NOTE 4 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS AND CUSTOMER ADVANCES (Tables)

12 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Costs Earnings And Billings

	As of June 30,
	2012		2011
Costs incurred on uncompleted Contracts	$	3,745,307	$	1,868,568
Estimated earnings		2,670,289		1,077,387
		6,415,596		2,945,955
Less: Billings to date		5,287,000		2,780,557
	$	1,128,596	$	165,398

Uncompleted Contracts Less Billings In Excess Of Costs

	As of June 30,
	2012		2011
Costs and estimated earnings in excess of billings on  uncompleted contracts	$	1,128,596	$	169,443
Less:  Billings in excess of costs and estimated earnings on uncompleted contracts		—		4,045
	$	1,128,596	$	165,398

Customer Advances

	As of June 30,
	2012		2011
Total advances	$	9,168,284	$	7,626,351
Less: Advances on contracts under construction		5,287,000		2,780,557
	$	3,881,284	$	4,845,794