Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Details Narrative)

v3.5.0.2
Summary of Significant Accounting Policies (Details Narrative) - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Uninsured deposits related to cash deposits $ 7,640,095 $ 8,969,443
Restricted cash 90,000 90,000
Allowance for doubtful accounts 492,498 524,565
Unearned revenue 4,739,214 4,897,327
Advertising costs $ 293,683 $ 250,801
Tax benefit 11.40% (8.60%)
Accumulated other comprehensive loss $ 18,730,494 $ 17,167,100
Comprehensive income (loss) 1,563,394 2,187,877
Net foreign exchange transaction losses $ 738,158 $ 453,770
Minimum [Member]    
Tax benefit 50.00%