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Trademark and Patents
12 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]
Note 6 – Trademark and Patents
 
Trademark and patents, stated at cost, less accumulated amortization consisted of the following:
 
 
 
June 30,
2015
 
June 30, 
2014
 
 
 
 
 
 
 
 
 
Trademarks and Patents
 
$
458,954
 
$
458,954
 
Less Accumulated Amortization
 
 
(59,217)
 
 
(50,696)
 
Trademarks and Patents, Net
 
$
399,737
 
$
408,258
 
 
Amortization expense amounted to $8,521, $8,775, and $8,774 for the years ended June 30, 2015, 2014 and 2013, respectively.
 
The Company amortizes our trademarks and patents over their expected original useful lives of 17 years.
 
Amortization expense in future years is as follows:
 
2016
 
$
8,521
 
2017
 
 
8,521
 
2018
 
 
8,521
 
2019
 
 
8,521
 
2020
 
 
8,521
 
Thereafter
 
 
357,132
 
 
 
 
 
 
Total amortization
 
$
399,737