STOCKHOLDERS' EQUITY

3 Months Ended

Sep. 30, 2016

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 9. STOCKHOLDERS’ EQUITY

Stock Option Awards

There were no stock options issued during the three months ended September 30, 2016. A summary of stock option activity is presented in the table below:

					Weighted-
			Weighted-		average
			average		Remaining		Aggregate
	Number of		Exercise		Contractual		Intrinsic
	Shares		Price		Term (years)		Value
Outstanding at June 30, 2016		916,666	$	0.23		0.6	$	-
Granted		-		-		-		-
Exercised		-		-		-		-
Expired/Forfeited		(333,333)		-		-		-
Outstanding at September 30, 2016		583,333	$	0.26		0.7	$	-
Exercisable at September 30, 2016		583,333	$	0.26		0.7	$	-