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3. PROPERTY AND EQUIPMENT (DETAILS) (USD $)	Jun. 30, 2012	Jun. 30, 2011
Property And Equipment Details
Furniture and Office Equipment	$ 25,912	$ 25,912
Office Equipment and Computers	230,091	223,032
Studios	1,093,669	1,624,469
Vehicles	29,125	29,125
Leasehold Improvements	6,574	6,574
Computer Software	56,166	52,796
Accumulated Depreciation	(996,302)	(576,916)
Property and Equipment, net	$ 445,235	$ 1,384,992

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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