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PROPERTY, PLANT AND EQUIPMENT
9 Months Ended
Mar. 31, 2014
Property, Plant and Equipment [Abstract]  
Property Plant and Equipment Excluding Construction Progress Disclosure [Text Block]
NOTE 5 - PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment consist of the following:
 
 
 
March 31,
 
June 30,
 
 
 
2014
 
2013
 
Building and improvements
 
$
29,919,746
 
$
29,836,072
 
Auto
 
 
732,233
 
 
729,978
 
Machinery and equipment
 
 
87,149,667
 
 
88,901,647
 
Agriculture assets
 
 
826,040
 
 
-
 
Total property, plant and equipment
 
 
118,627,686
 
 
119,467,697
 
Less: accumulated depreciation
 
 
(44,381,037)
 
 
(29,862,910)
 
Total
 
$
74,246,649
 
$
89,604,787