7. Earnings (Loss) per common share (Tables)

6 Months Ended

Dec. 31, 2012

Equity [Abstract]

Earnings per common share

Earnings (Loss) per common share was computed as follows:

	For the Three Month					For the Six Month
	Periods Ended					Periods Ended
	December 31,					December 31,
	2012		2011			2012		2011
Net income (loss)	$	138,400	$	(55,300	)	$	76,200	$	4,000
Weighted average common shares outstanding		1,337,175		1,265,613			1,336,444		1,231,095
Dilutive securities		3,765		-			4,463		14,873
Weighted average dilutive common shares outstanding		1,340,940		1,265,613			1,340,907		1,245,968
Basic earnings (loss) per common share	$	0.10	$	(0.04	)	$	0.06	$	-
Diluted earnings (loss) per common share	$	0.10	$	(0.04	)	$	0.06	$	-