Singularity Future Technology (SGLY) 10-K 18 Sep 15 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Registrant Name	Sino-Global Shipping America, Ltd.
Entity Central Index Key	1,422,892
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$ 4,851,865.58
Trading Symbol	SINO
Entity Common Stock, Shares Outstanding	8,370,841

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - Entity [Domain] - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Current assets
Cash and cash equivalents	$ 730,322	$ 902,531
Advances to suppliers	50,975	8,482
Accounts receivable, less allowance for doubtful accounts of $477,240 and $443,858 as of June 30, 2015 and 2014, respectively	3,082,219	481,885
Other receivables, less allowance for doubtful accounts of $241,604 and $250,100 as of June 30, 2015 and June 30,2014, respectively	191,972	174,406
Prepaid expense and other current assets	1,265,609	216,729
Due from related parties	2,784,591	3,173,765
Total Current Assets	8,105,688	4,957,798
Property and equipment, net	214,003	294,722
Prepaid expenses - noncurrent	436,351	280,800
Other long-term assets	2,773,908	16,734
Deferred tax assets	280,600	163,900
Total Assets	11,810,550	5,713,954
Current liabilities
Advances from customers	126,201	88,477
Accounts payable	691,588	398,756
Accrued expenses	23,411	177,877
Taxes payable	996,648	207,457
Other current liabilities	76,196	358,228
Total Current Liabilities	1,914,044	1,230,795
Total Liabilities	$ 1,914,044	$ 1,230,795
Commitments and Contingency
Equity
Preferred stock, 2,000,000 shares authorized, no par value, none issued.	$ 0	$ 0
Common stock, 50,000,000 shares authorized, no par value; 7,996,032 and 5,229,032 shares issued as of June 30, 2015 and 2014; 7,870,841 and 5,103,841 outstanding as of June 30, 2015 and 2014	16,303,327	11,662,157
Additional paid-in capital	1,144,842	1,144,842
Treasury stock, at cost - 125,191 shares	(372,527)	(372,527)
Accumulated deficit	(2,552,870)	(3,270,260)
Accumulated other comprehensive income	91,432	24,618
Unearned stock-based compensation	(7,760)	(11,640)
Total Sino-Global Shipping America Ltd. Stockholders' equity	14,606,444	9,177,190
Non-controlling Interest	(4,709,938)	(4,694,031)
Total Equity	9,896,506	4,483,159
Total Liabilities and Equity	$ 11,810,550	$ 5,713,954

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Accounts receivable, allowance for doubtful accounts	$ 477,240	$ 443,858
Other receivables, allowance for doubtful accounts	$ 241,604	$ 250,100
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock par value	$ 0	$ 0
Preferred Stock, Shares Issued	0	0
Common stock, shares authorized	50,000,000	50,000,000
Common stock par value	$ 0	$ 0
Common stock, shares issued	7,996,032	5,229,032
Common stock, shares outstanding	7,870,841	5,103,841
Treasury stock, shares	125,191	125,191

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - Entity [Domain] - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Net revenues	$ 11,320,628	$ 11,644,392
Cost of revenues	(5,936,283)	(7,613,459)
Gross profit	5,384,345	4,030,933
General and administrative expenses	(4,304,329)	(3,470,669)
Selling expenses	(63,219)	(260,134)
Costs and expenses	(4,367,548)	(3,730,803)
Operating income	1,016,797	300,130
Financial income (expense), net	14,200	(50,170)
Other income, net	40,146	264,349
Nonoperating Income (Expense)	54,346	214,179
Net income before provision for income taxes	1,071,143	514,309
Income tax expense	(427,221)	(79,823)
Net income	643,922	434,486
Net loss attributable to non-controlling interest	(73,468)	(1,151,867)
Net income attributable to Sino-Global Shipping America, Ltd.	717,390	1,586,353
Comprehensive income
Net income	643,922	434,486
Foreign currency translation gain	124,375	1,493
Comprehensive income	768,297	435,979
Less: Comprehensive loss attributable to non-controlling interest	(15,907)	(1,120,201)
Comprehensive income attributable to Sino-Global Shipping America, Ltd.	$ 784,204	$ 1,556,180
Earnings per share
-Basic and diluted	$ 0.11	$ 0.34
Weighted average number of common shares used in computation
-Basic and diluted	6,443,096	4,721,923

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities
Net income	$ 643,922	$ 434,486
Adjustment to reconcile net income to net cash used in operating activities
Amortization of stock-based compensation to consultants	512,269	0
Amortization of stock option expense	3,880	3,880
Depreciation and amortization	165,088	155,657
Provision for (recovery of) doubtful accounts	33,382	(246,206)
Deferred tax benefit	(116,700)	(50,445)
Gain on disposition of property and equipment	(20,693)	(385)
Changes in assets and liabilities
(Increase) decrease in advances to suppliers	(42,493)	223,290
(Increase) decrease in accounts receivable	(2,633,716)	201,155
(Increase) decrease in other receivables	(17,566)	16,154
Increase in other current assets	0	(17,041)
(Increase) decrease in prepaid expense	(296,750)	26,288
(Increase) decrease in other long-term assets	(20,943)	1,544
Increase in due from related parties	(724,425)	(1,473,752)
Increase (decrease) in advances from customers	37,724	(506,066)
Increase (decrease) in accounts payable	292,832	(230,745)
Decrease (increase) in accrued expenses	(154,466)	126,525
Increase in taxes payable	789,188	201,375
Decrease in other current liabilities	(248,631)	(108,185)
Net cash used in operating activities	(1,798,098)	(1,242,471)
Investing Activities
Acquisitions of property and equipment	(84,102)	(203,252)
Proceeds from sale of fixed assets	80,661	854
Received from (Payment to) related party	1,113,599	(1,158,636)
Installment payment related to vessel acquisition	(516,229)	0
Net cash provided by (used in) investing activities	593,929	(1,361,034)
Financing Activities
Proceeds from issuance of common stock	967,820	444,000
Net cash provided by financing activities	967,820	444,000
Effect of exchange rate fluctuations on cash and cash equivalents	64,140	13,205
Net decrease in cash and cash equivalents	(172,209)	(2,146,300)
Cash and cash equivalents at beginning of year	902,531	3,048,831
Cash and cash equivalents at end of year	730,322	902,531
Supplemental information:
Income taxes paid	8,104	24,841
Non-cash transactions of operating activities:
Settlement of related accounts receivable and payable	0	2,589,739
Consultants [Member]
Non-cash transactions of operating activities:
Shares issued	1,419,950	468,000
LSM Acquisition [Member]
Non-cash transactions of operating activities:
Shares issued	33,400	0
Vessel Acquisition [Member]
Non-cash transactions of operating activities:
Shares issued	$ 2,220,000	$ 0

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)	Total	Stockholders' Equity, Total [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Distributions in Excess of Net Income [Member]	Deferred Compensation, Share-based Payments [Member]	Noncontrolling Interest [Member]
Balance at Jun. 30, 2013	$ 3,131,300	$ 6,705,130	$ 10,750,157	$ 1,144,842	$ (372,527)	$ (4,856,613)	$ 54,791	$ (15,520)	$ (3,573,830)
Balance (in shares) at Jun. 30, 2013			4,829,032
Issuance of common stock	912,000	912,000	$ 912,000
Issuance of common stock (in shares)			400,000
Amortization of stock options	3,880	3,880						3,880
Foreign currency translation	1,493	(30,173)					(30,173)		31,666
Net income	434,486	1,586,353				1,586,353			(1,151,867)
Balance at Jun. 30, 2014	4,483,159	9,177,190	$ 11,662,157	1,144,842	(372,527)	(3,270,260)	24,618	(11,640)	(4,694,031)
Balance (in shares) at Jun. 30, 2014			5,229,032
Issuance of common stock	4,641,170	4,641,170	$ 4,641,170
Issuance of common stock (in shares)			2,767,000
Amortization of stock options	3,880	3,880						3,880
Foreign currency translation	124,375	66,814					66,814		57,561
Net income	643,922	717,390				717,390			(73,468)
Balance at Jun. 30, 2015	$ 9,896,506	$ 14,606,444	$ 16,303,327	$ 1,144,842	$ (372,527)	$ (2,552,870)	$ 91,432	$ (7,760)	$ (4,709,938)
Balance (in shares) at Jun. 30, 2015			7,996,032

