PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)		Mar. 31, 2017	Jun. 30, 2016
Consultant fees	[1]	$ 247,687	$ 845,420
Advance to employees		74,731	105,137
Other		82,723	55,056
Total		405,141	1,005,613
Less current portion		355,442	826,631
Total noncurrent portion		$ 49,699	$ 178,982

[1] The Company entered into a management consulting services agreement with a consulting company on November 12, 2015, pursuant to which the consulting company shall assist the Company with its regulatory filings during the period from July 1, 2016 to June 30, 2018. In return for its services, as approved by the Board, a total of RMB 2,100,000 ($316,298) was paid to the consulting company.