STOCKHOLDERS' EQUITY

3 Months Ended

Sep. 30, 2011

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

11.           STOCKHOLDERS’ EQUITY

The following table summarizes the changes in stockholders’ equity for the three month periods ended:

	September 30,			September 30,
	2011			2010
Net income	$	280,597		$	562,859
Dividends declared	(442,962		)	(442,962		)
Stock-based compensation expense	124,671			110,750
(Decrease) / Increase in Stockholders’ Equity	$	(37,694	)	$	230,647