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SEGMENT REPORTING (Tables)
3 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables present summary information by segment for the three months ended September 30, 2016 and 2015, respectively:
 
 
 
For the three months Ended September 30, 2016
 
 
 
 
 
 
 
Inland
 
 
 
 
 
 
 
Shipping Agency &
 
 
 
Transportation
 
 
 
 
 
 
 
Ship Management
 
Shipping & Chartering
 
Management
 
Freight Logistic
 
 
 
 
 
Services
 
Services
 
Services
 
Services
 
Total
 
Revenues
 
$
-
 
$
-
 
$
1,485,735
 
$
458,667
 
$
1,944,402
 
Cost of revenues
 
$
-
 
$
-
 
$
104,001
 
$
202,338
 
$
306,339
 
Gross profit
 
$
-
 
$
-
 
$
1,381,734
 
$
256,329
 
$
1,638,063
 
Depreciation and amortization
 
$
-
 
$
-
 
$
7,972
 
$
5,370
 
$
13,342
 
Total capital expenditures
 
$
-
 
$
-
 
$
-
 
$
-
 
$
-
 
 
 
 
For the three months Ended September 30, 2015
 
 
 
 
 
 
 
Inland
 
 
 
 
 
 
 
Shipping Agency &
 
 
 
Transportation
 
 
 
 
 
 
 
Ship Management
 
Shipping & Chartering
 
Management
 
Freight Logistic
 
 
 
 
 
Services
 
Services
 
Services
 
Services
 
Total
 
Revenues
 
$
1,059,385
 
$
446,218
 
$
1,193,615
 
$
-
 
$
2,699,218
 
Cost of revenues
 
$
847,613
 
$
204,510
 
$
188,553
 
$
-
 
$
1,240,676
 
Gross profit
 
$
211,772
 
$
241,708
 
$
1,005,062
 
$
-
 
$
1,458,542
 
Depreciation and amortization
 
$
9,910
 
$
176
 
$
5,266
 
$
-
 
$
15,352
 
Total capital expenditures
 
$
927
 
$
-
 
$
-
 
$
-
 
$
927
 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Total assets as of:
 
 
 
September 30,
 
June 30,
 
 
 
2016
 
2016
 
 
 
 
 
 
 
Shipping Agency and Ship Management Services
 
$
-
 
$
1,271,948
 
Shipping & Chartering Services
 
 
-
 
 
534,896
 
Inland Transportation Management Services
 
 
9,331,229
 
 
7,247,300
 
Freight Logistic Services
 
 
163,112
 
 
-
 
Total Assets
 
$
9,494,341
 
$
9,054,144