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
Organization Consolidation and Presentation Of Financial Statements Disclosure [Text Block]	1. ORGANIZATION AND NATURE OF BUSINESS Founded in the United States (“US”) in 2001, Sino-Global Shipping America, Ltd. (“Sino-Global” or the “Company”) is a shipping agency, logistics and ship management services company. The Company’s current service offerings consist of shipping agency services, shipping and chartering services, inland transportation management services and ship management services. The Company conducts its business primarily through its wholly-owned subsidiaries in China, Hong Kong, Australia, Canada and New York. Substantially all of the Company’s business is generated from clients located in the People’s Republic of China (the “PRC”), and its operations are primarily conducted in the PRC and Hong Kong. The Company’s subsidiary in China, Trans Pacific Shipping Limited (“Trans Pacific Beijing”), a wholly owned foreign enterprise, invested in one 90%-owned subsidiary, Trans Pacific Logistics Shanghai Limited (“Trans Pacific Shanghai”. Trans Pacific Beijing and Trans Pacific Shanghai are referred to collectively as “Trans Pacific”) The Company’s shipping agency business is operated by its subsidiaries in Hong Kong and Australia. The Company’s shipping and chartering services as well as its ship management services are operated by its HK subsidiary. The Company’s inland transportation management services are operated by its subsidiary in China.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The financial statements include the accounts of all directly, indirectly owned subsidiaries and variable interest entity. All intercompany transactions and balances have been eliminated in consolidation. In the opinion of management, all adjustments considered necessary to give a fair presentation have been included. Certain prior year balances were reclassified to conform to the current year presentation. These reclassifications have no material impact on the previously reported financial position, results of operations or cash flows. The consolidated financial statements include the accounts of the Company, its subsidiaries, and its affiliates. All intercompany transactions and balances are eliminated in consolidation. Sino-China is considered a variable interest entity (“VIE”), and the Company is the primary beneficiary. The Company through Trans Pacific Beijing entered into agreements with Sino-China, pursuant to which the Company receives 90 As a VIE, Sino-China’s revenues are included in the Company’s total revenues, and its income (loss) from operations is consolidated with the Company’s. Because of the contractual arrangements, the Company had a pecuniary interest in Sino-China that requires consolidation of the Company’s and Sino-China’s financial statements. The Company has consolidated Sino-China’s operating results because the entities are under common control in accordance with ASC 805-10, “Business Combinations”. The agency relationship between the Company and Sino-China and its branches is governed by a series of contractual arrangements pursuant to which the Company has substantial control over Sino-China. Management makes ongoing reassessments of whether the Company is the primary beneficiary of Sino-China. June 30, June 30, 2015 2014 Total current assets $ 59,069 $ 173,273 Total assets 189,499 419,048 Total current liabilities 19,732 312,521 Total liabilities 19,732 312,521 We follow the provisions of ASC 820, Fair Value Measurements and Disclosures, which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1 — Observable inputs such as unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2 — Inputs other than quoted prices that are observable for the asset or liability in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3 — Unobservable inputs that reflect management’s assumptions based on the best available information. The carrying value of accounts receivable, other receivables, other current assets, and current liabilities approximate their fair values because of the short-term nature of these instruments. The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Estimates are adjusted to reflect actual experience when necessary. Significant accounting estimates reflected in the Company’s consolidated financial statements include revenue recognition, fair value of stock options, cost of revenues, allowance for doubtful accounts, deferred income taxes, and the useful lives of property and equipment. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates. The accounts of the Company and its subsidiaries, including Sino-China and each of its branches are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The Company’s functional currency is the US dollars (“USD”) while Sino-China reports its financial position and results of operations in Renminbi (“RMB”). The accompanying consolidated financial statements are presented in US dollars. Foreign currency transactions are translated into US dollars using the fixed exchange rates in effect at the time of the transaction. Generally, foreign exchange gains and losses resulting from the settlement of such transactions are recognized in the consolidated statements of operations. The Company translates foreign currency financial statements of Sino-China, Sino-Global Shipping Australia, Sino-Global Shipping Hong Kong, Sino-Global Shipping Canada and Trans Pacific Beijing in accordance with ASC 830-10, “Foreign Currency Matters”. Assets and liabilities are translated at current exchange rates quoted by the People’s Bank of China at the balance sheet dates and revenues and expenses are translated at average exchange rates in effect during the year. Resulting translation adjustments are recorded as other comprehensive income (loss) and accumulated as a separate component of equity of the Company and also included in non-controlling interest. June 30, 2015 2014 Foreign currency Balance Profits/Loss Balance Profits/Loss RMB:1USD 6.1988 6.1877 6.2043 6.1374 1AUD:USD 1.2986 1.2027 1.0609 1.0898 1HKD:USD 7.7520 7.7537 7.7503 7.7552 1CAD:USD 1.2475 1.1740 1.0672 1.0704 Cash and cash equivalents consist of cash on hand, and other highly liquid investments which are unrestricted as to withdrawal or use, and which have maturities of three months or less when purchased. The Company maintains cash and cash equivalents with various financial institutions mainly in the PRC, Australia, Hong Kong and the United States. As of June 30, 2015 and 2014, cash balances of $ 65,191 262,885 Accounts receivable are presented at net realizable value. The Company maintains allowances for doubtful accounts for estimated losses. The Company reviews its accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balances, customers’ historical payment history, their current credit-worthiness and current economic trends. Receivables are considered past due after 365 days. Accounts are written off after exhaustive efforts at collection. As of June 30, 2015 and 2014, the allowance for doubtful accounts totaled $ 477,240 443,858 Net property and equipment are stated at historical cost less accumulated depreciation. Historical cost comprises its purchase price and any directly attributable costs of bringing the assets to its working condition and location for its intended use. Buildings 20 Motor vehicles 5 10 Furniture and office equipment 3 5 The carrying value of a long-lived asset is considered impaired by the Company when the anticipated undiscounted cash flows from such asset is less than its carrying value. If impairment is identified, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved or based on independent appraisals. Management has determined that there were no impairments at the balance sheet dates. ⋅ Revenues from shipping agency services are recognized upon completion of services, which coincides with the date of departure of the relevant vessel from port. Advance payments and deposits received from customers prior to the provision of services and recognition of the related revenues are presented as advances from customers. ⋅ Revenues from shipping and chartering services are recognized upon performance of services as stipulated in the underlying contract. ⋅ Revenues from inland transportation management services are recognized when commodities are being released from the customer’s warehouse. ⋅ Revenues from ship management services are recognized when the related contractual services are rendered. Because the Company and its subsidiaries and Sino-China are incorporated in different jurisdictions, they file separate income tax returns. The Company uses the liability method of accounting for income taxes in accordance with US GAAP. Deferred taxes, if any, are recognized for the future tax consequences of temporary differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements. A valuation allowance is provided against deferred tax assets if it is more likely than not that the asset will not be utilized in the future. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense. The Company had no uncertain tax positions as of June 30, 2015 and 2014, respectively. Income tax returns for the years prior to 2012 are no longer subject to examination by US tax authorities. PRC Enterprise Income Tax PRC enterprise income tax is calculated based on taxable income determined under PRC GAAP at 25 PRC Business Tax and Surcharges Revenues from services provided by Sino-China and Trans Pacific are subject to the PRC business tax of 5 In addition, under the PRC regulations, Sino-China is required to pay the city construction tax ( 7 3 Sino-China reports its revenues net of PRC’s business tax and surcharges for all the periods presented in the consolidated statements of operations. Basic earnings per share is computed by dividing net income attributable to holders of common shares by the weighted average number of common shares outstanding during the years. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common shares were exercised or converted into common shares. Common share equivalents are excluded from the computation of diluted earnings per share if their effects would be anti-dilutive as the exercise prices for such options and warrants were at least equal to the closing price of our common stock on June 30, 2015. The effect of 66,000 139,032 The Company reports comprehensive income in accordance with the FASB issued authoritative guidance which establishes standards for reporting comprehensive income and its component in financial statements. Comprehensive income, as defined, includes all changes in equity during a period from non-owner sources . Valuations are based upon highly subjective assumptions about the future, including stock price volatility and exercise patterns. The fair value of share-based payment awards was estimated using the Black-Scholes option pricing model. Expected volatilities are based on the historical volatility of the Company’s stock. The Company uses historical data to estimate option exercise and employee terminations. The expected term of options granted represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The operations of the Company are primarily located in the PRC. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by the political, economic, and legal environments in the PRC, as well as by the general state of the PRC economy. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by exchanges in the political, regulatory and social conditions in the PRC, and by changes in governmental policies or interpretations with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things. In addition, the Company only controls Sino-China through a series of agreements. If such agreements were cancelled, modified or otherwise not complied with, the Company may not be able to retain control of this consolidated entity and the impact could be material to the Company’s operations. Business combinations are accounted for under the purchase method of accounting. Under the purchase method, assets and liabilities of the business acquired are recorded at their estimated fair values as of the date of acquisition with any excess of the cost of the acquisition over the fair value of the net tangible and intangible assets acquired recorded as goodwill. Results of operations of the acquired business are included in the income statement from the date of acquisition. Other current liabilities in the prior period have been reclassified to taxes payable and other current liabilities. Prepaid expense in the prior period has been reclassified to indicate the noncurrent portion. The reclassification has no effect on the previously reported total assets, liabilities, equity, results of operations and cash flows. On January 9, 2015, FASB published ASU 2015-01, Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The ASU applies to all entities and is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have material impact on the Company's consolidated financial statement. In February 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures. This ASU will be effective for periods beginning after December 15, 2015, for public companies. Management is evaluating the potential impact, if any, on the Company’s financial position and results of operations. In April 2015, the FASB issued ASU No. 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update 2015-11: Simplifying the Measurement of Inventory. This update requires inventory to be measured at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. This update will be effective for the Company for all annual and interim periods beginning after December 15, 2016. The amendments in this update should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. The Company does not expect this update will have a material impact on the presentation of the Company's condensed consolidated financial statements. In August 2015, the FASB has issued Accounting Standards Update (ASU) No. 2015-15, Interest - Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting

