Note 3 - Property And Equipment:

3 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

3.    PROPERTY AND EQUIPMENT:

Property and equipment consists of the following:

	September 30, 2013			June 30, 2013
Machinery and equipment	$	5,432,947		$	5,432,947
Buildings and structures		2,574,010			2,574,010
Leasehold improvements		-			31,336
Furniture		-			28,932
Computers and office equipment		240,335			243,058
		8,247,292			8,310,283
Less accumulated depreciation		(1,164,187	)		(979,263	)
	$	7,083,105		$	7,331,020

During the year ended June 30, 2013, Kreider 1 was placed into service and the capitalized costs of $8,219,617 were allocated among its separately identifiable components. Depreciation expense was $245,996 and $165,791 for the three months ended September 30, 2013 and 2012, respectively.