NOTE 8 - INCOME TAXES

9 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

NOTE 8 – INCOME TAXES

As of March 31, 2017 the Company has net income year to date.  As such, the Company is working with its tax professionals to utilize available net operating loss carryforwards.  Due to the difference between our taxed effected net income as of this period end and the net operating loss of approximately $17,300,000 as of June 30, 2016, the Company continues to apply a 100% valuation allowance on any remaining deferred tax asset.