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INCOME TAXES (Details)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
U.S. expected federal income tax benefit (35.00%) (35.00%)
U.S. state, local tax net of federal benefit (10.90%) (10.90%)
U.S. permanent difference 0.30% 1.20%
U.S. temporary difference 45.50% 44.70%
Permanent differences related to other countries (0.90%) 19.30%
Other 0.00% (0.40%)
Hong Kong statutory income tax rate 16.50% 0.00%
Total tax expense 15.50% 18.90%