ACQUISITION OF LONGHE SHIP MANA

ACQUISITION OF LONGHE SHIP MANAGEMENT COMPANY	12 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	3. ACQUISITION OF LONGHE SHIP MANAGEMENT COMPANY On August 8, 2014, the Company entered into an agreement to acquire all of the equity of Longhe Ship Management (Hong Kong) Co., Limited (“LSM”) from Mr. Deming Wang to further broaden its service platform. Mr. Deming Wang is a shareholder of the Company who held approximately 3.6 20,000 200,000 50,000 50,000 On September 8, 2014, the closing date, LSM’s total assets were $ 199,482 2.6 26,655 2.6 23,289 47,409 128,784 24,054 2,022 579 As of and for the Year Ended June 30, 2015 SINO Group LSM Elimination Combined Revenues $ 11,130,540 $ 285,042 $ - $ 11,415,582 Cost of revenues $ 5,839,839 $ 144,621 $ - $ 5,984,460 Gross profit $ 5,290,701 $ 140,421 $ - $ 5,431,122 Net income $ 551,691 $ 136,308 $ - $ 687,999 Total assets $ 11,843,612 $ 394 $ (33,456) $ 11,810,550 Total Liabilities $ 1,911,890 $ 2,154 $ - $ 1,914,044 As of and for the Year Ended June 30, 2014 SINO Group LSM Elimination Combined Revenues $ 11,644,392 $ - $ - $ 11,644,392 Cost of revenues $ 7,613,459 $ - $ - $ 7,613,459 Gross profit $ 4,030,933 $ - $ - $ 4,030,933 Net income $ 434,486 $ - $ - $ 434,486 Total assets $ 5,713,954 $ - $ - $ 5,713,954 Total Liabilities $ 1,230,795 $ - $ - $ 1,230,795 Due to concerns of the financial viability of the vessel owners and their ability to pay ship management fees to the Company, Sino-Global stopped providing ship management services to these owners since early January 2015. While the Company does not currently serve any other customers in this business segment, it is in discussions with a number of potential customers to provide such services. In April 2015, the Company and Mr. Wang executed a satisfaction agreement whereby Sino-Global shall release from escrow 20,000 30,000

ADVANCES TO SUPPLIERS

ADVANCES TO SUPPLIERS	12 Months Ended
	Jun. 30, 2015
Advances To Suppliers [Abstract]
Advances To Suppliers [Text Block]	4. ADVANCES TO SUPPLIERS June 30, June 30, 2015 2014 Sainuo Investment Management Ltd $ 48,396 $ - Others 2,579 8,482 Total $ 50,975 $ 8,482 On November 3, 2014, the Company entered into an advisory service agreement with Sainuo Investment Management Ltd. ( “Sainuo”) whereby Sainuo, a professional services firm based in the PRC specializing in mergers and acquisitions, business restructuring and appraisal, had been engaged to assist the Company in the identification of suitable acquisition candidates, performance of required due diligence and other business advisory services. Pursuant to the service agreement, Sainuo will be paid a service fee (which amount is calculated based on 8 3.5 300,000 3.2 300,000 48,396

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Jun. 30, 2015
Accounts Receivable and Payable [Abstract]
Accounts Receivable Net Disclosure [Text Block]	5. ACCOUNTS RECEIVABLE, NET June 30, June 30, 2015 2014 Trade accounts receivable $ 3,559,459 $ 925,743 Less: allowances for doubtful accounts (477,240) (443,858) Accounts receivables, net $ 3,082,219 $ 481,885 In September 2015, the Company collected RMB 2 million from a major customer to reduce the outstanding trade receivables.

OTHER RECEIVABLES _ OTHER CURRE

OTHER RECEIVABLES / OTHER CURRENT LIABILITIES	12 Months Ended
	Jun. 30, 2015
Other Assets And Other Liabilities Disclosure Current [Abstract]
Other Assets And Other Liabilities Disclosure Current [Text Block]	6. OTHER RECEIVABLES / OTHER CURRENT LIABILITIES Other receivables represent mainly travel and business advances to employees, as well as deposit. Other current liabilities represent mainly payroll and welfare payable and other miscellaneous items.

PREPAID EXPENSES AND OTHER CURR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expenses Disclosure [Text Block]	7. PREPAID EXPENSES AND OTHER CURRENT ASSETS June 30, June 30, 2015 2014 Consultant fees (See note 11) $ 1,375,681 $ 468,000 Advance to employees 166,772 - Insurance 77,584 - Legal - 24,802 Other 81,923 4,727 Total 1,701,960 497,529 Less current portion 1,265,609 216,729 Total noncurrent portion $ 436,351 $ 280,800

PROPERTY AND EQUIPMENT, NET.

PROPERTY AND EQUIPMENT, NET.	12 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	8. PROPERTY AND EQUIPMENT, NET. June 30, June 30, 2015 2014 Land and building $ 217,144 $ 216,951 Motor vehicles 534,825 710,148 Computer equipment 146,739 133,145 Office equipment 62,745 50,790 Furniture and fixtures 156,085 100,021 System software 128,286 128,178 Leasehold improvement 68,758 68,697 Total 1,314,582 1,407,930 Less: Accumulated depreciation and amortization 1,100,579 1,113,208 Property and equipment, net $ 214,003 $ 294,722 Depreciation and amortization expense for the years ended June 30, 2015 and 2014 was $ 165,088 155,657

OTHER LONG-TERM ASSETS

OTHER LONG-TERM ASSETS	12 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets Disclosure [Text Block]	9. OTHER LONG-TERM ASSETS June 30, June 30, 2015 2014 Installment payment related to Vessel acquisition $ 2,736,229 $ - Rent deposit 37,679 16,734 Total $ 2,773,908 $ 16,734 On April 10, 2015, the Company entered into an Asset Purchase Agreement with Rong Yao International Shipping Limited, a Hong Kong company (the “Vessel Seller”), pursuant to which the Company agreed to acquire, subject to a number of closing conditions, the “Rong Zhou,” an 8,818 gross tonnage oil/chemical transportation tanker (the “Vessel”) from the Vessel Seller; and in connection therewith, the Company issued to the Vessel Seller 1.2 2,220,000 10.5 1.85 2,736,229 3.2 516,229

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
Compensation and Employee Benefit Plans [Text Block]	10. STOCK-BASED COMPENSATION On January 31, 2013, the Company issued options to a member of the audit committee to purchase 10,000 46,000 46,954 36,000 June 30, 2015 June 30, 2014 Shares Weighted Shares Weighted Options outstanding, beginning of year 66,000 $ 6.88 102,000 $ 6.90 Granted - - - - Canceled, forfeited or expired - $ - (36,000) $ 7.75 Options outstanding, end of year 66,000 $ 6.88 66,000 $ 6.88 Options exercisable, end of year 60,000 $ 7.37 58,000 $ 7.55 Outstanding Options Exercisable Options Exercise Price Number Average Average Exercise Number Average $ 7.75 56,000 3.0 years $ 7.75 56,000 3.0 years $ 2.01 10,000 2.6 years $ 2.01 4,000 2.6 years 66,000 60,000 The issuance of the Options is exempted from registration under the Securities Act of 1933, as amended (the “Act”). The Options will vest at a rate of 20% per year, with 20% vesting initially when granted. 10 year 2.01 10,000 The fair value of share-based compensation was estimated using the Black-Scholes option pricing model. The aggregate fair value of $ 7,760 11,640 3,880 3,880 Black-Scholes Option Pricing Model for 2008 options Assumptions: Stock Price $ 7.75 Strike Price $ 7.75 Volatility 173.84 % Risk-free Rate 3.02 % Expected life 5 yrs Dividend Yield 0.00 % Number of Options 66,000 Black-Scholes Option Pricing Model for 2013 options Assumptions: Stock Price $ 1.94 Strike Price $ 2.01 Volatility 452.04 % Risk-free Rate 0.88 % Expected life 5 yrs Dividend Yield 0.00 % Number of Options 10,000 In connection with the initial public offering of the Company’s common stock on May 20, 2008, 139,032 9.30 10 Warrants Outstanding Warrants Exercisable Weighted Average 139,032 139,032 $ 9.30 3.0 years

EQUITY TRANSACTIONS

EQUITY TRANSACTIONS	12 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	11. EQUITY TRANSACTIONS On June 27, 2014, the Company entered into an Underwriting Agreement (the “Underwriting Agreement”) with National Securities Corporation (the “Underwriter”) relating to the registered offering of 572,000 1.76 30 85,800 75,000 647,000 1 The Company entered into management consulting and advisory services agreements with two consultants on June 6, 2014, pursuant to which the consultants should assist the Company in, among other things, financial and tax due diligence, business evaluation and integration, development of proforma financial statements. In return for their services, as approved by the Company’s Board of Directors, a total of 600,000 200,000 2.34 400,000 1.68 On August 22, 2014, the Company issued 50,000 20,000 30,000 On April 10, 2015, the Company entered into an Asset Purchase Agreement with Rong Yao International Shipping Limited, a Hong Kong company (the “Vessel Seller”), pursuant to which the Company agreed to acquire, subject to a number of closing conditions, the “Rong Zhou,” an 8,818 gross tonnage oil/chemical transportation tanker (the “Vessel”) from the Vessel Seller; a nd in connection therewith 1.2 2,220,000 10.5 1.85 7,500 3,500 On May 5, 2015, the Company entered into management consulting and advisory services agreements with three consultants, pursuant to which the consultants should assist the Company in, among other things, review of time charter agreements; crew management advisory; development of permanent and preventive maintenance standards related to dry dockings and ship repairs; development of regular technical and marine vessel inspections and quality control procedures; and development and implementation of alternative remedial actions to address any technical problems that may arise. In return for their services, as approved by the Company’s Board of Directors, a total of 500,000 1.50

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST	12 Months Ended
	Jun. 30, 2015
Noncontrolling Interest [Abstract]
Noncontrolling Interest Disclosure [Text Block]	12. NON-CONTROLLING INTEREST June 30, June 30, 2015 2014 Sino-China: Original paid-in capital $ 356,400 $ 356,400 Additional paid-in capital 1,044 1,044 Accumulated other comprehensive loss (67,640) (64,872) Accumulated deficit (5,018,688) (5,006,843) (4,728,884) (4,714,271) Trans Pacific Logistics Shanghai Ltd. 18,946 20,240 Total $ (4,709,938) $ (4,694,031)

