Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following:

	Product Licenses			Customer Lists			Technology			Total
Intangible Assets - June 30, 2014 - Cost	$	48,632,368		$	6,052,377		$	242,702		$	54,927,447
Additions		-			-			-			-
Effect of Translation Adjustment		(2,729,529	)		-			-			(2,729,529	)
Accumulated Amortization		(21,125,290	)		(6,052,377	)		(242,702	)		(27,420,369	)
Net Balance - March 31, 2015	$	24,777,549		$	-		$	-		$	24,777,549

Estimated Amortization Expense of Intangible Assets over Next Five Years

Estimated amortization expense of intangible assets over the next five years is as follows:

Year ended:
March 31, 2016	$	3,160,220
March 31, 2017		3,058,440
March 31, 2018		3,058,440
March 31, 2019		3,058,440
March 31, 2020		2,958,662
Thereafter		9,483,348
	$	24,777,549