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NON-CONTROLLING INTEREST

3 Months Ended

Sep. 30, 2014

Noncontrolling Interest Disclosure [Text Block]

9. NON-CONTROLLING INTEREST

Non-controlling interest consists of the following:

	September 30,		June 30,
	2014		2014

Sino-China:
Original paid-in capital	$	356,400	$	356,400
Additional paid-in capital		1,044		1,044
Accumulated other comprehensive loss		(93,631)		(64,872)
Accumulated deficit		(5,115,588)		(5,006,843)
		(4,851,775)		(4,714,271)
Trans Pacific Logistics Shanghai Ltd.		22,520		20,240
Total	$	(4,829,255)	$	(4,694,031)

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

+ References+ Details