Subsequent Events

9 Months Ended

Mar. 31, 2012

Subsequent Events [Abstract]

Subsequent Events

9.  Subsequent Events

The Board of Directors of the Company appointed Albin F. Moschner to serve as director of the Company effective April 26, 2012. Mr. Moschner was appointed to fill an existing vacancy on the Board of Directors.

Bradley M. Tirpak (“Tirpak”), a shareholder and former Board member, has notified the Company that he has nominated seven individuals, including himself, for election to the Board at the 2012 annual meeting of shareholders currently scheduled for June 28, 2012. Tirpak’s nominees are not endorsed by the Board of Directors, and the Board intends to recommend that shareholders vote for the slate of nominees proposed by the Board.