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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities:    
Net loss $ (3,904,494) $ (4,761,922)
Depreciation and amortization:    
Charged to operations $ 76,664 86,644
Capitalized in inventory 997
Impairment of investment 24,762
Bad debt expense $ 525,903 2,537,697
Imputed interest 132,147 108,548
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable (114,494) (680,426)
(Increase) decrease in inventory (51,072) 30,249
(Increase) decrease in prepaid expense 72,669 273,801
(Increase) decrease in due from related parties 4,273 (6,914)
(Increase) decrease in Ginseng crops 6,764 675,246
Increase) decrease in deferred income tax 1,239 7,619
Increase (decrease) in accounts payable 345,873 80,624
Increase (decrease) in taxes payable (1,936) (77,483)
Increase (decrease) in payments received in advance (15,686) (136,007)
Increase (decrease) in accrued expenses 1,768,989 47,447
Net cash provided by (used in) operating activities $ (1,152,891) (2,275,429)
Cash Flows from Investing Activities:    
Deposit on equipment $ (5,929,461)
Purchases of property and equipment $ (5,134)
Net cash provided by (used in) investing activities (5,134) $ (5,929,461)
Cash Flows from Financing Activities:    
Proceeds from loans payable 1,241,362 $ 7,859,661
Repayments of loans payable (28,299)
Proceeds from loans payable to related parties 204,872 $ 141,511
Net cash provided by financing activities 1,413,843 8,001,172
Effect of exchange rate on cash (270,584) 209,046
Increase (decrease) in cash (14,766) 5,328
Cash at beginning of year 24,782 19,454
Cash at end of year $ 10,016 24,782
Cash paid for:    
Interest $ 154,635
Income taxes