5. SECURITIES AVAILABLE-FOR-SALE

12 Months Ended

Jun. 30, 2017

Securities Available-for-sale

5. 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:

	June 30, 2017
	Amortized cost		Gross unrealized gains		Gross unrealized losses		Gross realized gains		Gross realized losses		Fair value
Equity securities	$	63,600	$	-	$	-	$	60,000	$	-	$	123,600

	June 30, 2016
	Amortized cost		Gross unrealized gains		Gross unrealized losses		Gross realized gains		Gross realized losses			Fair value
Equity securities	$	1,800,000	$	33,600	$	-	$	-	$	(1,770,000	)	$	63,600