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OUTSTANDING STOCK OPTIONS (Tables)
3 Months Ended
Sep. 30, 2012
Outstanding Stock Options  
Fixed stock options and warrants outstanding and exercisable

The following tables summarize information about fixed stock options and warrants outstanding and exercisable at September 30, 2012:

 

      Options and Warrants   Options and Warrants
      Outstanding   Exercisable
      at September 30, 2012   at September 30, 2012
                       
          Weighted            
      Number   average   Weighted   Number   Weighted
      outstanding at   remaining   average   exercisable at   average
Range of   September 30,   contractual   exercise   September 30,   exercise
exercise prices   2012   life (years)   price   2012   price
Options                    
$ 1.50 - 2.50   12,300   0.82   $1.61   12,300   $1.61
Warrants                    
$ 1.80   50,000   1.28   $1.80   50,000   $1.80
      62,300   1.19   $1.76   62,300   $1.76