Note M - Subsequent Events

3 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Subsequent Events [Text Block]

M. Subsequent Events

On July 30, 2015 we entered into a purchase and sale agreement for the sale of our domestic corporate headquarters in San Marcos, CA. This proposed sale is as of the result of an unsolicited offer for the purchase of our building. The first set of contingencies were satisfied effective October 12, 2015 converting the escrow deposit of $75,000 to non-refundable. There remains one significant additional contingency to the completion of the sale. As a result of this contingency, we are unable to estimate the final sales price or expected gain that will result from the completion of this sales transaction, or whether the transaction will be completed at all.