CHINA JOINT VENTURE (Tables)

6 Months Ended

Dec. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Related Party Sales and Purchase Activity

Activity with Meineng Energy is summarized as follows:

	Three months ended December 31,				Six months ended December 31,
	2017		2016		2017		2016
Product sales to Meineng Energy	$	10,293	$	9,447	$	23,301	$	68,594
Cost of product sales to Meineng Energy		8,000		10,242		19,211		72,056
Product purchases from Meineng Energy		185,701		41,609		198,601		752,190

Schedule of Related Party Transactions

The total amount due to Meineng Energy is as follows:

	Decemebr 31, 2017		June 30, 2017
Net amount payable (due) to Meineng Energy	$	11,003	$	(12,299)

Equity Method Investments

The operating results for Meineng Energy are summarized as follows:

	Three months ended December 31,				Six months ended December 31,
	2017		2016		2017		2016
Revenues	$	462,186	$	359,676	$	466,832	$	1,138,831
Gross profit (loss)		(60,494)		5,431		(61,580)		108,852
Loss from operations		(438,601)		(301,164)		(812,527)		(504,051)
Net loss		(426,114)		(291,537)		(773,019)		(479,010)