NOTE 6 - STOCK OPTIONS (Tables)

3 Months Ended

Sep. 30, 2012

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	September 30, 2012
Options outstanding at beginning of year	3,090,000
Options granted	500,000
Options exercised	-
Options canceled	(300,000)
Options outstanding at end of year	3,290,000

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

Range of Exercise Price		Number Outstanding	Weighted Average Remaining Contractual Life Years	Weighted Average Exercise Price (Total shares)		Number Exercisable	Weighted Average Exercise Price (Exercisable shares)
$	.12	1,990,000	4.80	$	.12	1,120,000	$	.12
	.10-.15	800,000	1.10		.12	800,000		.12
	.25	200,000	2.75		.25	-		-
	.50	300,000	3.75		.50	-		-
$	.10 – .15	3,290,000	3.68	$	.12	1,920,000	$	.12