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NOTE 14 - OTHER (EXPENSE) INCOME
12 Months Ended
Jun. 30, 2014
Other Income and Expenses [Abstract]  
NOTE 14 - OTHER (EXPENSE) INCOME

NOTE 14 - OTHER (EXPENSE) INCOME

 

Other (expense) income consists of:

 

   For the Years Ended June 30,
   2014  2013
Loss from investment  $—     $(48,777)
Litigation settlement   13,586    716,250 
Loss on disposition of equipment   (657,350)     
Gain on sale of equipment   40,000    557,473 
Impairment of management agreement   —      (357,500)
Other expense   (4,835)   (141,958)
   $(608,599)  $725,488