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INCOME (LOSS) PER SHARE (Details) (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Class of Stock [Line Items]    
Net income (loss) $ (100,886) $ 9,347
Preferred dividend requirements:    
Total dividend requirements 128,072 128,072
Net loss - common stockholders (228,958) (118,725)
Weighted average of shares - Basic (in shares) 969,834 969,834
Dilutive effect of contingently issuable shares (in shares) 1,033,334 1,033,334
Weighted Average Shares - Diluted (in shares) 2,003,168 2,003,168
Basic earnings (loss) per share (in dollars per share) $ (0.24) $ (0.12)
Diluted earnings per share (in dollars per share) $ (0.24) $ (0.12)
6% Prior cumulative preferred stock
   
Preferred dividend requirements:    
Total dividend requirements 60,000 60,000
5% Convertible Cumulative Preferred Stock
   
Preferred dividend requirements:    
Total dividend requirements $ 68,072 $ 68,072