OUTSTANDING STOCK OPTIONS

6 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Note 5.OUTSTANDING STOCK OPTIONS

 The following tables summarize information about fixed stock options and warrants outstanding and exercisable at December 31, 2011:

		Options and Warrants			Options and Warrants
		Outstanding			Exercisable
		at December 31, 2011			at December 31, 2011
			Weighted
		Number	average	Weighted	Number	Weighted
		Outstanding at	remaining	average	Exercisable at	average
Range of		December 31,	contractual	exercise	December 31,	exercise
exercise prices		2011	life (years)	price	2011	price
Options
$	1.50 - 2.50	14,280	1.58	$1.73	14,280	$1.73
Warrants
$	1.80 - 3.30	237,249	0.81	$2.98	237,249	$2.98
		251,529	0.85	$2.91	251,529	$2.91