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2. Acquisition (Tables)
12 Months Ended
Jun. 30, 2012
Text Block [Abstract]  
Purchase Price Allocation

 

Technology, trademarks, and in-process research & development (“IPR&D”) $500,000
Sublicense agreements              294,000
Engineering drawings and software                64,000
Non-competition agreements                18,000
Goodwill* 142,000
   
Total Purchase Price $1,018,000

Pro Forma Results
    2012    2011 
           
Net sales  $6,352,700   $6,019,800 
           
Net income (loss)  $(48,200)  $83,400 
           
Net income (loss) per share – basic  $(.04)  $.06 
           
Net income (loss) per share - diluted  $(.04)  $.06