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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Jun. 30, 2015
Current assets    
Cash $ 22,395 $ 55,042
Trade accounts receivable, net 712,253 463,852
Inventories, net 1,865,965 2,382,634
Other current assets 28,787 36,032
Deferred income taxes, current 126,000 126,000
Total current assets 2,755,400 3,063,560
Property, plant & equipment    
Property, plant & equipment at cost 3,136,536 3,128,577
Less accumulated depreciation (2,054,840) (2,016,840)
Total property, plant & equipment 1,081,696 1,111,737
Other assets, non-current    
Deferred long-term income taxes 129,000 129,000
Deferred financing costs 36,687 44,402
Other asset, non-current 8,783 8,783
Total other assets 174,470 182,185
Total assets 4,011,566 4,357,482
Current liabilities    
Trade accounts payable 672,667 825,288
Due to finance company 206,333 297,188
Accrued liabilities 785,023 594,767
Deferred revenue 153,099 293,685
Current maturities of long-term debt 277,468 317,990
Total current liabilities 2,094,590 2,328,918
Long-term liabilities    
Long term debt less current portion 1,815,942 1,955,328
Total Long-term liabilities and non-controlling interest 1,815,942 1,955,328
Total liabilities 3,910,532 4,284,246
Stockholders' equity    
Common Stock 143,151 143,151
Paid-in-capital 2,457,975 2,457,975
Accumulated deficit (2,500,092) (2,527,890)
Total stockholders' equity 101,034 73,236
Total liabilities and stockholders' equity $ 4,011,566 $ 4,357,482