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Inventories
9 Months Ended
Mar. 31, 2019
Inventory Disclosure [Abstract]  
INVENTORIES

(7) INVENTORIES

 

Inventories consisted of the following:

 

   March 31,   June 30, 
   2019  

2018

 
Raw materials consisting of purchased parts, components and supplies  $386,470   $415,262 
Work-in process including units undergoing final inspection and testing   52,500    52,500 
Finished goods   15,000    15,000 
Total Inventory  $453,970   $482,762 
Inventory Reserve   (453,970)   (482,762)
Net Inventory  $-   $- 

 

Due to the age of the inventory, lack of demand for parts and lack of sales the Company has booked a reserve for the entire value of its inventory as of March 31, 2019 and June 30, 2018. For the nine months ended March 31, 2019, reduction of inventory represents items that were sold from inventory held. In addition, the Company purchased approximately $72,000 of inventory parts which was recorded as cost of sales. The Company sold those parts to Xi'an (see note 5).