COMMITMENTS AND CONTINGENCY (Tables)

12 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]

The Company leases certain office premises and apartments for employees under operating leases through August 31, 2019. Future minimum lease payments under operating leases agreements are as follows:

	Amount
Twelve months ending June 30,
2016	$	168,345
2017		99,885
2018		65,711
2019		67,492
Thereafter		11,298
	$	412,731