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v3.20.4

Consolidated Statements of Changes in Shareholders' Equity - USD ($) | Ordinary shares | Additional paid-in capital | Deferred share Compensation | Deficit | Statutory reserves | Accumulated other comprehensive income | Total
--- | --- | --- | --- | --- | --- | --- | ---
BALANCE at Jun. 30, 2017 | $ 2,388 | $ 38,662,377 |  | $ (42,242,951) | $ 6,248,092 | $ 7,209,078 | $ 9,878,984
BALANCE, Shares at Jun. 30, 2017 | 2,387,658 |  |  |  |  |  |
Sale of ordinary shares | $ 300 | 599,700 |  |  |  |  | 600,000
Sale of ordinary shares, shares | 300,000 |  |  |  |  |  |
Cancellation of ordinary shares issued for services | $ (57) | 57 |  |  |  |  |
Cancellation of ordinary shares issued for services | (56,859) |  |  |  |  |  |
Ordinary shares issued for services |  | 144,500 |  |  |  |  | 144,500
Ordinary shares issued for services, shares |  |  |  |  |  |  |
Ordinary shares issued for acquisition of subsidiary |  |  |  |  |  |  |
Ordinary shares issued for acquisition of equipment |  |  |  |  |  |  |
Ordinary shares issued for compensation | $ 475 | 1,243,526 |  |  |  |  | 1,244,001
Ordinary shares issued for compensation, shares | 475,195 |  |  |  |  |  |
Ordinary shares issued for debt repayment | $ 1,883 | 3,857,560 |  |  |  |  | 3,859,443
Ordinary shares issued for debt repayment, shares | 1,882,655 |  |  |  |  |  |
Ordinary shares issued for services | $ 500 | 2,824,500 | (2,825,000) |  |  |  |
Ordinary shares issued for services, shares | 500,000 |  |  |  |  |  |
Payments made by major shareholders for litigation |  | 1,028,148 |  |  |  |  | 1,028,148
Net loss |  |  |  | (7,399,965) |  |  | (7,399,965)
Foreign currency translation gain |  |  |  |  |  | 347,097 | 347,097
BALANCE at Jun. 30, 2018 | $ 5,489 | 48,360,368 | (2,825,000) | (49,642,916) | 6,248,092 | 7,556,175 | 9,702,208
BALANCE, shares at Jun. 30, 2018 | 5,488,649 |  |  |  |  |  |
Sale of ordinary shares | $ 296 | 949,704 |  |  |  |  | 950,000
Sale of ordinary shares, shares | 295,977 |  |  |  |  |  |
Ordinary shares issued for acquisition of subsidiary |  |  |  |  |  |  |
Ordinary shares issued for acquisition of equipment |  |  |  |  |  |  |
Ordinary shares issued for compensation | $ 550 | 1,319,450 |  |  |  |  | 1,320,000
Ordinary shares issued for compensation, shares | 550,000 |  |  |  |  |  |
Ordinary shares issued for services | $ 600 | 1,757,400 | (1,758,000) |  |  |  |
Ordinary shares issued for services, shares | 600,000 |  |  |  |  |  |
Unvested restricted ordinary shares issued to officers | $ 240 | 1,850,160 | (1,850,400) |  |  |  |
Unvested restricted ordinary shares issued to officers, shares | 240,000 |  |  |  |  |  |
Stock compensation expense |  |  | 3,272,200 |  |  |  | 3,272,200
Net loss |  |  |  | (14,388,530) |  |  | (14,388,530)
Foreign currency translation gain |  |  |  |  |  | (335,080) | (335,080)
BALANCE at Jun. 30, 2019 | $ 7,175 | 54,237,082 | (3,161,200) | (64,031,446) | 6,248,092 | 7,221,095 | 520,798
BALANCE, shares at Jun. 30, 2019 | 7,174,626 |  |  |  |  |  |
Sale of ordinary shares | $ 7,327 | 4,495,574 |  |  |  |  | 4,502,901
Sale of ordinary shares, shares | 7,327,274 |  |  |  |  |  |
Ordinary shares issued for services | $ 400 | 1,399,600 | (1,400,000) |  |  |  |
Ordinary shares issued for services, shares | 400,000 |  |  |  |  |  |
Ordinary shares issued for debt conversion | $ 3,679 | 5,626,570 |  |  |  |  | 5,630,249
Ordinary shares issued for debt conversion, shares | 3,679,327 |  |  |  |  |  |
Ordinary shares issued for acquisition of subsidiary | $ 1,989 | 1,887,810 |  |  |  |  | 1,889,799
Ordinary shares issued for acquisition of subsidiary, shares | 1,989,262 |  |  |  |  |  |
Ordinary shares issued for acquisition of equipment | $ 4,634 | 1,958,973 |  |  |  |  | 1,963,607
Ordinary shares issued for acquisition of equipment, shares | 4,633,333 |  |  |  |  |  |
Unvested restricted ordinary shares issued to officers | $ 420 | 84,180 | (84,600) |  |  |  |
Unvested restricted ordinary shares issued to officers, shares | 420,000 |  |  |  |  |  |
Stock compensation expense |  |  | 3,444,617 |  |  |  | 3,444,617
Net loss |  |  |  | (11,626,597) |  |  | (11,626,597)
Deconsolidation of discontinued operations |  |  |  | 13,734,311 | (6,248,092) | (7,486,219) |
Foreign currency translation gain |  |  |  |  |  | 265,124 | 265,124
BALANCE at Jun. 30, 2020 | $ 25,624 | $ 69,689,789 | $ (1,201,183) | $ (61,923,732) |  |  | $ 6,590,498
BALANCE, shares at Jun. 30, 2020 | 25,623,822 |  |  |  |  |  |

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