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INCOME (LOSS) PER SHARE (Details) - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Class of Stock [Line Items]    
Net Income $ 140,909 $ 50,268
Preferred Dividend Requirements:    
Total Dividend Requirements 128,072 128,072
Net Income (Loss) - Common Stockholders $ 12,837 $ (77,804)
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 $ 0.01 $ (0.08)
Diluted Earnings (Loss) per Share $ 0.01 $ (0.08)
6% Prior Cumulative Preferred, $5 par value    
Preferred Dividend Requirements:    
Total Dividend Requirements $ 60,000 $ 60,000
5% Convertible Cumulative Preferred, $20 par value    
Preferred Dividend Requirements:    
Total Dividend Requirements $ 68,072 $ 68,072