STOCK COMPENSATION PLAN (Tables)

12 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Options and warrants activity

     A schedule of the options and warrants activity for the years ended June 30, 2013 and 2012 is as follows:

	Number of Options		Number of Warrants		Price per share
Outstanding at June 30, 2011		14,880		574,416	$	1.50-4.25
Granted		-		-		-
Exercised		(800)		(148,953)		2.50-4.25
Cancelled		-		-		-
Expired		(1,200)		(375,463)		2.50-4.25
Outstanding at June 30, 2012		12,880		50,000	$	1.50-1.80
Granted		-		423,810		3.50-3.60
Exercised		-		(30,644)		1.80
Cancelled		(580)		(19,356)		1.80-2.50
Expired		-		-		-
Outstanding at June 30, 2013		12,300		423,810	$	1.50-3.60