COMMITMENTS AND CONTINGENCY

COMMITMENTS AND CONTINGENCY	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	13. COMMITMENTS AND CONTINGENCY (a) Office leases Amount Twelve months ending June 30, 2016 $ 168,345 2017 99,885 2018 65,711 2019 67,492 Thereafter 11,298 $ 412,731 Rent expense for the years ended June 30, 2015 and 2014 was $ 205,838 205,753 (b) Contingency The Labor Contract Law of the People’s Republic of China requires employers to insure the liability of the severance payments if employees are terminated and have been working for the employers for at least two years prior to January 1, 2008. The employers will be liable for one month for severance pay for each year of the service provided by the employees. As of June 30, 2015, the Company has estimated its severance payments of approximately $ 38,100

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	14. INCOME TAXES Income tax expense for the years ended June 30, 2015 and 2014 varied from the amount computed by applying the statutory income tax rate to income before taxes. 35 For the years ended June 30, 2015 2014 % % U.S. expected federal income tax benefit 35.0 35.0 U.S. state, local tax net of federal benefit 10.9 10.9 U.S. permanent difference (0.2) (0.3) U.S. temporary difference (45.7) (45.5) Permanent differences related to other countries (28.3) 0.9 Hong Kong statutory income tax rate (16.5) (16.5) Hong Kong income tax benefit 4.9 - Total tax expense (39.9) (15.5) The U.S. temporary difference was mainly comprised of unearned compensation amortization and provision for allowance for doubtful accounts. For the years ended June 30, 2015 2014 Current USA $ - $ - Hong Kong (23,963) (130,268) China (519,958) - (543,921) (130,268) Deferred USA 116,700 50,330 Other countries - 115 116,700 50,445 Total $ (427,221) $ (79,823) For the years ended June 30, 2015 2014 Allowance for doubtful accounts $ 248,000 $ 224,000 Stock-based compensation 382,000 411,000 Net operating loss 2,176,000 1,004,000 Total deferred tax assets 2,806,000 1,639,000 Valuation allowance (2,525,400) (1,475,100) Deferred tax assets, net - long-term $ 280,600 $ 163,900 Operations in the USA have incurred a cumulative net operating loss of approximately $ 5,590,560 2035 248,000 382,000 2,176,000 90 June 30, June 30, 2015 2014 VAT tax payable $ 296,935 $ 67,315 Corporate income tax payable 664,132 130,770 Others 35,581 9,372 Total $ 996,648 $ 207,457

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	15. CONCENTRATIONS Major Customer For the year ended June 30, 2015, two customers accounted for approximately 23 20 35 18 Major Suppliers For the year ended June 30, 2015, two suppliers accounted for 51 14 21 12

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	16. SEGMENT REPORTING ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company's internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for details on the Company's business segments. The Company's chief operating decision maker has been identified as the Chief Executive Officer who reviews the financial information of separate operating segments when making decisions about allocating resources and assessing performance of the group. Based on management's assessment, the Company has determined that it has three operating segments: shipping agency service, shipping and chartering services, and inland transportation management services. For the Year Ended June 30, 2015 Shipping Agency Shipping & Chartering Inland Transportation Total Revenues $ 6,185,653 $ 349,125 $ 4,785,850 $ 11,320,628 Cost of revenues $ 4,998,030 $ 182,650 $ 755,603 $ 5,936,283 Gross profit $ 1,187,623 $ 166,475 $ 4,030,247 $ 5,384,345 Depreciation and amortization $ 154,000 $ 176 $ 10,912 $ 165,088 Total capital expenditures $ 84,102 $ - $ - $ 84,102 Total assets $ 4,961,011 $ 130,915 $ 6,718,624 $ 11,810,550 For the Year Ended June 30, 2014 Shipping Agency Shipping & Chartering Inland Transportation Total Revenues $ 7,523,983 $ 1,937,196 $ 2,183,213 $ 11,644,392 Cost of revenues $ 6,010,058 $ 1,291,048 $ 312,353 $ 7,613,459 Gross profit $ 1,513,925 $ 646,148 $ 1,870,860 $ 4,030,933 Depreciation and amortization $ 120,095 $ 875 $ 34,687 $ 155,657 Total capital expenditures $ 192,434 $ - $ 10,818 $ 203,252 Total assets $ 3,094,804 $ 425,410 $ 2,193,740 $ 5,713,954

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	17. RELATED PARTY TRANSACTIONS In June 2013, the Company signed a 5 2,920,950 2.7 1.6 384,000 2,609,831 1 As of June 30, 2015 and 2014, the Company is owed $ 174,759 252,815

SUBSEQUENT EVENT

SUBSEQUENT EVENT	12 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	18. SUBSEQUENT EVENT On July 10, 2015, the Company sold 500,000 691,600

SUMMARY OF SIGNIFICANT ACCOUN25

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis Of Accounting, Policy [Policy Text Block]	(a) Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The financial statements include the accounts of all directly, indirectly owned subsidiaries and variable interest entity. All intercompany transactions and balances have been eliminated in consolidation. In the opinion of management, all adjustments considered necessary to give a fair presentation have been included. Certain prior year balances were reclassified to conform to the current year presentation. These reclassifications have no material impact on the previously reported financial position, results of operations or cash flows.
Consolidation, Policy [Policy Text Block]	(b) Basis of Consolidation The consolidated financial statements include the accounts of the Company, its subsidiaries, and its affiliates. All intercompany transactions and balances are eliminated in consolidation. Sino-China is considered a variable interest entity (“VIE”), and the Company is the primary beneficiary. The Company through Trans Pacific Beijing entered into agreements with Sino-China, pursuant to which the Company receives 90 As a VIE, Sino-China’s revenues are included in the Company’s total revenues, and its income (loss) from operations is consolidated with the Company’s. Because of the contractual arrangements, the Company had a pecuniary interest in Sino-China that requires consolidation of the Company’s and Sino-China’s financial statements. The Company has consolidated Sino-China’s operating results because the entities are under common control in accordance with ASC 805-10, “Business Combinations”. The agency relationship between the Company and Sino-China and its branches is governed by a series of contractual arrangements pursuant to which the Company has substantial control over Sino-China. Management makes ongoing reassessments of whether the Company is the primary beneficiary of Sino-China. June 30, June 30, 2015 2014 Total current assets $ 59,069 $ 173,273 Total assets 189,499 419,048 Total current liabilities 19,732 312,521 Total liabilities 19,732 312,521
Fair Value of Financial Instruments, Policy [Policy Text Block]	(c) Fair Value of Financial Instruments We follow the provisions of ASC 820, Fair Value Measurements and Disclosures, which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1 — Observable inputs such as unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2 — Inputs other than quoted prices that are observable for the asset or liability in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3 — Unobservable inputs that reflect management’s assumptions based on the best available information. The carrying value of accounts receivable, other receivables, other current assets, and current liabilities approximate their fair values because of the short-term nature of these instruments.
Use of Estimates, Policy [Policy Text Block]	(d) Use of Estimates and Assumptions The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Estimates are adjusted to reflect actual experience when necessary. Significant accounting estimates reflected in the Company’s consolidated financial statements include revenue recognition, fair value of stock options, cost of revenues, allowance for doubtful accounts, deferred income taxes, and the useful lives of property and equipment. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	The accounts of the Company and its subsidiaries, including Sino-China and each of its branches are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The Company’s functional currency is the US dollars (“USD”) while Sino-China reports its financial position and results of operations in Renminbi (“RMB”). The accompanying consolidated financial statements are presented in US dollars. Foreign currency transactions are translated into US dollars using the fixed exchange rates in effect at the time of the transaction. Generally, foreign exchange gains and losses resulting from the settlement of such transactions are recognized in the consolidated statements of operations. The Company translates foreign currency financial statements of Sino-China, Sino-Global Shipping Australia, Sino-Global Shipping Hong Kong, Sino-Global Shipping Canada and Trans Pacific Beijing in accordance with ASC 830-10, “Foreign Currency Matters”. Assets and liabilities are translated at current exchange rates quoted by the People’s Bank of China at the balance sheet dates and revenues and expenses are translated at average exchange rates in effect during the year. Resulting translation adjustments are recorded as other comprehensive income (loss) and accumulated as a separate component of equity of the Company and also included in non-controlling interest. June 30, 2015 2014 Foreign currency Balance Profits/Loss Balance Profits/Loss RMB:1USD 6.1988 6.1877 6.2043 6.1374 1AUD:USD 1.2986 1.2027 1.0609 1.0898 1HKD:USD 7.7520 7.7537 7.7503 7.7552 1CAD:USD 1.2475 1.1740 1.0672 1.0704
Cash and Cash Equivalents, Policy [Policy Text Block]	(f) Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, and other highly liquid investments which are unrestricted as to withdrawal or use, and which have maturities of three months or less when purchased. The Company maintains cash and cash equivalents with various financial institutions mainly in the PRC, Australia, Hong Kong and the United States. As of June 30, 2015 and 2014, cash balances of $ 65,191 262,885
Trade and Other Accounts Receivable, Policy [Policy Text Block]	(g) Accounts Receivable Accounts receivable are presented at net realizable value. The Company maintains allowances for doubtful accounts for estimated losses. The Company reviews its accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balances, customers’ historical payment history, their current credit-worthiness and current economic trends. Receivables are considered past due after 365 days. Accounts are written off after exhaustive efforts at collection. As of June 30, 2015 and 2014, the allowance for doubtful accounts totaled $ 477,240 443,858
Property, Plant and Equipment, Policy [Policy Text Block]	Net property and equipment are stated at historical cost less accumulated depreciation. Historical cost comprises its purchase price and any directly attributable costs of bringing the assets to its working condition and location for its intended use. Buildings 20 Motor vehicles 5 10 Furniture and office equipment 3 5 The carrying value of a long-lived asset is considered impaired by the Company when the anticipated undiscounted cash flows from such asset is less than its carrying value. If impairment is identified, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved or based on independent appraisals. Management has determined that there were no impairments at the balance sheet dates.
Revenue Recognition, Policy [Policy Text Block]	(i) Revenue Recognition ⋅ Revenues from shipping agency services are recognized upon completion of services, which coincides with the date of departure of the relevant vessel from port. Advance payments and deposits received from customers prior to the provision of services and recognition of the related revenues are presented as advances from customers. ⋅ Revenues from shipping and chartering services are recognized upon performance of services as stipulated in the underlying contract. ⋅ Revenues from inland transportation management services are recognized when commodities are being released from the customer’s warehouse. ⋅ Revenues from ship management services are recognized when the related contractual services are rendered.
Income Tax, Policy [Policy Text Block]	(j) Taxation Because the Company and its subsidiaries and Sino-China are incorporated in different jurisdictions, they file separate income tax returns. The Company uses the liability method of accounting for income taxes in accordance with US GAAP. Deferred taxes, if any, are recognized for the future tax consequences of temporary differences between the tax basis of assets and liabilities and their reported amounts in the consolidated financial statements. A valuation allowance is provided against deferred tax assets if it is more likely than not that the asset will not be utilized in the future. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense. The Company had no uncertain tax positions as of June 30, 2015 and 2014, respectively. Income tax returns for the years prior to 2012 are no longer subject to examination by US tax authorities. PRC Enterprise Income Tax PRC enterprise income tax is calculated based on taxable income determined under PRC GAAP at 25 PRC Business Tax and Surcharges Revenues from services provided by Sino-China and Trans Pacific are subject to the PRC business tax of 5 In addition, under the PRC regulations, Sino-China is required to pay the city construction tax ( 7 3 Sino-China reports its revenues net of PRC’s business tax and surcharges for all the periods presented in the consolidated statements of operations.
Earnings Per Share, Policy [Policy Text Block]	(k) Earnings per Share (“EPS”) Basic earnings per share is computed by dividing net income attributable to holders of common shares by the weighted average number of common shares outstanding during the years. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common shares were exercised or converted into common shares. Common share equivalents are excluded from the computation of diluted earnings per share if their effects would be anti-dilutive as the exercise prices for such options and warrants were at least equal to the closing price of our common stock on June 30, 2015. The effect of 66,000 139,032
Comprehensive Income, Policy [Policy Text Block]	(l) Comprehensive Income The Company reports comprehensive income in accordance with the FASB issued authoritative guidance which establishes standards for reporting comprehensive income and its component in financial statements. Comprehensive income, as defined, includes all changes in equity during a period from non-owner sources .
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	(m) Stock-based Compensation Valuations are based upon highly subjective assumptions about the future, including stock price volatility and exercise patterns. The fair value of share-based payment awards was estimated using the Black-Scholes option pricing model. Expected volatilities are based on the historical volatility of the Company’s stock. The Company uses historical data to estimate option exercise and employee terminations. The expected term of options granted represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant.
Risks and Uncertainties [Policy Text Block]	(n) Risks and Uncertainties The operations of the Company are primarily located in the PRC. Accordingly, the Company’s business, financial condition, and results of operations may be influenced by the political, economic, and legal environments in the PRC, as well as by the general state of the PRC economy. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by exchanges in the political, regulatory and social conditions in the PRC, and by changes in governmental policies or interpretations with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things. In addition, the Company only controls Sino-China through a series of agreements. If such agreements were cancelled, modified or otherwise not complied with, the Company may not be able to retain control of this consolidated entity and the impact could be material to the Company’s operations.
Business Combinations Policy [Policy Text Block]	(o) Business Combinations Business combinations are accounted for under the purchase method of accounting. Under the purchase method, assets and liabilities of the business acquired are recorded at their estimated fair values as of the date of acquisition with any excess of the cost of the acquisition over the fair value of the net tangible and intangible assets acquired recorded as goodwill. Results of operations of the acquired business are included in the income statement from the date of acquisition.
Reclassification, Policy [Policy Text Block]	(p) Reclassifications Other current liabilities in the prior period have been reclassified to taxes payable and other current liabilities. Prepaid expense in the prior period has been reclassified to indicate the noncurrent portion. The reclassification has no effect on the previously reported total assets, liabilities, equity, results of operations and cash flows.
New Accounting Pronouncements, Policy [Policy Text Block]	(q) Recent Accounting Pronouncements On January 9, 2015, FASB published ASU 2015-01, Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The ASU applies to all entities and is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect the adoption of ASU 2015-01 to have material impact on the Company's consolidated financial statement. In February 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures. This ASU will be effective for periods beginning after December 15, 2015, for public companies. Management is evaluating the potential impact, if any, on the Company’s financial position and results of operations. In April 2015, the FASB issued ASU No. 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update 2015-11: Simplifying the Measurement of Inventory. This update requires inventory to be measured at the lower of cost or net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. This update will be effective for the Company for all annual and interim periods beginning after December 15, 2016. The amendments in this update should be applied prospectively with earlier application permitted as of the beginning of an interim or annual reporting period. The Company does not expect this update will have a material impact on the presentation of the Company's condensed consolidated financial statements. In August 2015, the FASB has issued Accounting Standards Update (ASU) No. 2015-15, Interest - Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements - Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting

