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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
CURRENT ASSETS    
Cash $ 46,170 $ 68,260
Property Tax Receivable 1,173 1,194
Total Current Assets 47,343 69,454
FIXED ASSETS    
Land and buildings 595,280 605,448
TOTAL ASSETS 642,623 674,902
CURRENT LIABILITIES    
Accounts Payable 2,599 2,763
Taxes payable 24,028 48,714
Note Payable, Current Portion 150,887 151,833
Advances From a Related Party 78,262 60,998
Total current liabilities 255,776 264,308
Notes Payable 122,609 149,648
Total Long Term Liabilities 122,609 149,648
Total Liabilities 378,385 413,956
STOCKHOLDERS' EQUITY-    
Common stock, par value $0.01; At June 30, 2016 and June 30, 2015, authorized 60,000,000 shares; issued and outstanding 2,292,945 shares. 22,929 22,929
Additional paid-in capital 20,953,991 20,953,991
Other Comprehensive Income 27,085 34,814
Accumulated deficit (20,739,817) (20,750,838)
TOTAL STOCKHOLDERS EQUITY 264,238 260,946
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 642,623 674,902
Convertible Preferred Stock, Series 2    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock 50 50
Convertible Preferred Stock, Series 3    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock
Convertible Preferred Stock, Series 5    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock