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(4) Intangible Assets: Identifiable Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2012

			2012	2011

Trade name – 15 years		$	339,400	339,400
Domain name – 15 years			5,400	5,400
Non-compete covenant – 4 years			149,400	149,400
Customer relationships – 7 years			120,000	120,000
Trademark licensing agreement – 20 years			45,000	45,000
Backlog of orders – 3 months			2,700	2,700
Customer database – 7 years			38,100	38,100
License agreement – 10 years			73,240	73,240
Total identifiable intangibles			773,240	773,240
Less accumulated amortization			(448,525)	(403,888)
	Net carrying amount	$	324,715	369,352

- Definition

Tabular disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

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