SUMMARY OF SIGNIFICANT ACCOUN26

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Schedule Of Condensed Balance Sheet [Table Text Block]	The carrying amount and classification of Sino-China's assets and liabilities included in the Company’s Consolidated Balance Sheets are as follows: June 30, June 30, 2015 2014 Total current assets $ 59,069 $ 173,273 Total assets 189,499 419,048 Total current liabilities 19,732 312,521 Total liabilities 19,732 312,521
Schedule Of Differences Between Reported Amount and Reporting Currency Denominated Amount [Table Text Block]	The exchange rates for the years ended June 30, 2015 and June 30, 2014 are as follows: June 30, 2015 2014 Foreign currency Balance Profits/Loss Balance Profits/Loss RMB:1USD 6.1988 6.1877 6.2043 6.1374 1AUD:USD 1.2986 1.2027 1.0609 1.0898 1HKD:USD 7.7520 7.7537 7.7503 7.7552 1CAD:USD 1.2475 1.1740 1.0672 1.0704
Schedule Of Estimated Useful Lives Of Property And Equipment [Table Text Block]	Depreciation is calculated on a straight-line basis over the following estimated useful lives: Buildings 20 Motor vehicles 5 10 Furniture and office equipment 3 5

ACQUISITION OF LONGHE SHIP MA27

ACQUISITION OF LONGHE SHIP MANAGEMENT COMPANY (Tables)	12 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Acquisition, Pro Forma Information [Table Text Block]	The following unaudited pro forma condensed financial information presents the combined results of operations of the Company and LSM as if the acquisition had occurred as of the beginning of each period presented. The pro forma information assumes the acquisition of LSM occurred on July 1, 2013. As of and for the Year Ended June 30, 2015 SINO Group LSM Elimination Combined Revenues $ 11,130,540 $ 285,042 $ - $ 11,415,582 Cost of revenues $ 5,839,839 $ 144,621 $ - $ 5,984,460 Gross profit $ 5,290,701 $ 140,421 $ - $ 5,431,122 Net income $ 551,691 $ 136,308 $ - $ 687,999 Total assets $ 11,843,612 $ 394 $ (33,456) $ 11,810,550 Total Liabilities $ 1,911,890 $ 2,154 $ - $ 1,914,044 As of and for the Year Ended June 30, 2014 SINO Group LSM Elimination Combined Revenues $ 11,644,392 $ - $ - $ 11,644,392 Cost of revenues $ 7,613,459 $ - $ - $ 7,613,459 Gross profit $ 4,030,933 $ - $ - $ 4,030,933 Net income $ 434,486 $ - $ - $ 434,486 Total assets $ 5,713,954 $ - $ - $ 5,713,954 Total Liabilities $ 1,230,795 $ - $ - $ 1,230,795

ADVANCES TO SUPPLIERS (Tables)

ADVANCES TO SUPPLIERS (Tables)	12 Months Ended
	Jun. 30, 2015
Advances To Suppliers [Abstract]
Schedule Of Advance To Suppliers [Table Text Block]	The Company’s advances to suppliers is as follows: June 30, June 30, 2015 2014 Sainuo Investment Management Ltd $ 48,396 $ - Others 2,579 8,482 Total $ 50,975 $ 8,482

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The Company’s net accounts receivable is as follows: June 30, June 30, 2015 2014 Trade accounts receivable $ 3,559,459 $ 925,743 Less: allowances for doubtful accounts (477,240) (443,858) Accounts receivables, net $ 3,082,219 $ 481,885

PREPAID EXPENSES AND OTHER CU30

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Current Assets [Text Block]	The Company’s prepaid expenses and other current assets are as follows: June 30, June 30, 2015 2014 Consultant fees (See note 11) $ 1,375,681 $ 468,000 Advance to employees 166,772 - Insurance 77,584 - Legal - 24,802 Other 81,923 4,727 Total 1,701,960 497,529 Less current portion 1,265,609 216,729 Total noncurrent portion $ 436,351 $ 280,800

PROPERTY AND EQUIPMENT, NET. (T

PROPERTY AND EQUIPMENT, NET. (Tables)	12 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Net property and equipment are as follows: June 30, June 30, 2015 2014 Land and building $ 217,144 $ 216,951 Motor vehicles 534,825 710,148 Computer equipment 146,739 133,145 Office equipment 62,745 50,790 Furniture and fixtures 156,085 100,021 System software 128,286 128,178 Leasehold improvement 68,758 68,697 Total 1,314,582 1,407,930 Less: Accumulated depreciation and amortization 1,100,579 1,113,208 Property and equipment, net $ 214,003 $ 294,722

OTHER LONG-TERM ASSETS (Tables)

