Shareholders' Equity

9 Months Ended

Mar. 31, 2012

Notes to Financial Statements

Shareholders' Equity

Note 7: Shareholders’ Equity

On February 6, 2012 the Company filed with the Securities Exchange Commission a registration statement on Form S-11 for the registration of their Series A Preferred Stock, $10 par value. The amount of shares to be registered is 2,500,000 at for a proposed maximum offering share price of $10 per share. The registration statement has not yet been declared effective.