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INCOME TAXES (Details)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
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 (0.20%) (0.30%)
U.S. temporary difference (45.70%) (45.50%)
Permanent difference related to other countries (28.30%) 0.90%
Hong Kong statutory income tax rate (16.50%) (16.50%)
Hong Kong income tax benefit 4.90% 0.00%
Total tax expense (39.90%) (15.50%)