Earnings Per Share

9 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the nine and three months ended March 31, 2012 and 2011 are computed as follows:

	For the nine months ended March 31,				For the three months ended March 31,
	2012 (Unaudited)		2011 (Unaudited)		2012 (Unaudited)		2011 (Unaudited)
Net earnings	$	322,578	$	305,907	$	73,684	$	91,841
Weighted average shares outstanding		7,033,732		7,033,732		7,033,732		7,033,732
Basic and fully diluted earnings per share	$	.05	$	.04	$	.01	$	.01

At March 31, 2012, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.