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v3.21.1

Unaudited Condensed Consolidated Statements of Stockholders’ Equity - USD ($) | Common Stock | Additional Paid In Capital | Statutory Reserve | Retained Earnings | Accumulated Other Comprehensive Income (loss) | Total
--- | --- | --- | --- | --- | --- | ---
Balance at Jun. 30, 2019 | $ 3,987 | $ 138,012,445 | $ 31,237,891 | $ 247,122,574 | $ (19,821,211) | $ 396,555,685
Balance (in Shares) at Jun. 30, 2019 | 3,986,912 |  |  |  |  |
Net income (loss) |  |  |  | (84,618,989) |  | (84,618,989)
Issuance of stock for consulting services | $ 931 | 10,251,069 |  |  |  | 10,252,000
Issuance of stock for consulting services (in Shares) | 931,000 |  |  |  |  |
Issuance of stock for convertible notes | $ 1,373 | 6,861,877 |  |  |  | 6,863,250
Issuance of stock for convertible notes (in Shares) | 1,372,650 |  |  |  |  |
Stock based compensation | $ 60 | 329,940 |  |  |  | 330,000
Stock based compensation (in Shares) | 59,567 |  |  |  |  |
Transfer to statutory reserve |  |  | (997,299) | 997,299 |  |
Other comprehensive income (loss) |  |  |  |  | (13,789,719) | (13,789,719)
Balance at Mar. 31, 2020 | $ 6,350 | 155,455,332 | 30,240,593 | 163,500,883 | (33,610,930) | 315,592,228
Balance (in Shares) at Mar. 31, 2020 | 6,350,129 |  |  |  |  |
Balance at Jun. 30, 2020 | $ 6,350 | 155,455,332 | 29,743,991 | 111,864,338 | (34,264,089) | 262,805,922
Balance (in Shares) at Jun. 30, 2020 | 6,350,129 |  |  |  |  |
Net income (loss) |  |  |  | (85,804,365) |  | (85,804,365)
Transfer to statutory reserve |  |  | (936,746) | 935,746 |  |
Other comprehensive income (loss) |  |  |  |  | 25,336,321 | 25,336,321
Balance at Mar. 31, 2021 | $ 6,350 | $ 155,455,332 | $ 28,808,244 | $ 26,995,719 | $ (8,927,768) | $ 202,337,877
Balance (in Shares) at Mar. 31, 2021 | 6,350,129 |  |  |  |  |

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