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Stock Options

12 Months Ended

Jun. 30, 2016

Stock Options [Abstract]

NOTE 12 – STOCK OPTIONS

There were no issuances of stock options during the years ended June 30, 2016 and 2015.

Options outstanding and related weighted average price and intrinsic value are as follows:

						Weighted
						Average				Aggregate
		Number				Exercise				Intrinsic
		of Shares				Price				Value
Outstanding, June 30, 2014			115,099			$	14.66			$	-
Granted			-
Forfeited/Canceled			(115,099	)
Exercised			-
Outstanding, June 30, 2015			-			$	-			$	-
Granted			-
Forfeited/Canceled			-
Exercised			-
Outstanding, June 30, 2016			-			$	-			$	-

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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