12. Stock Options

12 Months Ended

Jun. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

12. Stock Options

Option activity is summarized as follows:

	Fiscal 2012		Fiscal 2011
		Weighted-		Weighted-
		Average		Average
		Exercise		Exercise
	Shares	Price	Shares	Price
Shares under option:
Outstanding, beginning of year	57,000	$    2.45	45,000	$    2.24
Granted	15,000	3.54	12,000	3.21
Exercised	(4,000)	2.40	-	-
Forfeited	(8,000)	2.40	-	-
Outstanding, end of year	60,000	2.73	57,000	2.45
Options exercisable at year-end	52,833	$    2.62	52,833	$    2.40
Weighted average fair value per share of options granted during fiscal 2012 and 2011		$    1.04		$    1.66

	As of June 30, 2012 Options Outstanding				As of June 30, 2012 Exercisable
			Weighted-
			Average	Weighted-		Weighted-
Range			Remaining	Average		Average
Exercise		Number	Contractual	Exercise	Number	Exercise
Prices		Outstanding	Life (Years)	Price	Outstanding	Price
$1.25-$1.88		20,000	1.54	$   1.59	20,000	$   1.59
$3.07-$3.71		40,000	4.72	$   3.30	32,833	$   3.25
		60,000			52,833

	As of June 30, 2011 Options Outstanding				As of June 30, 2011 Exercisable
			Weighted-
			Average	Weighted-		Weighted-
Range			Remaining	Average		Average
Exercise		Number	Contractual	Exercise	Number	Exercise
Prices		Outstanding	Life (Years)	Price	Outstanding	Price
$1.25-$2.40		32,000	1.77	$   1.89	32,000	$   1.89
$3.07-$3.24		25,000	4.94	$   3.16	20,833	$   3.17
		57,000			52,833