SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2016

Significant Accounting Policies Tables

Basic and diluted earnings per share

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2016		2015		2016		2015
Numerator
Net income (loss) applicable to common shareholders	$	1,182,880	$	110,623	$	1,610,529	$	(496,057	)
Denominator
Weighted average common shares outstanding, basic		19,338,000		19,147,000		19,302,000		19,094,000
Warrants to purchase common stock		975,000		888,000		191,000		-
Weighted average common shares outstanding, diluted		20,313,000		20,034,000		19,493,000		19,094,000
Net income (loss) per share
Basic	$	0.06	$	0.01	$	0.08	$	(0.03	)
Diluted	$	0.06	$	0.01	$	0.08	$	(0.03	)