PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consist of the following:

	September 30,		June 30,
	2014		2014
Building and improvements	$	29,930,241	$	29,930,240
Auto		732,684		732,684
Machinery and equipment		36,424,759		36,193,501
Agriculture assets		826,549		826,549
Total property, plant and equipment		67,914,233		67,682,974
Less: accumulated depreciation		(20,638,237)		(19,621,363)
Total	$	47,275,996	$	48,061,611

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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