7. Equity (Details Narrative) (USD $)

3 Months Ended

Sep. 30, 2013

Equity Details Narrative

Unrealized gain on marketable securities

$ 25,400

Repurchase of common stock, amount

$ 22,900

Repurchase of common stock, per share

$ 0.46

Repurchase of common stock, shares

50,000

Repurchase stock program

In December 2011, the Company announced that its board of directors had authorized a stock repurchase program whereby the Company could repurchase up to 2 million shares of its outstanding common stock over the next 12 months. The stock repurchase program was extended, under the same limitation, through December 31, 2013. For the three months ended September 30, 2013, the Company had repurchases under the program for a total of 50,000 shares at a cost of approximately $22,900, or $.46 per share.

Preferred stock, issued

0

Preferred stock, outstanding

0