9. LONG-TERM INCENTIVE PLAN AWARDS (Tables)

9 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Option Activity

						Weighted-
						Average
				Weighted-		Remaining
				Average		Contractual		Aggregate
				Exercise		Life		Intrinsic
Options	Shares			Price		(In Years)		Value
Outstanding as of June 30, 2015		850,337		$	1.24		4.36	$	306,583
Granted		–
Exercised		(13,334	)		1.34		5.64		(33,335	)
Cancelled		–
Forfeited or Expired		–
Outstanding as of March 31, 2016		837,003		$	1.24		3.58	$	1,056,450
Exercisable as of March 31, 2016		837,003		$	1.24		3.58	$	1,056,450