EARNINGS PER SHARE (Tables)

3 Months Ended

Sep. 30, 2012

Schedule of Income (Loss) