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

9 Months Ended

Mar. 31, 2013

Equity [Abstract]

Earnings per common share

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

	For the Three Month					For the Nine Month
	Periods Ended					Periods Ended
	March 31,					March 31,
	2013		2012			2013		2012
Net income (loss)	$	150,100	$	(8,200	)	$	226,300	$	(4,200	)
Weighted average common shares outstanding		1,337,663		1,335,712			1,336,844		1,265,714
Dilutive securities		4,701		-			4,543		-
Weighted average dilutive common shares outstanding		1,342,364		1,335,712			1,341,387		1,265,714
Basic earnings (loss) per common share	$	0.11	$	(0.01	)	$	0.17	$	(0.00	)
Diluted earnings (loss) per common share	$	0.11	$	(0.01	)	$	0.17	$	(0.00	)