SEGMENT REPORTING

3 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

9. SEGMENT REPORTING

ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company's internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company's business segments.

During the three months ended September 30, 2013, the Company began to engage in the delivery of shipping agency and logistic services. The Company's chief operating decision maker has been identified as the Chief Executive Officer who reviews the financial information of separate operating segments when making decisions about allocating resources and assessing performance of the group. Based on management's assessment, the Company has determined that it has two operating segments: shipping agency service and logistic services.

The following tables present summary information by segment for the three months ended September 30, 2013 and 2012, respectively:

	Three Months Ended  September 30, 2013
	Shipping Agency Service		Logistic Service		Consolidated
Revenues	$	1,430,661	$	1,887,000	$	3,317,661
Cost of revenues	$	1,112,803	$	1,275,000	$	2,387,803
Gross profit	$	317,858	$	612,000	$	929,858
Depreciation and amortization	$	27,342	$	233	$	27,575
Total capital expenditures	$	3,399	$	-	$	3,399
Total assets	$	6,024,154	$	1,102,185	$	7,126,340

	Three Months Ended September 30, 2012
	Shipping Agency Service		Logistic Service		Consolidated
Revenues	$	7,882,068	$	-	$	7,882,068
Cost of revenues	$	7,118,163	$	-	$	7,118,163
Gross profit	$	763,905	$	-	$	763,905
Depreciation and amortization	$	39,672	$	-	$	39,672
Total capital expenditures	$	144,248	$	-	$	144,248
Total assets	$	9,043,329	$	-	$	9,043,329