Condensed Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Jun. 30, 2018	Jun. 30, 2017
Operating Activities
Net income	$ 523,107	$ 3,603,544
Adjustment to reconcile net income to net cash provided by (used in) operating activities:
Stock-based compensation - employees, management and directors	1,032,000
Amortization of stock-based compensation - consultants	621,834	599,846
Amortization of stock option expense	9,665	110,195
Depreciation and amortization	94,919	49,367
Provision for (recovery of) doubtful accounts	1,726,599	(18,912)
Deferred tax provision (benefit)	114,900	(749,400)
Changes in assets and liabilities
Increase in accounts receivable	(7,421,179)	(260,165)
Decrease (increase) in other receivables	(31,328)	249,768
Decrease (increase) in advances to suppliers-third parties	(662,144)	2,085,281
Increase in advances to suppliers-related party		(3,317,382)
Decrease (increase) in prepaid expenses	(280,627)	143,796
Increase in other long-term assets	(470,319)	(70,806)
Increase in due from related parties	(604,863)	(117,772)
Increase in advances from customers	38,174	343,790
Increase (decrease) in accounts payable	3,064,257	(272,474)
Increase in taxes payable	754,512	278,288
Increase (decrease) in due to related parties	(206,323)	206,323
Increase (decrease)in accrued expenses and other current liabilities	(110,836)	131,483
Net cash provided by (used in) operating activities	(1,807,652)	2,994,770
Investing Activities
Acquisition of property and equipment	(822,777)	(62,412)
Acquisition of intangible assets	(190,000)
Prepayment for acquisition of intangible assets	(1,440,107)
Net cash used in investing activities	(2,452,884)	(62,412)
Financing Activities
Proceeds from issuance of common stock, net	2,585,091	4,319,988
Proceeds from exercise of stock options		82,500
Net cash provided by financing activities	2,585,091	4,402,488
Effect of exchange rate fluctuations on cash and cash equivalents	39,962	12,902
Net increase (decrease) in cash and cash equivalents	(1,635,483)	7,347,748
Cash and cash equivalents at beginning of year	8,733,742	1,385,994
Cash and cash equivalents at end of year	7,098,259	8,733,742
Supplemental information
Income taxes paid	$ 68,268	$ 89,324

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