Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Accounts Payable and Accrued Expenses

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Note 11 - Accounts Payable and Accrued Expenses
6 Months Ended
Dec. 31, 2013
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 December 31,
2013
   
As of June 30,
2013
 
             
 Accounts Payable
  $ 1,435,355     $ 825,025  
 Accrued Liabilities
    2,999,292       2,056,003  
 Accrued Payroll
    57,552       25,529  
 Accrued Payroll Taxes
    236,748       218,084  
 Interest Payable
    64,780       71,872  
 Taxes Payable
    514,525       727,408  
 Other Payable - Acquisitions
    103,226       103,226  
     Total
  $ 5,411,478     $ 4,027,147