Earnings Per Share

6 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the six and three months ended December 31, 2011 and 2010 are computed as follows:

	For the six months ended December 31,				For the three months ended December 31,
	2011 (Unaudited)		2010 (Unaudited)		2011 (Unaudited)		2010 (Unaudited)
Net earnings	$	248,894	$	214,066	$	15,396	$	82,114
Weighted average shares outstanding		7,033,732		7,033,732		7,033,732		7,033,732
Basic and fully diluted earnings per share	$	.04	$	.03	$	.01	$	.01

At December 31, 2011, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.