SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2021

Jun. 30, 2021

Accounting Policies [Abstract]

Schedule of Concentration of Risk

For our subsidiary, Wainwright, the concentration of risk and the relative reliance on major customers are found within the various funds it manages and the associated three and six month revenues as of December 31, 2021 compared with those at December 31, 2020 along with the accounts receivable – related parties as of December 31, 2021 and June 30, 2021 as depicted below.

	For the Three Months Ended				For the Three Months Ended
	December 31, 2021				December 31, 2020
	Revenue				Revenue
Fund
USO	$	2,975,211	52	%	$	4,202,851	68	%
BNO		470,879	8	%		638,111	10	%
UNG		686,360	12	%		592,230	10	%
USCI		495,779	9	%		216,151	4	%
All Others		1,073,155	19	%		500,072	8	%
Total	$	5,701,384	100	%	$	6,149,415	100	%

	For the Six Months Ended				For the Six Months Ended
	December 31, 2021				December 31, 2020
	Revenue				Revenue
Fund
USO	$	6,117,818	54	%	$	9,096,383	69	%
BNO		990,797	9	%		1,396,837	11	%
UNG		1,114,147	10	%		1,143,783	9	%
USCI		971,363	8	%		466,416	3	%
All Others		2,164,286	19	%		1,082,297	8	%
Total	$	11,358,411	100	%	$	13,185,716	100	%

	As of December 31, 2021				As of June 30, 2021
	Accounts Receivable				Accounts Receivable
Fund
USO	$	938,444	53	%	$	1,156,691	57	%
BNO		145,083	8	%		196,713	10	%
UNG		200,357	11	%		130,543	6	%
USCI		157,824	9	%		141,346	7	%
All Others		340,326	19	%		412,761	20	%
Total	$	1,782,034	100	%	$	2,038,054	100	%

For our subsidiary, Wainwright, the concentration of risk and the relative reliance on major customers are found within the various funds it manages and the associated 12 month revenues and accounts receivable – related parties as of June 30, 2021 and June 30, 2020 as depicted below.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	For the Three Months Ended				For the Three Months Ended
	December 31, 2021				December 31, 2020
	Revenue				Revenue
Fund
USO	$	2,975,211	52	%	$	4,202,851	68	%
BNO		470,879	8	%		638,111	10	%
UNG		686,360	12	%		592,230	10	%
USCI		495,779	9	%		216,151	4	%
All Others		1,073,155	19	%		500,072	8	%
Total	$	5,701,384	100	%	$	6,149,415	100	%

	For the Six Months Ended				For the Six Months Ended
	December 31, 2021				December 31, 2020
	Revenue				Revenue
Fund
USO	$	6,117,818	54	%	$	9,096,383	69	%
BNO		990,797	9	%		1,396,837	11	%
UNG		1,114,147	10	%		1,143,783	9	%
USCI		971,363	8	%		466,416	3	%
All Others		2,164,286	19	%		1,082,297	8	%
Total	$	11,358,411	100	%	$	13,185,716	100	%

	As of December 31, 2021				As of June 30, 2021
	Accounts Receivable				Accounts Receivable
Fund
USO	$	938,444	53	%	$	1,156,691	57	%
BNO		145,083	8	%		196,713	10	%
UNG		200,357	11	%		130,543	6	%
USCI		157,824	9	%		141,346	7	%
All Others		340,326	19	%		412,761	20	%
Total	$	1,782,034	100	%	$	2,038,054	100	%

	Year ended June 30, 2021				Year ended June 30, 2020
	Revenue				Revenue
Fund
USO	$	16,361,870	65	%	$	9,283,250	60	%
BNO		2,665,589	11	%		1,070,225	7	%
UNG		2,054,047	8	%		2,244,479	15	%
USCI		1,176,094	5	%		1,645,952	11	%
All Others		2,911,582	11	%		1,215,155	7	%
Total	$	25,169,182	100	%	$	15,459,061	100	%

Schedule of Useful Life of Assets

Category	Estimated Useful Life (in years)
Building	39
Plant and equipment:	5 to 10
Furniture and office equipment	3 to 5
Vehicles	3 to 5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)

Category	Estimated Useful Life (in years)
Building		39
Plant and equipment:		5 to 10
Furniture and office equipment:		3 to 5
Vehicles		3 to 5