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7. Earnings (Loss) per common share (Tables)
3 Months Ended
Sep. 30, 2012
Equity [Abstract]  
Earnings per common share

Earnings (Loss) per common share was computed as follows: For the Three Month

 

    For the Three Month  
    Periods Ended  
    September 30,  
    2012     2011  
             
Net income (loss)   $ (62,200 )   $ 59,400  
                 
Weighted average common shares outstanding     1,335,712       1,196,577  
Dilutive securities     -       14,924  
Weighted average dilutive common shares outstanding     1,335,712       1,211,501  
                 
Basic earnings (loss) per common share   $ (0.05 )   $ 0.05  
                 
Diluted earnings (loss) per common share   $ (0.05 )   $ 0.05