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26. STOCK OPTIONS (Tables)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Fair value weighted average assumptions

 

    For the Year Ended June 30,  
    2015     2014  
             
Expected volatility   71.44%  to 104.94%     70.01% to 104.94%  
Risk-free interest rate   0.30% to 0.78%     0.30% to 0.78%  
Expected life (years)   2.50     2.50 to 3.25  

 

 
2007 Employee Plan [Member]    
Option activities

 

 

    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
Outstanding at July 1, 2014     130,000     $ 3.93       2.57     $ 13  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited or expired     -       -       -       -  
Outstanding at June 30, 2015     130,000     $ 3.93       1.57     $ -  
Exercisable at June 30, 2015     112,500     $ 4.06       1.28     $ -  

 

    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
Outstanding at July 1, 2013     263,500     $ 3.06       1.57     $ -  
Granted     50,000       3.26       -       -  
Exercised     (126,500     (1.89     -       -  
Forfeited or expired     (57,000     (3.81     -       -  
Outstanding at June 30, 2014     130,000     $ 3.93       2.57     $ 13  
Exercisable at June 30, 2014     103,750     $ 4.14       2.10     $ 3  
Company's non-vested employee stock options

          Weighted Average Grant-Date  
    Options     Fair Value  
Non-vested at July 1, 2014     26,250     $ 1.69  
Granted     -       -  
Vested     8,750       -  
Forfeited     -       -  
Non-vested at June 30, 2015     17,500     $ 1.69  

          Weighted Average Grant-Date  
    Options     Fair Value  
Non-vested at July 1, 2013     20,375     $ 3.26  
Granted     50,000       1.65  
Vested     (44,125 )     (2.33
Forfeited     -       -  
Non-vested at June 30, 2014     26,250     $ 1.69  
2007 Directors Equity Incentive Plan [Member]    
Option activities
    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
                                 
Outstanding at July 1, 2014     315,000     $ 3.62       2.63     $ 24  
Granted     50,000       3.81       -       -  
Exercised     -       -       -       -  
Forfeited or expired     -       -       -       -  
Outstanding at June 30, 2015     365,000     $ 3.65       1.99     $ 53  
Exercisable at June 30, 2015     365,000     $ 3.65       1.99     $ 53  
    Options    

Weighted Average

Exercise

Price

   

Weighted Average Remaining

Contractual

Term (Years)

   

Aggregate

Intrinsic

Value

 
                                 
Outstanding at July 1, 2013     350,000     $ 3.53       1.96     $ 80  
Granted     100,000       3.41       4.31       -  
Exercised     (65,000     1.72       -       98  
Forfeited or expired     (70,000 )     (4.81 )     -       -  
Outstanding at June 30, 2014     315,000     $ 3.62       2.63     $ 24  
Exercisable at June 30, 2014     315,000     $ 3.62       2.63     24