OTHER LONG-TERM ASSETS (Tables)	12 Months Ended
	Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets, Noncurrent [Table Text Block]	The Company’s other long-term assets is as follows: June 30, June 30, 2015 2014 Installment payment related to Vessel acquisition $ 2,736,229 $ - Rent deposit 37,679 16,734 Total $ 2,773,908 $ 16,734

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the options is presented in the table below: June 30, 2015 June 30, 2014 Shares Weighted Shares Weighted Options outstanding, beginning of year 66,000 $ 6.88 102,000 $ 6.90 Granted - - - - Canceled, forfeited or expired - $ - (36,000) $ 7.75 Options outstanding, end of year 66,000 $ 6.88 66,000 $ 6.88 Options exercisable, end of year 60,000 $ 7.37 58,000 $ 7.55
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	Following is a summary of the status of options outstanding and exercisable at June 30, 2015: Outstanding Options Exercisable Options Exercise Price Number Average Average Exercise Number Average $ 7.75 56,000 3.0 years $ 7.75 56,000 3.0 years $ 2.01 10,000 2.6 years $ 2.01 4,000 2.6 years 66,000 60,000
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The fair value of stock options granted was calculated at the grant date using the Black-Scholes option-pricing model with the following assumptions: Black-Scholes Option Pricing Model for 2008 options Assumptions: Stock Price $ 7.75 Strike Price $ 7.75 Volatility 173.84 % Risk-free Rate 3.02 % Expected life 5 yrs Dividend Yield 0.00 % Number of Options 66,000 Black-Scholes Option Pricing Model for 2013 options Assumptions: Stock Price $ 1.94 Strike Price $ 2.01 Volatility 452.04 % Risk-free Rate 0.88 % Expected life 5 yrs Dividend Yield 0.00 % Number of Options 10,000
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Following is a summary of the status of warrants outstanding and exercisable at June 30, 2015: Warrants Outstanding Warrants Exercisable Weighted Average 139,032 139,032 $ 9.30 3.0 years

NON-CONTROLLING INTEREST (Table

NON-CONTROLLING INTEREST (Tables)	12 Months Ended
	Jun. 30, 2015
Noncontrolling Interest [Abstract]
Minority Interest [Table Text Block]	Non-controlling interest consists of the following: June 30, June 30, 2015 2014 Sino-China: Original paid-in capital $ 356,400 $ 356,400 Additional paid-in capital 1,044 1,044 Accumulated other comprehensive loss (67,640) (64,872) Accumulated deficit (5,018,688) (5,006,843) (4,728,884) (4,714,271) Trans Pacific Logistics Shanghai Ltd. 18,946 20,240 Total $ (4,709,938) $ (4,694,031)

COMMITMENTS AND CONTINGENCY (Ta

COMMITMENTS AND CONTINGENCY (Tables)	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	The Company leases certain office premises and apartments for employees under operating leases through August 31, 2019. Future minimum lease payments under operating leases agreements are as follows: Amount Twelve months ending June 30, 2016 $ 168,345 2017 99,885 2018 65,711 2019 67,492 Thereafter 11,298 $ 412,731

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	A reconciliation between the expected federal income tax rate using the federal statutory tax rate of 35 For the years ended June 30, 2015 2014 % % U.S. expected federal income tax benefit 35.0 35.0 U.S. state, local tax net of federal benefit 10.9 10.9 U.S. permanent difference (0.2) (0.3) U.S. temporary difference (45.7) (45.5) Permanent differences related to other countries (28.3) 0.9 Hong Kong statutory income tax rate (16.5) (16.5) Hong Kong income tax benefit 4.9 - Total tax expense (39.9) (15.5)
Schedule Of Components Of Income Tax Expense (Benefit) [Table Text Block]	The income tax expense for the years ended June 30, 2015 and 2014 are as follows: For the years ended June 30, 2015 2014 Current USA $ - $ - Hong Kong (23,963) (130,268) China (519,958) - (543,921) (130,268) Deferred USA 116,700 50,330 Other countries - 115 116,700 50,445 Total $ (427,221) $ (79,823)
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax assets are comprised of the following: For the years ended June 30, 2015 2014 Allowance for doubtful accounts $ 248,000 $ 224,000 Stock-based compensation 382,000 411,000 Net operating loss 2,176,000 1,004,000 Total deferred tax assets 2,806,000 1,639,000 Valuation allowance (2,525,400) (1,475,100) Deferred tax assets, net - long-term $ 280,600 $ 163,900
Schedule Of Income Taxes Payable [Table Text Block]	Taxes payable consist of the following: June 30, June 30, 2015 2014 VAT tax payable $ 296,935 $ 67,315 Corporate income tax payable 664,132 130,770 Others 35,581 9,372 Total $ 996,648 $ 207,457

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following tables present summary information by segment for the years ended June 30, 2015 and 2014, respectively: For the Year Ended June 30, 2015 Shipping Agency Shipping & Chartering Inland Transportation Total Revenues $ 6,185,653 $ 349,125 $ 4,785,850 $ 11,320,628 Cost of revenues $ 4,998,030 $ 182,650 $ 755,603 $ 5,936,283 Gross profit $ 1,187,623 $ 166,475 $ 4,030,247 $ 5,384,345 Depreciation and amortization $ 154,000 $ 176 $ 10,912 $ 165,088 Total capital expenditures $ 84,102 $ - $ - $ 84,102 Total assets $ 4,961,011 $ 130,915 $ 6,718,624 $ 11,810,550 For the Year Ended June 30, 2014 Shipping Agency Shipping & Chartering Inland Transportation Total Revenues $ 7,523,983 $ 1,937,196 $ 2,183,213 $ 11,644,392 Cost of revenues $ 6,010,058 $ 1,291,048 $ 312,353 $ 7,613,459 Gross profit $ 1,513,925 $ 646,148 $ 1,870,860 $ 4,030,933 Depreciation and amortization $ 120,095 $ 875 $ 34,687 $ 155,657 Total capital expenditures $ 192,434 $ - $ 10,818 $ 203,252 Total assets $ 3,094,804 $ 425,410 $ 2,193,740 $ 5,713,954

ORGANIZATION AND NATURE OF BU38

ORGANIZATION AND NATURE OF BUSINESS (Details Textual)	12 Months Ended
	Jun. 30, 2015
Foreign Owned Enterprise Investment Percentage Description	The Companys subsidiary in China, Trans Pacific Shipping Limited (Trans Pacific Beijing), a wholly owned foreign enterprise, invested in one 90%-owned subsidiary, Trans Pacific Logistics Shanghai Limited (Trans Pacific Shanghai. Trans Pacific Beijing and Trans Pacific Shanghai are referred to collectively as Trans Pacific)

SUMMARY OF SIGNIFICANT ACCOUN39

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Total current assets	$ 8,105,688	$ 4,957,798
Total assets	11,810,550	5,713,954
Total current liabilities	1,914,044	1,230,795
Total liabilities	1,914,044	1,230,795
Sino - China [Member]
Total current assets	59,069	173,273
Total assets	189,499	419,048
Total current liabilities	19,732	312,521
Total liabilities	$ 19,732	$ 312,521

SUMMARY OF SIGNIFICANT ACCOUN40

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	Jun. 30, 2015	Jun. 30, 2014
RMB [Member] | Balance Sheet [Member]
Foreign Currency Exchange Rate, Translation1	6.1988	6.2043
RMB [Member] | Income Statement [Member]
Foreign Currency Exchange Rate, Translation1	6.1877	6.1374
AUD [Member] | Balance Sheet [Member]
Foreign Currency Exchange Rate, Translation1	1.2986	1.0609
AUD [Member] | Income Statement [Member]
Foreign Currency Exchange Rate, Translation1	1.2027	1.0898
HKD [Member] | Balance Sheet [Member]
Foreign Currency Exchange Rate, Translation1	7.7520	7.7503
HKD [Member] | Income Statement [Member]
Foreign Currency Exchange Rate, Translation1	7.7537	7.7552
CAD [Member] | Balance Sheet [Member]
Foreign Currency Exchange Rate, Translation1	1.2475	1.0672
CAD [Member] | Income Statement [Member]
Foreign Currency Exchange Rate, Translation1	1.1740	1.0704

SUMMARY OF SIGNIFICANT ACCOUN41

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)	12 Months Ended
	Jun. 30, 2015
Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Furniture and office equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and office equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years

SUMMARY OF SIGNIFICANT ACCOUN42

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash, Uninsured Amount	$ 65,191	$ 262,885
PRC Income Tax Rate	25.00%
PRC Business Tax Rate	5.00%
PRC Business Tax, City Construction Tax Rate	7.00%
PRC Business Tax, Education Surcharges Rate	3.00%
Allowance for Doubtful Accounts Receivable, Current	$ 477,240	$ 443,858
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	66,000
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	139,032
Sino - China [Member]
Net Income Percentage	90.00%

ACQUISITION OF LONGHE SHIP MA43

ACQUISITION OF LONGHE SHIP MANAGEMENT COMPANY (Details) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Business Acquisition [Line Items]
Revenue	$ 11,320,628	$ 11,644,392
Cost of revenues	5,936,283	7,613,459
Gross profit	5,384,345	4,030,933
Net income	643,922	434,486
Total assets	11,810,550	5,713,954
Total liabilities	1,914,044	1,230,795
Parent Company [Member]
Business Acquisition [Line Items]
Revenue	11,130,540	11,644,392
Cost of revenues	5,839,839	7,613,459
Gross profit	5,290,701	4,030,933
Net income	551,691	434,486
Total assets	11,843,612	5,713,954
Total liabilities	1,911,890	1,230,795
Longhe Ship Management Acquisition [Member]
Business Acquisition [Line Items]
Revenue	285,042	0
Cost of revenues	144,621	0
Gross profit	140,421	0
Net income	136,308	0
Total assets	394	0
Total liabilities	2,154	0
Elimination [Member]
Business Acquisition [Line Items]
Revenue	0	0
Cost of revenues	0	0
Gross profit	0	0
Net income	0	0
Total assets	(33,456)	0
Total liabilities	0	0
Combined [Member]
Business Acquisition [Line Items]
Revenue	11,415,582	11,644,392
Cost of revenues	5,984,460	7,613,459
Gross profit	5,431,122	4,030,933
Net income	687,999	434,486
Total assets	11,810,550	5,713,954
Total liabilities	$ 1,914,044	$ 1,230,795

