SEGMENT REPORTING

6 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 16. 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.

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 three operating segments: shipping agency service, shipping and chartering services, and inland transportation management services.

The following tables present summary information by segment for the six and three months ended December 31, 2015 and 2014, respectively:

	For the six months Ended December 31, 2015
	Shipping Agency & Ship Management Services		Shipping & Chartering Services		Inland Transportation Management Services		Total
Revenues	$	1,549,256	$	462,218	$	2,284,695	$	4,296,169
Cost of revenues	$	1,243,601	$	212,510	$	491,692	$	1,947,803
Gross profit	$	305,655	$	249,708	$	1,793,003	$	2,348,366
Depreciation and amortization	$	16,940	$	1,958	$	10,178	$	29,076
Total capital expenditures	$	3,302	$	-	$	-	$	3,302
Total assets	$	4,024,625	$	414,710	$	6,608,391	$	11,047,726

	For the six months Ended December 31, 2014
	Shipping Agency & Ship Management Services		Shipping & Chartering Services		Inland Transportation Management Services		Total
Revenues	$	3,459,790	$	-	$	2,238,715	$	5,698,505
Cost of revenues	$	2,776,790	$	-	$	307,224	$	3,084,014
Gross profit	$	683,000	$	-	$	1,931,491	$	2,614,491
Depreciation and amortization	$	102,692	$	-	$	5,672	$	108,364
Total capital expenditures	$	27,108	$	-	$	-	$	27,108
Total assets	$	3,510,977	$	-	$	4,011,947	$	7,522,924

	For the three months Ended December 31, 2015
	Shipping Agency & Ship Management Services		Shipping & Chartering Services		Inland Transportation Management Services		Total
Revenues	$	489,871	$	16,000	$	1,091,080	$	1,596,951
Cost of revenues	$	395,988	$	8,000	$	303,139	$	707,127
Gross profit	$	93,883	$	8,000	$	787,941	$	889,824
Depreciation and amortization	$	7,030	$	1,782	$	4,911	$	13,723
Total capital expenditures	$	2,375	$	-	$	-	$	2,375
Total assets	$	4,024,625	$	414,710	$	6,608,391	$	11,047,726

	For the three months Ended December 31, 2014
	Shipping Agency & Ship Management Services		Shipping & Chartering Services		Inland Transportation Management Services		Total
Revenues	$	1,800,499	$	-	$	1,292,081	$	3,092,580
Cost of revenues	$	1,493,285	$	-	$	181,576	$	1,674,861
Gross profit	$	307,214	$	-	$	1,110,505	$	1,417,719
Depreciation and amortization	$	49,948	$	-	$	2,856	$	52,804
Total capital expenditures	$	11,769	$	-	$	-	$	11,769
Total assets	$	3,510,977	$	-	$	4,011,947	$	7,522,924