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Note 3. Earning per Share
6 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Net (Loss) income earnings per Share

The following table sets forth the computation of basic and diluted net (loss) income per share:
 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
2013

 
2012

 
2013

 
2012

 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
  Numerator for basic and diluted earnings per share
 
 
 
 
 
 
 
(Loss) income from continuing operations
$
(82,715
)
 
$
126,527

 
$
(43,870
)
 
$
(497,864
)
(Loss) income from discontinued operations
(25,834
)
 
3,866,858

 
(51,439
)
 
4,057,824

 Net (loss) income
$
(108,549
)
 
$
3,993,385

 
$
(95,309
)
 
$
3,559,960

Denominator:
 
 
 
 
 
 
 
  Denominator for basic earnings per share - weighted average shares
7,526,430

 
7,526,430

 
7,526,430

 
7,526,430

  Effect of dilutive securities:
 
 
 
 
 
 
 
    Stock options and warrants

 

 

 

    Shares reserved for future exchange

 

 

 

 Denominator for diluted earnings per share - weighted average and assumed conversion

7,526,430

 
7,526,430

 
7,526,430

 
7,526,430

 
 
 
 
 
 
 
 
Net (loss) income per share
 
 
 
 
 
 
 
   Basic:
 
 
 
 
 
 
 
      Continuing operations
$
(0.01
)
 
$
0.02

 
$

 
$
(0.07
)
      Discontinued operations

 
0.51

 
(0.01
)
 
0.54

 
$
(0.01
)
 
$
0.53

 
$
(0.01
)
 
$
0.47

   Diluted:
 
 
 
 
 
 
 
      Continuing operations
$
(0.01
)
 
$
0.02

 
$

 
$
(0.07
)
      Discontinued operations

 
0.51

 
(0.01
)
 
0.54

 
$
(0.01
)
 
$
0.53

 
$
(0.01
)
 
$
0.47