4. SECURITIES AVAILABLE-FOR-SALE

6 Months Ended

Dec. 31, 2015

Securities Available-for-sale Tables

4. SECURITIES AVAILABLE-FOR-SALE

On November 10, 2014, the Company received 600,000 shares of b Booth stock as part of an Asset License agreement with b Booth. The following table presents the amortized cost, gross unrealized gains, gross unrealized losses, and fair market value of available-for-sale equity securities, nearly all of which are attributable to the Company's investment in b Booth stock, as follows:

	December 31, 2015
	Amortized			Gross unrealized gains			Gross unrealized losses			Gross realized gains			Gross realized losses				Fair
	cost																value
Equity securities		$	1,800,000		$	-		$	-		$	-		$	(1,770,000	)		$	30,000
	June 30, 2015
	Amortized			Gross unrealized gains			Gross unrealized losses			Gross realized gains			Gross realized losses				Fair
	cost																value
Equity securities		$	-		$	-		$	-		$	-		$	-			$	-