OTHER INVESTMENTS, NET

6 Months Ended

Dec. 31, 2018

Investments, All Other Investments [Abstract]

Other Investments Disclosure [Text Block]

NOTE 6 – OTHER INVESTMENTS, NET

The Company may also invest, with the approval of the securities investment committee and other Company guidelines, in private investment equity funds and other unlisted securities, such as convertible notes through private placements. Those investments in non-marketable securities are carried at cost on the Company’s balance sheet as part of other investments, net of other than temporary impairment losses.

Other investments, net consist of the following:

Type	December 31, 2018		June 30, 2018
Private equity hedge fund, at cost	$	294,000	$	344,000
Other investments		130,000		130,000
	$	424,000	$	474,000