OTHER CURRENT ASSETS

6 Months Ended

Dec. 31, 2012

Prepaid Expense and Other Assets, Current [Abstract]

Other Current Assets [Text Block]

 NOTE 5 – OTHER CURRENT ASSETS

Other current assets consisted of the following:

	December 31,		June 30,
	2012		2012
Advancement	$	323,712	$	299,526
Total	$	323,712	$	299,526

Advancement represents advances made to non-related parties and employees. The amounts were unsecured, interest free, and due on demand.