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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Net loss $ (310,781) $ (1,695,527)
Depreciation 91,790 343,248
Amortization 143,573 164,399
Stock-based compensation 58,400  
Change in accounts receivable 67,220 63,840
Change in other receivables   (10,196)
Change in prepaid expenses 72,393 253,945
Change in deferred production costs (272,500)  
Change in accounts payable and other payables 32,824 3,255,353
Change in taxes receivable and payable 5,212 (70,949)
Net cash (used in) provided by operating activities (111,869) 2,304,113
Proceeds from borrowing 106,880 49,975
Proceeds from sale of stock   500,000
NET CASH PROVIDED BY FINANCING ACTIVITIES 106,880 549,975
EFFECT OF EXCHANGE RATE ON CASH (5,040) 225,513
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (10,029) 3,079,601
CASH AND CASH EQUIVALENTS - beginning of period 17,903 6,219,438
CASH AND CASH EQUIVALENTS - end of period 7,874 9,299,039
Cash paid for income taxes   $ 686,283