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5. PROPERTY, PLANT & EQUIPMENT (Tables)

9 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

	March 31, 2013			June 30, 2012
Land	$	217,000		$	217,000
Building and improvements		3,520,872			3,520,872
Manufacturing equipment		3,855,455			4,597,020
Office equipment		401,780			313,928
Assets held for lease		355,986			-
Construction in process		-			31,050
Total, at cost		8,351,093			8,679,870
Less, accumulated depreciation		(2,956,162	)		(3,195,325	)
Property, Plant & Equipment, Net	$	5,394,931		$	5,484,545

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details