agreements	Note 9 – Factor Agreements During 2010, the Company, through TAAG, entered into factoring agreements with ABN Amro (“ABN”) and Credit Cooperatif for working capital and credit administration purposes. Under the agreements, the factors purchase trade accounts receivable assigned to the factors by the Company. The accounts are sold at the invoice amount subject to a factor commission and other miscellaneous fees. Trade accounts receivable not sold remain in the Company's custody and control and the Company maintains all credit risk on those accounts. Under the agreement with ABN, the Company can borrow up to approximately $1.4 million (Euro 1,000,000), limited to 40% of its trade accounts. The factor fee is 0.26% of the customer invoice including VAT and interest is charged on the amount financed at Euribor + 1.2% (2.74% at September 30, 2011). Under the agreement with Credit Cooperatif, the Company can borrow up to $350,000 (Euro 250,000). The factor fee is determined on a case by case basis and is not specified in the agreement. The fee charged for the obligations outstanding as of September 30, 2011 was 5.11%. At September 30, 2011, $141,238 was due from ABN and $319,444 was due to Credit Cooperatif. At June 30, 2011, $356,450 was due from ABN and $312,440 was due to Credit Cooperatif.

Note 9 – Factor Agreements

During 2010, the Company, through TAAG, entered into factoring agreements with ABN Amro (“ABN”) and Credit Cooperatif for working capital and credit administration purposes. Under the agreements, the factors purchase trade accounts receivable assigned to the factors by the Company. The accounts are sold at the invoice amount subject to a factor commission and other miscellaneous fees. Trade accounts receivable not sold remain in the Company's custody and control and the Company maintains all credit risk on those accounts.

Under the agreement with ABN, the Company can borrow up to approximately $1.4 million (Euro 1,000,000), limited to 40% of its trade accounts. The factor fee is 0.26% of the customer invoice including VAT and interest is charged on the amount financed at Euribor + 1.2% (2.74% at September 30, 2011).

Under the agreement with Credit Cooperatif, the Company can borrow up to $350,000 (Euro 250,000). The factor fee is determined on a case by case basis and is not specified in the agreement. The fee charged for the obligations outstanding as of September 30, 2011 was 5.11%.

At September 30, 2011, $141,238 was due from ABN and $319,444 was due to Credit Cooperatif. At June 30, 2011, $356,450 was due from ABN and $312,440 was due to Credit Cooperatif.