4. INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2016

Income Tax Disclosure [Abstract]

Schedule of tax rate reconciliation

	2016			2015
Income tax expense (benefit) at federal statutory rate		(34.0	)%		(34.0	)%
Increase (decrease) in tax resulting from:
State taxes, net of federal benefit		(6.3	)		(5.3	)
Change in valuation allowance		30.6			36.9
Stock based compensation		9.3			4.3
Nondeductible items		0.4			0.2
Prior-year tax adjustments		0.8			(2.1	)
Other		(0.9	)		(0.1	)
Effective tax rate		(0.1	)%		(0.1	)%

Schedule of deferred tax assets and liabilities

	2016			2015
Deferred tax assets:
Net operating loss carry forwards	$	3,396,000		$	3,161,000
Tax credit carry forwards		439,000			414,000
Reserves and accruals not yet deducted for tax purposes		362,000			305,000
Total deferred tax assets		4,197,000			3,880,000
Valuation allowance		(4,197,000	)		(3,880,000	)
Net deferred tax asset	$	–		$	–