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Statements of Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid In Capital
Statutory Reserve
Retained Earnings
Accumulated Other Comprehensive Income
BALANCE at Jun. 30, 2014 $ 332,039,792 $ 32,362 $ 114,605,214 $ 22,540,394 $ 172,021,331 $ 22,840,491
BALACE, Shares at Jun. 30, 2014   32,362,534        
Net income 31,445,126 31,445,126
Issuance of stock for consulting services 205,103 $ 104 204,999
Issuance of stock for consulting services, shares   103,686        
Issuance of stock for payment of due to related party 626,847 $ 326 626,521
Issuance of stock for payment of due to related party, shares   326,483        
Stock based compensation 4,980,017 $ 1,750 4,978,267
Stock based compensation, shares   1,750,000        
Sale of common stock for cash 2,946,746 $ 1,363 2,945,383
Sale of common stock for cash, shares   1,362,495        
Dividend to common stockholders (2,161,904) (2,161,904)
Transfer to statutory reserve 2,490,294 (2,490,294)
Other comprehensive income 2,867,747 2,867,747
BALANCE at Jun. 30, 2015 372,949,474 $ 35,905 123,360,384 25,030,688 198,814,259 25,708,238
BALACE, Shares at Jun. 30, 2015   35,905,198        
Net income 24,704,193 24,704,193
Issuance of stock for consulting services 114,763 $ 73 114,690
Issuance of stock for consulting services, shares   73,407        
Stock based compensation 4,120,528 $ 1,670 4,118,858
Stock based compensation, shares   1,670,000        
Transfer to statutory reserve 2,173,173 (2,173,173)
Other comprehensive income (31,404,626) (31,404,626)
BALANCE at Jun. 30, 2016 $ 370,484,332 $ 37,648 $ 127,593,932 $ 27,203,861 $ 221,345,279 $ (5,696,388)
BALACE, Shares at Jun. 30, 2016   37,648,605