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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2015
Jun. 30, 2014
CURRENT ASSETS    
Cash $ 10,016 $ 24,782
Accounts receivable- net 673,006 1,077,506
Inventory 285,981 233,412
Due from related parties 7,703 11,900
Prepaid expenses 1,549 73,745
Total Current Assets 978,255 1,421,345
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $525,199 and $447,749 at June 30, 2015 and 2014, respectively 1,398,425 1,458,558
OTHER ASSETS    
Deposit on equipment $ 5,967,480 5,929,461
Ginseng crops   6,721
Intangible assets, net of accumulated amortization of $18,378 and $15,286 at June 30, 2015 and 2014, respectively 2,975
Deferred income tax asset 1,231
Total Assets $ 8,344,160 8,820,291
CURRENT LIABILITIES    
Loan payable- building purchase 1,308,558 1,300,221
Loan payable- equipment purchase 5,966,052 5,928,042
Loans payable- other 3,997,629 3,151,033
Notes payable - related parties 1,593,996 1,389,124
Accounts payable 951,068 601,339
Accrued expenses 2,486,436 334,372
Taxes payable 71,034 72,505
Payments received in advance 247,663 261,671
Payable to farmers 879,567 873,964
Total Current Liabilities 17,502,003 13,912,271
Liabilities of discontinued operations 513,760 510,487
Total Liabilities $ 18,015,763 $ 14,422,758
COMMITMENTS AND CONTINGENCIES (NOTE Q)
STOCKHOLDERS' DEFICIT    
Common Stock, $0.001 par value, 50,000,000 shares authorized; 44,397,297 shares issued and outstanding at June 30, 2015 and 2014, respectively $ 44,398 $ 44,398
Additional paid-in capital 7,738,746 7,606,599
Accumulated deficit (18,073,829) (14,169,335)
Accumulated other comprehensive income 619,082 915,871
Total Stockholders' Deficit (9,671,603) (5,602,467)
Total Liabilities and Stockholders' Deficit $ 8,344,160 $ 8,820,291