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3. PROPERTY AND EQUIPMENT
12 Months Ended
Jun. 30, 2013
Property, Plant and Equipment [Abstract]  
3. PROPERTY AND EQUIPMENT

The Company’s property and equipment are comprised of the following as of June 30, 2013 and 2012:

 

    2013     2012  
 Furniture and Office Equipment     $ 25,912     $ 25,912  
 Office Equipment and Computers      230,930       230,091  
 Studios     1,140,884       1,093,669  
 Vehicles      60,524       29,125  
 Leasehold Improvements      9,174       6,574  
 Computer Software     56,166       56,166  
 Accumulated Depreciation      (1,197,348 )     (996,302 )
 Property and Equipment, net     $ 326,242     $ 445,235  

 

The Company also had $93,357 in equipment that was yet to be placed in service as of June 30, 2013 and 2012, respectively.  Depreciation expense for the years ended June 30, 2013 and 2012 was $204,333 and $419,368, respectively.