Consolidated Balance Sheets (unaudited Dec 31, 2012) (USD $)	Dec. 31, 2012	Jun. 30, 2012	Jun. 30, 2011
ASSETS
Cash	$ 2,277	$ 0	$ 24,410
Accounts Receivable, Related Party		0	7,547
Total current assets	2,277	(232)	31,957
Land	559,322	559,322	622,641
Total assets	561,599	559,322	654,598
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable	16,459	9,547	9,425
Bank Overdrafts		232
Current Portion of Long Term Debt, Bank	7,119	7,119	7,925
Notes Payable	122,726	139,675	165,976
Prepaid Rents	0	1,294	10,874
Taxes Payable	70,748	67,682	93,105
Total current liabilities	217,052	225,549	287,305
Long Term Bank Debt, unsecured	50,111	54,469	69,820
Other Long Term Debt, Related Party	42,243	40,268	38,793
Total liabilities	309,406	320,054	446,861
Stockholders' equity:
Convertible preferred stock, Series 2, par value $0.01, authorized 10,000,000 shares, issued and outstanding 5,000 shares liquidating preference $25,000	50	50	50
Convertible preferred stock, Series 3, par value $0.01; authorized and issued, 1,670,000 shares	16,700	16,700	16,700
Convertible preferred stock, Series 4; 1 issued and outstanding	0	0	0
Convertible preferred stock, Series 5; issued, 1 share	0	0	0
Common stock, par value $0.01; authorized, 90,000,000 shares; issued 46,973,585 shares, outstanding 45,853,585 shares	469,736	469,736	469,736
Additional paid-in capital	20,497,769	20,497,769	20,497,769
Retained Earnings (Accumulated Deficit)	(20,724,778)	(20,737,935)	(20,718,292)
Less treasury stock, at cost. [1,670,000 shares of convertible preferred stock, Series 3] and [1,120,000 shares of common stock]	(7,284)	(7,284)	(7,284)
Total stockholders' equity	252,193	239,036	258,679
Total liabilities and stockholders' equity	$ 561,599	$ 559,322	$ 654,598