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Consolidated Balance Sheets
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 6,730,486 $ 5,454,107
Accounts receivable, net 871,570 839,220
Accounts receivable, related parties 1,762,271 2,124,104
Inventory, net 444,274 436,541
Prepaid income tax and tax receivable 1,276,540 354,308
Investments 3,578,749 993
Other current assets 369,599 242,584
Total current assets 15,033,489 9,451,857
Restricted cash 14,870 0
Property and equipment, net 1,159,465 1,166,693
Goodwill 498,973 498,973
Intangible assets, net 899,276 1,018,213
Deferred tax assets, net 1,480,272 1,179,472
Long - term assets 509,538 509,538
Total assets 19,595,883 13,824,746
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,842,855 2,396,817
Expense waivers 589,093 448,930
Purchase consideration payable 214,035
Notes payable - related parties 3,500 8,500
Equipment loans 17,388 0
Convertible promissory notes payable - related parties, net 600,000
Total current liabilities 3,452,836 3,676,782
LONG TERM LIABILITIES    
Notes payable - related parties 600,000
Equipment loans 72,605 0
Deferred tax liabilities 258,601 272,095
Total liabilities 4,384,042 3,948,877
Commitments and contingencies
Convertible, Preferred stock, 50,000,000 authorized par $0.001 Series B convertible preferred stock: 13,108,474 issued and outstanding at June 30, 2017 and June 30, 2016 2,011,934 2,011,934
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 900,000,000 shares authorized; 886,753,847 shares issued and outstanding at June 30, 2017 and June 30, 2016 886,754 886,754
Additional paid-in capital 6,317,440 6,317,440
Accumulated other comprehensive income (loss) 119,338 (30,303)
Retained earnings (accumulated deficit) 5,876,375 690,044
Total stockholders' equity 13,199,907 7,863,935
Total liabilities and stockholders' equity 19,595,883 13,824,746
Series B Convertible Preferred Stock [Member]    
LONG TERM LIABILITIES    
Convertible, Preferred stock, 50,000,000 authorized par $0.001 Series B convertible preferred stock: 13,108,474 issued and outstanding at June 30, 2017 and June 30, 2016 $ 2,011,934 $ 2,011,934