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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 285,954 $ 871,704
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 174,505 114,736
Realized (gain) loss on sale of investments (84,901) 27,510
Unrealized loss on sale of investments 78,018 8,293
Realized (gain) on disposal of equipment (1,979) (1,680)
Decrease (increase) in current assets:    
Accounts receivable 12,770 98,528
Accounts receivable - related party 136,349 115,768
Inventories (154,928) (331,430)
Prepaid income tax and tax receivable (57,776) 37,455
Other current assets 67,197 54,826
Deferred tax assets, net (21,844)
Increase (decrease) in current liabilities:    
Accounts payable and accrued expenses (65,722) (377,801)
Expense waivers - related party (250,911) 59,023
Net cash provided by operating activities 138,576 655,088
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for acquisition of business assets (22,500)
Purchase of equipment-net of disposals (4,531) (237,924)
Sale of investments 100,000 79,655
Purchase of investments (102,000)
Net cash provided by (used in) investing activities 72,969 (260,269)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from equipment loan 178,604
Repayment of equipment loan (88,401) (7,368)
Net cash (used in) provided by financing activities (88,401) 171,236
Effect of exchange rate change on cash and cash equivalents (11,359) 32,824
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 111,785 598,879
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING BALANCE 7,524,114 6,730,486
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE 7,635,899 7,329,365
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid
Income taxes paid $ 6,000 $ 430,800