XML 18 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) from operations $ (945,035) $ (129,569)
Adjustments to reconcile net income to net cash used in operating activities:    
(Increase) decrease in other assets and prepaid expenses (169,947) (38,575)
Increase (decrease) in accounts payable and accrued expenses (4,454) (1,333,823)
Net cash provided by (used in) operating activities (1,119,435) (1,501,967)
Cash flows from investing activities:    
Land purchase 82,733 (82,733)
Deposit for acquisition (66,776)
Net cash provided by (used in) investing activities 82,733 (149,509)
Cash flows from financing activities:    
Changes in Common Stock Changes in Common stock and APIC 965,493 1,815,025
Change in other comprehensive loss Acc. Other comprehensive income (loss) 168,779 (76,273)
Common stock to be cancelled (90,000)
Changes in Treasury stock (6,394) (52)
Decrease in minority interest Adjustment in Accumulated deficit (87,108)
Net cash provided by (used in) financing activities 1,037,878 1,651,591
Net increase in cash and cash equivalents 1,177 115
Cash and cash equivalents, beginning of period 2,482 11,024
Cash and cash equivalents, end of period $ 3,659 $ 11,139