Note 8 - Preferred Stock

12 Months Ended

Jun. 30, 2012

Stockholders' Equity Note Disclosure [Text Block]

Note 8 – Preferred Stock

Qualstar’s capital structure allows for the Board of Directors to authorize 5,000,000 shares of preferred stock. The Board of Directors has authority to fix the rights, preferences, privileges and restrictions, including voting rights, of these shares of preferred stock without any future vote or action by the shareholders. At June 30, 2012 and 2011, there were no outstanding shares of preferred stock.