8. BANK LOANS AND NOTES PAYABLE (Tables)

12 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Bank loans and notes payable

	As of June 30,
		2014		2013
Bank loan payable of principal and interest at a rate equal to prime plus 1.50%, as defined, subject to a floor of 4.75% with principal due at maturity on January 1, 2014; collateralized by accounts receivable and inventory related to a specific customer contract; paid in full during fiscal 2014.	$	-	$	213,750
Note payable to the seller of Tier Electronics LLC of $495,000 payable on January 21, 2014.  Interest accrued at a rate of 8% and was payable monthly.  The promissory note  was collateralized by the Company’s membership interest in its wholly-owned subsidiary  Tier Electronics LLC; paid in full during fiscal 2014.   See note (a) below.		-		495,000
Note payable to Wisconsin Department of Commerce payable in monthly installments of $23,685, including interest at 2%, with the final payment due May 1, 2018; collateralized by equipment purchased with the loan proceeds and substantially all assets of the Company not otherwise collateralized.  The Company is required to maintain and increase a specified number of employees, and the interest rate is increased in certain cases for failure to meet this requirement.   See note (b) below.		1,069,793		1,136,195
Bank loan payable in fixed monthly payments of $6,800 of principal and interest at a rate of 0.25% below prime, as defined, subject to a floor of 5% with any principal due at maturity on June 1, 2018; collateralized by the building and land.		624,760		673,339
Note payable in fixed monthly installments of $6,610 of principal and interest at a rate of 5.5% with any principal due at maturity on May 1, 2028; collateralized by the building and land.		701,716		734,228
Bank loan payable in monthly installments of $21,000 of principal and interest at a rate equal to prime, as defined, subject to a floor of 4.25%; paid in full during fiscal 2014.		-		29,076
	$	2,396,269	$	3,281,588

Maximum aggregate annual principal payments for fiscal periods

2015	$	351,142
2016		361,060
2017		371,402
2018		358,384
2019		105,832
2020 and thereafter		848,449
	$	2,396,269