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

12 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Costs Earnings And Billings

	As of June 30,
	2013		2012
Costs incurred on uncompleted contracts	$	1,482,384	$	3,745,307
Estimated earnings		1,191,141		2,670,289
		2,673,525		6,415,596
Less: Billings to date		2,370,000		5,287,000
	$	303,525	$	1,128,596

Uncompleted Contracts Less Billings In Excess Of Costs

	As of June 30,
	2013		2012
Costs and estimated earnings in excess of billings on uncompleted contracts	$	445,742	$	1,128,596
Less:  Billings in excess of costs and estimated earnings on uncompleted contracts		142,217		—
	$	303,525	$	1,128,596

Customer Advances

	As of June 30,
	2013		2012
Total advances	$	4,227,870	$	9,168,284
Less: Advances on contracts under construction		2,370,000		5,287,000
	$	1,857,870	$	3,881,284