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INTEREST EXPENSE (Details) (USD $)	12 Months Ended
INTEREST EXPENSE (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Interest Expense [Abstract]
Interest expense on secured credit facility	$ (44,993)	$ (81,204)
Interest expense for tax positions related to unauthorized transactions	(44,014)	(44,015)
Interest reversals for tax positions related to unauthorized transactions	145,488	251,485
Other interest expense	(402)	(1,843)
Interest expense	$ (56,079)	$ (124,423)

Interest expense on all other items not previously classified. For example, includes dividends associated with redeemable preferred stock of a subsidiary that is treated as a liability in the parent's consolidated balance sheet.

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