8. BANK LOANS AND NOTES PAYABLE

12 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

BANK LOANS AND NOTES PAYABLE

The Company’s debt consisted of the following as of:

	As of June 30,
	2015		2014
Bank loans and notes payable-current	$	324,626	$	351,142
Bank loans and notes payable-long term		1,053,581		2,045,127
Total	$	1,378,207	$	2,396,269

Bank loans and notes payable consisted of the following as of:

	As of June 30,
	2015		2014
Note payable to Wisconsin Econcomic Development Corporation 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.	$	804,550	$	1,069,793
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.		573,657		624,760
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; paid in full during fiscal year 2015.		-		701,716
	$	1,378,207	$	2,396,269

Maximum aggregate annual principal payments for fiscal periods subsequent to June 30, 2015 are as follows:

2016	$	324,626
2017		332,970
2018		720,611
	$	1,378,207