CHINA JOINT VENTURE (Tables)

9 Months Ended

Mar. 31, 2018

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 March 31,				Nine months ended March 31,
	2018		2017		2018		2017
Product sales to Meineng Energy	$	2,072	$	360	$	25,373	$	68,954
Cost of product sales to Meineng Energy		2,125		343		21,336		72,399
Product purchases from Meineng Energy		397		168,044		198,998		920,233

Schedule of Related Party Transactions

The total amount due to Meineng Energy is as follows:

	March 31, 2018		June 30, 2017
Net amount due to Meineng Energy	$	(20,817)	$	(12,299)

Equity Method Investments

The operating results for Meineng Energy are summarized as follows:

	Three months ended March 31,				Nine months ended March 31,
	2018		2017		2018		2017
Revenues	$	2,868	$	79,986	$	469,700	$	1,218,817
Gross profit (loss)		(2,446)		10,156		(64,026)		119,008
Loss from operations		(768,599)		(585,748)		(1,581,126)		(1,089,799)
Net loss		(754,502)		(580,152)		(1,527,521)		(1,059,162)