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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	Jun. 30, 2012	Jun. 30, 2011
Accounts receivable, net	$ 62,001,158	$ 17,517,625
Allowance for Doubtful Accounts Receivable	679,268	337,801
Unearned revenue	2,625,014	11,059,313
China Banks [Member]
Interest-bearing Deposits in Banks and Other Financial Institutions	71,701,092
United States Banks [Member]
Cash, FDIC Insured Amount	500,000
Interest-bearing Deposits in Banks and Other Financial Institutions	$ 280,445

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

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- Definition

For banks and other depository institutions (including Federal Reserve Banks, if applicable): Interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet.

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