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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activitities    
Net income (loss) $ (1,287,531) $ 716,637
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock-based compensation - employess 473,000
Stock-based compensation - consultants 63,500 52,709
Amortization of stock - based compensation to management and employees 91,000 9,665
Amortization of stock - based compensation to consultants 189,708
Depreciation and amortization 25,715 13,203
Provision for (recovery of) doubtful accounts 871,081 (24,536)
Deferred tax provision (benefit) (194,500) 99,900
Changes in assets and liabilities    
Accounts receivable (3,709,059) (1,711,154)
Other receivables 67,499 (60,396)
Advances to suppliers-third parties (789,150) 20,481
Advances to suppliers-related party 3,322,210
Prepaid expenses (290,651) (50,390)
Other long-term assets - deposits (2,510,665)
Due from related parties 807,405 (570,000)
Advances from customers (250,650) 17,410
Accounts payable (2,804,782) 661,628
Taxes payable (35,535) 146,104
Due to related parties (73,462)
Accrued expenses and other current liabilities 122,962 (68,288)
Net cash used in operating activities (5,838,443) (820,489)
Investing Activities    
Acquisition of property and equipment (830) (5,077)
Net cash used in investing activities (830) (5,077)
Effect of exchange rate fluctuations on cash (271,955) 19,210
Net decrease in cash (6,111,228) (806,356)
Cash at beginning of period 7,098,259 8,733,742
Cash at end of period 987,031 7,927,386
Supplemental information    
Income taxes paid $ 9,108 $ 60,162