CUSTOMER RELATIONSHIPS

12 Months Ended

Jun. 30, 2014

Notes to Financial Statements

NOTE 7 - CUSTOMER RELATIONSHIPS

 Customer relationships consist of the following at June 30:

	2014			2013
Customer relationships	$	4,223,161		$	4,223,161
Less accumulated amortization		(2,305,142	)		(1,882,826	)
	$	1,918,019		$	2,340,335

 Amortization expense for the years ended June 30, 2014 and 2013 was $422,316 and $422,316, respectively.

 Estimated aggregate amortization expense is as follows:

Year ending June 30:
2015	$	422,316
2016	$	422,316
2017	$	422,316
2018	$	422,316
2019	$	228,755
Thereafter	$	-