NOTE 10 - LONG-TERM DEBT, NOTES PAYABLE AND CAPITAL LEASES (Tables)

12 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Long-Term Debt, Notes Payable And Capital Leases

Long-term debt, notes payable and capital leases consist of the following:

	2018		2017
Note payable requiring monthly payments of interest at a rate of 7% until May 2009 followed by 240 monthly payments of $4,472 through October 2026. The loan is collateralized by a building with a net book value of $515,834 as of June 30, 2018.	$	336,781	$	365,406
The revolving credit note was extended to September 2018. The Company can prepay the loan in whole or part in multiples of $100,000 at any time without penalty. The note bears interest at a rate of 4% per annum and is payable monthly. The loan is collateralized by substantially all of the Company’s assets. The loan also contains certain financial covenants that must be met on a periodic basis.  The note was paid in full September 2, 2014. The Company still has the ability to draw down on the line.		—		—
Note payable requiring 12 consecutive interest only payments commencing at the inception of the loan followed by 48 consecutive monthly payments, commencing May 1, 2014. The note bears interest at a rate of 4.75% per annum and is payable monthly.  The loan is collateralized by substantially all of the Company’s assets. The loan also contains certain financial covenants that must be met on a periodic basis.		—		143,676
Other (including capital leases for property and equipment).		7,586		7,769
		344,367		516,851
Less: Current portion		38,332		180,090
	$	306,035	$	336,761

Maturities Of Long-Term Debt

The maturities of long-term debt over the next five years and thereafter are as follows:

Years Ending June 30,
	2019	$	38,332
	2020		32,944
	2021		35,416
	2022		38,013
	2023		40,820
	Thereafter		158,842
		$	344,367