3. Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2016

Investments, All Other Investments [Abstract]

Fair Value Inputs

			Fair Value Measurements Using Inputs Considered as
	Fair Value at  June 30, 2016		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	1,245,000	$	1,245,000	$	-	$	-
Available for sale securities		290,100		290,100		-		-
Total	$	1,535,100	$	1,535,100	$	-	$	-
Liabilities:
Contingent consideration	$	346,300	$	-	$	-	$	346,300

			Fair Value Measurements Using Inputs Considered as
	Fair Value at  June 30, 2015		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	482,000	$	482,000	$	-	$	-
Restricted cash		300,000		300,000		-		-
Available for sale securities		281,800		281,800		-		-
Total	$	1,063,800	$	1,063,800	$	-	$	-
Liabilities:
Contingent consideration	$	367,100	$	-	$	-	$	367,100

Analysis of changes in Level 3 financial liabilities

	2016	2015
Beginning balance	$                 367,100	$    500,000
Increase in contingent consideration liability	110,000	-
Payments	(130,800)	(132,900)
Ending balance	$                 346,300	$    367,100

Investments in Marketable Securitites

	Cost		Fair Value		Unrealized  Holding Gain  (Loss)
At June 30, 2016:
Available for sale:
Equity securities	$	29,300	$	40,700	$	11,400
Mutual funds		259,900		249,400		(10,500	)
	$	289,200	$	290,100	$	900

	Cost		Fair Value		Unrealized  Holding Gain  (Loss)
At June 30, 2015:
Available for sale:
Equity securities	$	29,300	$	35,800	$	6,500
Mutual funds		255,800		246,000		(9,800	)
	$	285,100	$	281,800	$	(3,300	)