Note 8. Gain on Extinguishment of Liabilities	12 Months Ended
Jun. 30, 2012
Schedule of Extinguishment of Debt [Table Text Block]	8. GAIN ON EXTINGUISHMENT OF LIABILITIES: During the year ended June 30, 2012, the Company recognized other income due to the extinguishment of liabilities of $125,796, resulting from the legal release of certain accounts payable. These accounts payable, which related to business activities of the Company discontinued during the 2006 fiscal year, were outstanding for 5-6 years and the vendor had made no attempt to collect these amounts from the Company over the past several years. The extinguishment of liabilities was recorded after a review of the statute of limitations in the state in which the original liability was incurred.

Note 8. Gain on Extinguishment of Liabilities

12 Months Ended

Jun. 30, 2012

Schedule of Extinguishment of Debt [Table Text Block]

8. GAIN ON EXTINGUISHMENT OF LIABILITIES:

During the year ended June 30, 2012, the Company recognized other income due to the extinguishment of liabilities of $125,796, resulting from the legal release of certain accounts payable. These accounts payable, which related to business activities of the Company discontinued during the 2006 fiscal year, were outstanding for 5-6 years and the vendor had made no attempt to collect these amounts from the Company over the past several years. The extinguishment of liabilities was recorded after a review of the statute of limitations in the state in which the original liability was incurred.

- Definition

Tabular disclosure of debt extinguished which may include, amount of gain (loss), the income tax effect and the per share amount of the aggregate gain (loss), net of the related income tax.

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