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SEGMENT REPORTING (Tables)
9 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables present summary information by segment for the three and nine months ended March 31, 2017 and 2016, respectively:
 
 
 
For the three months Ended March 31, 2017
 
 
 
Shipping
 
 
 
Inland
 
 
 
 
 
 
 
 
 
Agency & Ship
 
Shipping &
 
Transportation
 
Freight
 
Container
 
 
 
 
 
Management
 
Chartering
 
Management
 
Logistic
 
Trucking
 
 
 
 
 
Services
 
Services
 
Services
 
Services
 
Services
 
Total
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
- Related party
 
$
-
 
$
-
 
$
762,777
 
$
-
 
$
-
 
$
762,777
 
- Third parties
 
$
-
 
$
-
 
$
771,063
 
$
827,908
 
$
385,863
 
$
1,984,834
 
Cost of revenues
 
$
-
 
$
-
 
$
79,983
 
$
699,578
 
$
352,652
 
$
1,132,213
 
Gross profit
 
$
-
 
$
-
 
$
1,453,857
 
$
128,330
 
$
33,211
 
$
1,615,398
 
Depreciation and amortization
 
$
-
 
$
-
 
$
5,655
 
$
5,370
 
$
-
 
$
11,025
 
Total capital expenditures
 
$
-
 
$
-
 
$
55,474
 
$
-
 
$
-
 
$
55,474
 
 
 
 
For the three months Ended March 31, 2016
 
 
 
Shipping
 
 
 
Inland
 
 
 
 
 
Agency & Ship
 
Shipping &
 
Transportation
 
 
 
 
 
Management
 
Chartering
 
Management
 
 
 
 
 
Services
 
Services
 
Services
 
Total
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
- Related party
 
$
-
 
$
-
 
$
556,948
 
$
556,948
 
- Third parties
 
$
232,901
 
$
-
 
$
383,920
 
$
616,821
 
Cost of revenues
 
$
184,388
 
$
-
 
$
436,154
 
$
620,542
 
Gross profit
 
$
48,513
 
$
-
 
$
504,714
 
$
553,227
 
Depreciation and amortization
 
$
8,622
 
$
1,093
 
$
5,226
 
$
14,941
 
Total capital expenditures
 
$
-
 
$
15,360
 
$
-
 
$
15,360
 
 
 
 
For the nine months ended March 31, 2017
 
 
 
Shipping
 
 
 
Inland
 
 
 
 
 
 
 
 
 
Agency & Ship
 
Shipping &
 
Transportation
 
Freight
 
Container
 
 
 
 
 
Management
 
Chartering
 
Management
 
Logistic
 
Trucking
 
 
 
 
 
Services
 
Services
 
Services
 
Services
 
Services
 
Total
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
- Related party
 
$
-
 
$
-
 
$
2,229,180
 
$
-
 
$
-
 
$
2,229,180
 
- Third parties
 
$
-
 
$
-
 
$
2,241,998
 
$
1,803,641
 
$
545,742
 
$
4,591,381
 
Cost of revenues
 
$
-
 
$
-
 
$
271,784
 
$
1,068,951
 
$
448,613
 
$
1,789,348
 
Gross profit
 
$
-
 
$
-
 
$
4,199,394
 
$
734,690
 
$
97,129
 
$
5,031,213
 
Depreciation and amortization
 
$
-
 
$
-
 
$
20,322
 
$
16,110
 
$
-
 
$
36,432
 
Total capital expenditures
 
$
-
 
$
-
 
$
55,474
 
$
-
 
$
-
 
$
55,474
 
 
 
 
For the nine months ended March 31, 2016
 
 
 
Shipping
 
 
 
Inland
 
 
 
 
 
Agency & Ship
 
Shipping &
 
Transportation
 
 
 
 
 
Management
 
Chartering
 
Management
 
 
 
 
 
Services
 
Services
 
Services
 
Total
 
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
 
- Related party
 
$
-
 
$
-
 
$
1,916,510
 
$
1,916,510
 
- Third parties
 
$
1,782,157
 
$
462,218
 
$
1,309,053
 
$
3,553,428
 
Cost of revenues
 
$
1,427,989
 
$
212,510
 
$
927,846
 
$
2,568,345
 
Gross profit
 
$
354,168
 
$
249,708
 
$
2,297,717
 
$
2,901,593
 
Depreciation and amortization
 
$
25,562
 
$
3,051
 
$
15,404
 
$
44,017
 
Total capital expenditures
 
$
3,302
 
$
15,360
 
$
-
 
$
18,662
 
 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Total assets as of:
 
 
 
March 31,
 
June 30,
 
 
 
2017
 
2016
 
 
 
 
 
 
 
Shipping Agency & Ship Management Services
 
$
-
 
$
1,271,948
 
Shipping & Chartering Services
 
 
-
 
 
534,896
 
Inland Transportation Management Services
 
 
9,745,774
 
 
7,247,300
 
Freight Logistic Services
 
 
7,159,321
 
 
-
 
Container Trucking Services
 
 
703,363
 
 
-
 
Total Assets
 
$
17,608,458
 
$
9,054,144