Annual report pursuant to Section 13 and 15(d)

Note 11 - Accounts Payable and Accrued Expenses

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Note 11 - Accounts Payable and Accrued Expenses
 12 Months Ended
Jun. 30, 2014
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
NOTE 11 – ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

   
As of June 30,
2014
   
As of June 30,
2013
 
             
 Accounts Payable
  $ 1,642,325     $ 825,025  
 Accrued Liabilities
    2,956,686       2,056,003  
 Accrued Payroll
    44,185       25,529  
 Accrued Payroll Taxes
    261,261       218,084  
 Interest Payable
    61,555       71,872  
 Taxes Payable
    165,649       727,408  
 Other Payable
    103,226       103,226  
Total
  $ 5,234,887     $ 4,027,147