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6. SHORT-TERM BORROWINGS FROM BANKS (Tables)
3 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
SHORT-TERM BORROWINGS FROM BANKS

Short-term borrowings from banks consisted of the following as of:

 

    September 30, 2013     June 30, 2013  
Loan dated June 2011, due to a financial institution, with principal and monthly interest payments (interest rate of 8.90% per annum), and the original remaining balance due September 2013, which was extended to March 2014 (interest rate of 10.55% per annum as extended)   $ 139,134     $ 139,134