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Note 3. Earning per Share
9 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Net income (loss) earnings per Share

The following table sets forth the computation of basic and diluted net income (loss) per share:
 
Three Months Ended March 31,
 
Nine Months Ended March 31,
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
  Numerator for basic and diluted earnings per share
 
 
 
 
 
 
 
Net income (loss) from continuing operations
$
112,354

 
$
(283,761
)
 
$
68,426

 
$
(781,424
)
Net (loss) income from discontinued operations, net of tax
(26,270
)
 
(2,103
)
 
(77,649
)
 
4,055,506

Net income (loss)
$
86,084

 
$
(285,864
)
 
$
(9,223
)
 
$
3,274,082

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

 
$
(0.04
)
 
$
0.01

 
$
(0.10
)
      Discontinued operations

 

 
(0.01
)
 
0.54

 
$
0.01

 
$
(0.04
)
 
$

 
$
0.44

   Diluted:
 
 
 
 
 
 
 
      Continuing operations
$
0.01

 
$
(0.04
)
 
$
0.01

 
$
(0.10
)
      Discontinued operations

 

 
(0.01
)
 
0.54

 
$
0.01

 
$
(0.04
)
 
$

 
$
0.44