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INVENTORIES (Tables)
12 Months Ended
Jun. 30, 2016
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]
The inventories consist of the following:
 
 
 
June 30, 2016
 
June 30, 2015
 
Raw materials
 
$
825,028
 
$
920,973
 
Work-in-process
 
 
3,230,729
 
 
6,674,890
 
Finished goods
 
 
1,354,176
 
 
1,268,681
 
Packing materials
 
 
17,531
 
 
23,036
 
Less: inventory reserve
 
 
(819,285)
 
 
(585,283)
 
 
 
$
4,608,179
 
$
8,302,297