Note 1 - Interim Condensed Consolidated Financial Statements

9 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Condensed Financial Statements [Text Block]

NOTE

1

 -  INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The interim condensed consolidated financial statements are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information, and rules and regulations of the Securities and Exchange Commission.  Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the interim financial statements include all normal adjustments and disclosures necessary to present fairly the Company’s financial position as of

March

31,

2017,

the results of its operations for the

three

and

nine

month periods ended

March

31,

2017

and

2016,

and its cash flows for the

nine

month periods ended

March

31,

2017

and

2016.

These statements should be read in conjunction with the financial statements and footnotes included in the fiscal

2016

Annual Report on Form

10

-K.  Financial information as of

June

30,

2016

has been derived from the Company’s audited consolidated financial statements.