Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v2.4.0.6
Consolidated Statements of Equity (USD $)
Common Stock [Member]
USD ($)
Additional Paid-in Capital [Member]
USD ($)
Treasury Stock [Member]
Retained Earnings [Member]
USD ($)
Stock Sub-scriptions Receivable [Member]
USD ($)
Shares To Be Issued [Member]
USD ($)
Accumulated Other Comprehensive Income (Loss) [Member]
USD ($)
Noncontrolling Interest [Member]
USD ($)
Total
USD ($)
Balance at Jun. 30, 2010 $ 37,104 $ 86,002,647   $ (39,859,032) $ (2,007,960)   $ (8,396,085) $ 10,422,554 $ 45,803,220
Balance (in Shares) at Jun. 30, 2010 3,710,339   (396,008)            
Excercise of common stock options 1,771 1,361,779     (183,500)       1,305,050
Excercise of common stock options (in Shares) 177,100         125,000      
Common stock issued for:                  
Settlement of liabilities 255 191,553             191,808
Excercise of common stock warrants 3,384 306,616             310,000
Excercise of common stock warrants (in Shares) 338,439                
Common stock issued for:                  
Cash 5,107 4,101,143     (7,000)       4,099,250
Cash (in Shares) 510,676                
Services 903 849,140             886,218
Services (in Shares) 90,306         36,175      
Conversion of convertible note 7,008 4,796,331             4,803,339
Conversion of convertible note (in Shares) 700,810                
Payment of interest on convertible note 255 191,553             191,808
Payment of interest on convertible note (in Shares) 25,516                
Equity component shown as current liability at                  
Balance           400,700     400,700
Balance (in Shares)           400,700      
June 30, 2012           400,700     400,700
June 30, 2012           (400,700)     (400,700)
June 30, 2011           (400,700)     (400,700)
Fair market value of options issued   459,174             459,174
Acqusition of non controlling interest in subsidiary   (181,891)           (489,569) (671,460)
Dividend to non controlling interest               (1,291,313) (1,291,313)
Foreign currency translation adjusts             (409,837) (116,070) (525,907)
Net income for the year       5,728,088       3,974,882 9,702,970
Balance at Jun. 30, 2011 55,532 97,886,492   (34,130,944) (2,198,460)   (8,805,922) 12,500,484 64,911,174
Balance (in Shares) at Jun. 30, 2011 5,553,186   (396,008)            
Excercise of common stock options 2,312 964,465     78,972       920,749
Excercise of common stock options (in Shares) 231,259         (125,000)      
Common stock issued for:                  
Settlement of liabilities 125 49,875             50,000
Settlement of liabilities (in Shares) 12,500                
Purchase of Treasury Shares                 (19,417)
Purchase of Treasury Shares (in Shares)     (19,417)           4,430
Common stock issued for:                  
Cash 16,675 5,503,067             5,519,742
Cash (in Shares) 1,667,500                
Services 493 386,078             216,446
Services (in Shares) 49,300         (170,125)     2,400
Payment of interest on convertible note 125 49,875             50,000
Equity component shown as current liability at                  
Balance           105,575     (105,575)
June 30, 2012           105,575     (105,575)
June 30, 2012           (105,575)     105,575
June 30, 2011           (105,575)     105,575
Fair market value of options issued   1,291,523             1,291,523
Acqusition of non controlling interest in subsidiary               792,351 792,351
Dividend to non controlling interest               (341,567) (341,567)
Beneficial conversion feature   19,665             19,665
Foreign currency translation adjusts             (3,555,837) (1,745,573) (5,310,410)
Net income for the year       2,446,545       4,202,726 6,649,271
Balance at Jun. 30, 2012 $ 75,137 $ 106,101,165   $ (31,684,399) $ (2,119,488)   $ (12,361,759) $ 15,399,421 $ 74,994,652
Balance (in Shares) at Jun. 30, 2012 7,513,745   (415,425)