EQUITY TRANSACTIONS (Tables)

12 Months Ended

Jun. 30, 2012

EQUITY TRANSACTIONS [Abstract]

Stock options exercised to purchase common stock

NOTE 6 - EQUITY TRANSACTIONS

During the years ended June 30, 2012, 2011 and 2010, stock options to purchase shares of the Company's common stock were exercised as follows:

	Year Ended June 30,
	2012		2011		2010
Options Exercised		89,443		62,500		972,874
Proceeds (in thousands)	$	65	$	49	$	1,073
Average exercise price per share	$	0.73	$	0.78	$	1.10