ACQUISITION OF LONGHE SHIP MA44

ACQUISITION OF LONGHE SHIP MANAGEMENT COMPANY (Details Textual) - USD ($)	Sep. 08, 2014	Aug. 08, 2014	Apr. 30, 2015	Aug. 22, 2014	Jun. 30, 2015
Business Acquisition [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		50,000
Restricted Stock [Member]
Business Acquisition [Line Items]
Number Of Shares Issued From Escrow					30,000
Restricted Stock [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Number Of Shares Cancelled In Escrow			30,000
Mr. Deming Wang [Member]
Business Acquisition [Line Items]
Equity Method Investment, Ownership Percentage		3.60%
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares				50,000
Mr. Deming Wang [Member] | Restricted Stock [Member]
Business Acquisition [Line Items]
Number Of Shares Issued From Escrow					20,000
Mr. Deming Wang [Member] | Restricted Stock [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Number Of Shares Issued From Escrow			20,000
Maximum [Member] | Mr. Deming Wang [Member]
Business Acquisition [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		200,000
Minimum [Member] | Mr. Deming Wang [Member]
Business Acquisition [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		20,000
Longhe Ship Management Acquisition [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	$ 199,482
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	26,655
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	23,289
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	47,409
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other	128,784
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable	24,054
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other	2,022
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accrued Expenses	$ 579
Percentage Of Assets Accounted	2.60%
Percentage Of Liabilities Accounted	2.60%

ADVANCES TO SUPPLIERS (Details)

ADVANCES TO SUPPLIERS (Details)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Jun. 30, 2014USD ($)
Advance To Suppliers [Line Items]
Others	$ 2,579		$ 8,482
Total	50,975		8,482
Sainuo Investment Management Ltd [Member]
Advance To Suppliers [Line Items]
Advances To Investment Advisory Services	$ 48,396	¥ 300,000	$ 0

ADVANCES TO SUPPLIERS (Details

ADVANCES TO SUPPLIERS (Details Textual)	Apr. 10, 2015CNY (¥)	Apr. 22, 2015CNY (¥)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Nov. 24, 2014CNY (¥)	Nov. 03, 2014	Jun. 30, 2014USD ($)
Advance To Suppliers [Line Items]
Advance Payment To Investment Advisory Services Success Fee	¥ 3,500,000				¥ 3,500,000
Cash Acquired from Acquisition		¥ 300,000
Payments to Acquire Businesses, Gross	¥ 3,200,000	¥ 3,200,000
Sainuo Investment Management Ltd [Member]
Advance To Suppliers [Line Items]
Investment Advisory Services Success Fee Percentage						8.00%
Advances To Investment Advisory Services			$ 48,396	¥ 300,000			$ 0

ACCOUNTS RECEIVABLE, NET (Detai

ACCOUNTS RECEIVABLE, NET (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade accounts receivable	$ 3,559,459	$ 925,743
Less: allowances for doubtful accounts	(477,240)	(443,858)
Accounts receivables, net	$ 3,082,219	$ 481,885

ACCOUNTS RECEIVABLE, NET (Det48

ACCOUNTS RECEIVABLE, NET (Details Textual) ¥ in Millions	Sep. 30, 2015CNY (¥)
Subsequent Event [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade Receivables Held-for-sale, Amount	¥ 2

PREPAID EXPENSES AND OTHER CU49

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Consultant fees (See note 11)	$ 1,375,681	$ 468,000
Prepaid Advance to employees	166,772	0
Insurance	77,584	0
Legal fees	0	24,802
Other	81,923	4,727
Total	1,701,960	497,529
Less current portion	1,265,609	216,729
Total noncurrent portion	$ 436,351	$ 280,800

PROPERTY AND EQUIPMENT, NET. (D

PROPERTY AND EQUIPMENT, NET. (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment, Gross, Total	$ 1,314,582	$ 1,407,930
Less: Accumulated depreciation and amortization	1,100,579	1,113,208
Property and equipment, net	214,003	294,722
Land and building [Member]
Property, Plant and Equipment, Gross, Total	217,144	216,951
Motor vehicles [Member]
Property, Plant and Equipment, Gross, Total	534,825	710,148
Computer equipment [Member]
Property, Plant and Equipment, Gross, Total	146,739	133,145
Office equipment [Member]
Property, Plant and Equipment, Gross, Total	62,745	50,790
Furniture and fixtures [Member]
Property, Plant and Equipment, Gross, Total	156,085	100,021
System software [Member]
Property, Plant and Equipment, Gross, Total	128,286	128,178
Leasehold improvement [Member]
Property, Plant and Equipment, Gross, Total	$ 68,758	$ 68,697

PROPERTY AND EQUIPMENT, NET. 51

PROPERTY AND EQUIPMENT, NET. (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 165,088	$ 155,657

OTHER LONG-TERM ASSETS (Details

OTHER LONG-TERM ASSETS (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Installment payment related to Vessel acquisition	$ 2,736,229	$ 0
Rent deposit	37,679	16,734
Total	$ 2,773,908	$ 16,734

OTHER LONG-TERM ASSETS (Detai53

OTHER LONG-TERM ASSETS (Details Textual) $ / shares in Units, ¥ in Millions, shares in Millions	Apr. 10, 2015USD ($)$ / sharesshares	Apr. 10, 2015CNY (¥)shares	Apr. 22, 2015CNY (¥)	Jun. 30, 2015USD ($)	Jun. 30, 2015CNY (¥)	Apr. 10, 2015CNY (¥)	Nov. 24, 2014CNY (¥)	Jun. 30, 2014USD ($)
Business Acquisition Purchase Price Of Other Property Plant And Equipment	$ 10,500,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Equipment				$ 2,736,229				$ 0
Payments to Acquire Furniture and Fixtures				$ 516,229	¥ 3.2
Advance Payment To Investment Advisory Services Success Fee | ¥						¥ 3.5	¥ 3.5
Payments to Acquire Businesses, Gross | ¥		¥ 3.2	¥ 3.2
Restricted Stock [Member]
Stock Issued During Period, Shares, Purchase of Assets | shares	1.2	1.2
Stock Issued During Period, Value, Purchase of Assets	$ 2,220,000
Shares Issued, Price Per Share | $ / shares	$ 1.85

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - $ / shares	1 Months Ended	12 Months Ended		13 Months Ended
	Jan. 31, 2013	Jun. 30, 2015	Jun. 30, 2014	Jan. 31, 2014
Shares, Options outstanding, beginning of year		66,000	102,000
Shares, Granted	10,000	0	0
Shares, Canceled, forfeited or expired	(46,000)	0	(36,000)	(36,000)
Shares, Options outstanding, end of year		66,000	66,000
Shares, Options exercisable, end of year		60,000	58,000
Weighted Average Exercise Price, Options outstanding, beginning of year		$ 6.88	$ 6.90
Weighted Average Exercise Price, Granted		0	0
Weighted Average Exercise Price, Canceled, forfeited or expired		0	7.75
Weighted Average Exercise Price, Options outstanding, end of year		6.88	6.88
Weighted Average Exercise Price, Options exercisable, end of year		$ 7.37	$ 7.55

STOCK-BASED COMPENSATION (Det55

STOCK-BASED COMPENSATION (Details 1) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Outstanding Options, Exercise Price	$ 6.88	$ 6.88	$ 6.90
Outstanding Options, Number	66,000	66,000	102,000
Exercisable Options, Average Exercise Price	$ 7.37	$ 7.55
Exercisable Options, Number	60,000	58,000
Exercise Price Range One [Member]
Outstanding Options, Exercise Price	$ 7.75
Outstanding Options, Number	56,000
Outstanding Options, Average Remaining Contractual Life	3 years
Exercisable Options, Average Exercise Price	$ 7.75
Exercisable Options, Number	56,000
Exercisable Options, Average Remaining Contractual Life	3 years
Exercise Price Range Two [Member]
Outstanding Options, Exercise Price	$ 2.01
Outstanding Options, Number	10,000
Outstanding Options, Average Remaining Contractual Life	2 years 7 months 6 days
Exercisable Options, Average Exercise Price	$ 2.01
Exercisable Options, Number	4,000
Exercisable Options, Average Remaining Contractual Life	2 years 7 months 6 days

STOCK-BASED COMPENSATION (Det56

STOCK-BASED COMPENSATION (Details 2) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Number of Options	66,000	66,000	102,000
Black-Scholes Option Pricing Model for 2008 options
Stock Price	$ 7.75
Strike Price	$ 7.75
Strike Price	173.84%
Risk-free Rate	3.02%
Expected life	5 years
Dividend Yield	0.00%
Number of Options	66,000
Black-Scholes Option Pricing Model for 2013 options
Stock Price	$ 1.94
Strike Price	$ 2.01
Strike Price	452.04%
Risk-free Rate	0.88%
Expected life	5 years
Dividend Yield	0.00%
Number of Options	10,000

STOCK-BASED COMPENSATION (Det57

STOCK-BASED COMPENSATION (Details 3) - Jun. 30, 2015 - $ / shares	Total
Warrants Outstanding	139,032
Warrants Exercisable	139,032
Weighted Average Exercise Price	$ 9.30
Average Remaining Contractual Term	3 years

