XML 36 R17.htm IDEA: XBRL DOCUMENT

Note 10 - Subsequent Events:	6 Months Ended
Dec. 31, 2012
Subsequent Events [Text Block]	10. SUBSEQUENT EVENTS: The Company has evaluated events that occurred subsequent to December 31, 2012 for recognition and disclosure in the financial statements and notes to the financial statements. The Company has issued 10,746 shares of the Company’s common shares to an employee and a consultant valued at approximately $18,900. The Company has accrued additional deferred compensation totaling approximately $59,500 of which $26,000 and $21,000, respectively, is owed to Mr. Bassani and Mr. Smith, and $12,500 is due to Mr. Shafer.

Note 10 - Subsequent Events:

6 Months Ended

Dec. 31, 2012

10. SUBSEQUENT EVENTS:

The Company has evaluated events that occurred subsequent to December 31, 2012 for recognition and disclosure in the financial statements and notes to the financial statements.

The Company has issued 10,746 shares of the Company’s common shares to an employee and a consultant valued at approximately $18,900.

The Company has accrued additional deferred compensation totaling approximately $59,500 of which $26,000 and $21,000, respectively, is owed to Mr. Bassani and Mr. Smith, and $12,500 is due to Mr. Shafer.