CHINA JOINT VENTURE (Tables)

6 Months Ended

Dec. 31, 2016

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Related Party Sales and Purchase Activity

Activity with Meineng Energy for the three and six months ended December 31, 2016 and December 31, 2015 is summarized as follows:

	Three months ended December 31,				Six months ended December 31,
	2016		2015		2016		2015
Product sales to Meineng Energy	$	9,447	$	54,092	$	68,594	$	54,092
Cost of product sales to Meineng Energy		10,242		39,129		72,056		39,129
Product purchases from Meineng Energy		41,609		645,896		752,190		646,198

Schedule of Related Party Transactions

As of December 31, 2016 and June 30, 2016, the total amount due to Meineng Energy is as follows:

	December 31, 2016		June 30, 2016
Net amount due from (due to) Meineng Energy	$	(16,417)	$	(85,011)

Equity Method Investments

The operating results for Meineng Energy for the three and six months ended December 31, 2016 and December 31, 2015 are summarized as follows:

	Three months ended December 31,				Six months ended December 31,
	2016		2015		2016		2015
Revenues	$	359,676	$	708,523	$	1,138,831	$	720,477
Gross profit (loss)		5,431		46,939		108,852		20,928
Income (loss) from operations		(301,164)		(313,756)		(504,051)		(692,410)
Net income (loss)		(291,537)		(298,967)		(479,010)		(656,620)