STOCK-BASED COMPENSATION (Det58

STOCK-BASED COMPENSATION (Details Textual) - USD ($)	1 Months Ended		12 Months Ended		13 Months Ended
	Jan. 31, 2013	May. 20, 2008	Jun. 30, 2015	Jun. 30, 2014	Jan. 31, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	10,000		0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Total	46,000		0	36,000	36,000
Reversed Unvested Amount From Unearned Stock based Compensation	$ 46,954
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			10 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance			$ 6.88	$ 6.88		$ 6.90
Deferred Compensation Equity			$ 7,760	$ 11,640
Allocated Share-based Compensation Expense			$ 3,880	$ 3,880
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights			The Options will vest at a rate of 20% per year, with 20% vesting initially when granted.
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		139,032
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 9.30
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms		10 years
2013 Options [Member] | Audit Committee [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			10,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance			$ 2.01

EQUITY TRANSACTIONS (Details Te

EQUITY TRANSACTIONS (Details Textual) - Equity Component [Domain] - Range [Domain] - Subsequent Event Type [Domain] - USD ($)	May. 05, 2015	Apr. 10, 2015	Aug. 08, 2014	Aug. 29, 2014	Aug. 22, 2014	Jun. 30, 2014	Jun. 27, 2014	Jun. 06, 2014	Jun. 30, 2015	Jun. 30, 2014
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services						200,000
Common Stock, Par or Stated Value Per Share						$ 2.34				$ 2.34
Stock Issued During Period, Shares, New Issues							572,000
Share Price							$ 1.76
Purchase Period Of Common Stock							30 days
Additional Shares Of Common Stock Purchase Allotments							85,800
Additional Shares Of Common Stock Purchased							75,000
Issuance Of Common Stock Sold Shares							647,000
Proceeds from Issuance of Common Stock							$ 1,000,000		$ 967,820	$ 444,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			50,000
Business Acquisition Purchase Price Of Other Property Plant And Equipment		$ 10,500,000
Property, Plant and Equipment, Other Types [Member]
Class of Stock [Line Items]
Operating Leases, Rent Expense, Sublease Rentals		7,500
Operating Leases, Rent Expense, Minimum Rentals		$ 3,500
Restricted Stock [Member]
Class of Stock [Line Items]
Number Of Shares Issued From Escrow									30,000
Stock Issued During Period, Shares, Purchase of Assets		1,200,000
Stock Issued During Period, Value, Purchase of Assets		$ 2,220,000
Shares Issued, Price Per Share		$ 1.85
Director [Member]
Class of Stock [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares								600,000
Consultants [Member]
Class of Stock [Line Items]
Stock Issued During Period, Shares, Issued for Services	500,000			400,000
Common Stock, Par or Stated Value Per Share				$ 1.68
Shares Issued, Price Per Share	$ 1.50
Mr. Deming Wang [Member]
Class of Stock [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares					50,000
Mr. Deming Wang [Member] | Restricted Stock [Member]
Class of Stock [Line Items]
Number Of Shares Issued From Escrow									20,000

NON-CONTROLLING INTEREST (Detai

NON-CONTROLLING INTEREST (Details) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Original paid-in capital	$ 16,303,327	$ 11,662,157
Additional paid-in capital	1,144,842	1,144,842
Accumulated other comprehensive loss	91,432	24,618
Accumulated deficit	(2,552,870)	(3,270,260)
Non-Controlling interest	(4,709,938)	(4,694,031)
Sino-China:
Original paid-in capital	356,400	356,400
Additional paid-in capital	1,044	1,044
Accumulated other comprehensive loss	(67,640)	(64,872)
Accumulated deficit	(5,018,688)	(5,006,843)
Non-Controlling interest	(4,728,884)	(4,714,271)
Trans Pacific Logistics Shanghai Ltd.
Non-Controlling interest	$ 18,946	$ 20,240

COMMITMENTS AND CONTINGENCY (De

COMMITMENTS AND CONTINGENCY (Details)	Jun. 30, 2015USD ($)
Twelve months ending June 30,
2,016	$ 168,345
2,017	99,885
2,018	65,711
2,019	67,492
Thereafter	11,298
Future minimum lease payments under operating leases agreements	$ 412,731

COMMITMENTS AND CONTINGENCY (62

COMMITMENTS AND CONTINGENCY (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Leases, Rent Expense, Net	$ 205,838	$ 205,753
Severance Costs	$ 38,100

INCOME TAXES (Details)

INCOME TAXES (Details)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
U.S. expected federal income tax benefit	35.00%	35.00%
U.S. state, local tax net of federal benefit	10.90%	10.90%
U.S. permanent difference	(0.20%)	(0.30%)
U.S. temporary difference	(45.70%)	(45.50%)
Permanent difference related to other countries	(28.30%)	0.90%
Hong Kong statutory income tax rate	(16.50%)	(16.50%)
Hong Kong income tax benefit	4.90%	0.00%
Total tax expense	(39.90%)	(15.50%)

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Current
USA	$ 0	$ 0
Hong Kong	(23,963)	(130,268)
China	(519,958)	0
Current Income Tax Expense (Benefit)	(543,921)	(130,268)
Deferred
USA	116,700	50,330
Other countries	0	115
Net deferred	116,700	50,445
Total	$ (427,221)	$ (79,823)

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Allowance for doubtful accounts	$ 248,000	$ 224,000
Stock-based compensation	382,000	411,000
Net operating loss	2,176,000	1,004,000
Total deferred tax assets	2,806,000	1,639,000
Valuation allowance	(2,525,400)	(1,475,100)
Deferred tax assets, net - long-term	$ 280,600	$ 163,900

INCOME TAXES (Details 3)

INCOME TAXES (Details 3) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
VAT tax payable	$ 296,935	$ 67,315
Corporate Income Tax Payable	664,132	130,770
Others	35,581	9,372
Total	$ 996,648	$ 207,457

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Loss Carryforwards	$ 5,590,560
Operating Loss Carryforward Expiration Date	2,035
Deferred tax assets, net	$ 248,000	$ 224,000
Deferred Tax Assets, Other	$ 382,000	411,000
Percentage Of Deferred Tax Asset Valuation Allowance To Approximate	90.00%
Deferred Tax Assets, Operating Loss Carryforwards	$ 2,176,000	$ 1,004,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%

CONCENTRATIONS (Details Textual

CONCENTRATIONS (Details Textual)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Customer Concentration Risk [Member] | Sales Revenue, Services, Net [Member] | Major Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	23.00%	35.00%
Customer Concentration Risk [Member] | Sales Revenue, Services, Net [Member] | Major Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	20.00%	18.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Major Customer One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	94.00%	57.00%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Major Customer Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	71.00%	15.00%
Supplier Concentration Risk [Member] | Cost Of Sales [Member] | Major Supplier One [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	51.00%	21.00%
Supplier Concentration Risk [Member] | Cost Of Sales [Member] | Major Supplier Two [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	14.00%	12.00%

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 11,320,628	$ 11,644,392
Cost of revenues	5,936,283	7,613,459
Gross profit	5,384,345	4,030,933
Depreciation and amortization	165,088	155,657
Total capital expenditures	84,102	203,252
Total assets	11,810,550	5,713,954
Shipping Agency and Ship Management Services [Member]
Segment Reporting Information [Line Items]
Revenues	6,185,653	7,523,983
Cost of revenues	4,998,030	6,010,058
Gross profit	1,187,623	1,513,925
Depreciation and amortization	154,000	120,095
Total capital expenditures	84,102	192,434
Total assets	4,961,011	3,094,804
Shipping & Chartering Services [Member]
Segment Reporting Information [Line Items]
Revenues	349,125	1,937,196
Cost of revenues	182,650	1,291,048
Gross profit	166,475	646,148
Depreciation and amortization	176	875
Total capital expenditures	0	0
Total assets	130,915	425,410
Inland Transportation Management Services [Member]
Segment Reporting Information [Line Items]
Revenues	4,785,850	2,183,213
Cost of revenues	755,603	312,353
Gross profit	4,030,247	1,870,860
Depreciation and amortization	10,912	34,687
Total capital expenditures	0	10,818
Total assets	$ 6,718,624	$ 2,193,740

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Textual) ¥ in Millions	1 Months Ended
	Sep. 30, 2015CNY (¥)	Sep. 30, 2014USD ($)	Jun. 30, 2013	Jun. 30, 2015USD ($)	Oct. 30, 2014USD ($)	Jun. 30, 2014USD ($)
Related Party Transaction [Line Items]
Due from related parties				$ 2,784,591		$ 3,173,765
Agreement Term			5 years
Repayments of Debt		$ 2,700,000
Payment Of Outstanding Trade Receivables		$ 1,600,000
Sino-G Trading Inc [Member]
Related Party Transaction [Line Items]
Due from related parties				174,759		252,815
Tianjin Zhiyuan Investment Group Ltd [Member]
Related Party Transaction [Line Items]
Due from related parties						$ 2,920,950
Payment Of Outstanding Trade Receivables				$ 2,609,831	$ 384,000
Zhiyuan Investment Group [Member] | Subsequent Event [Member]
Related Party Transaction [Line Items]
Proceeds from Sale and Collection of Receivables, Total | ¥	¥ 1

SUBSEQUENT EVENT (Details Textu

SUBSEQUENT EVENT (Details Textual) - Jul. 10, 2015 - Subsequent Event [Member] - USD ($)	Total
Subsequent Event [Line Items]
Stock Issued During Period, Shares, Purchase of Assets	500,000
Stock Issued During Period, Value, Purchase of Assets	$ 691,600