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Balance Sheets - USD ($)
Mar. 31, 2016
Jun. 30, 2015
CURRENT ASSETS    
Cash $ 73,400 $ 204,227
Certificates of Deposit, plus accrued interest 292,083 157,672
Accounts Receivable, less allowance for doubtful accounts of $2,665 and $14,405, respectively 244,990 $ 260,077
Other Receivables 150,000
Inventories 564,664 $ 434,476
Prepaid Expenses 249,468 197,969
Deferred Tax Asset 194,957 98,354
TOTAL CURRENT ASSETS 1,769,562 1,352,775
PROPERTY AND EQUIPMENT, NET 506,542 $ 496,869
OTHER ASSETS    
Other Receivables 75,000
Deposits 4,192 $ 4,192
Deferred Tax Asset 415,864 662,593
TOTAL OTHER AND DEFERRED ASSETS 495,056 666,785
TOTAL ASSETS 2,771,160 2,516,429
CURRENT LIABILITIES    
Accounts Payable 95,435 121,358
Line of Credit 125,000 80,000
Accrued Expenses 160,244 159,403
TOTAL CURRENT LIABILITIES $ 380,679 $ 360,761
STOCKHOLDERS' EQUITY    
Preferred Stock, 496,000,000 shares authorized, none issued
Series A Cumulative Convertible Preferred Stock, no par value, 4,000,000 shares authorized; 194,100 shares issued and outstanding $ 149,950 $ 149,950
Common Stock, no par value, 80,000,000 shares authorized; 8,060,388 shares issued and outstanding $ 4,421,676 $ 4,421,676
Paid-in Capital $ 6,000 $ 6,000
Accumulated Deficit (2,187,145) (2,421,958)
TOTAL STOCKHOLDERS' EQUITY 2,390,481 2,155,668
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,771,160 $ 2,516,429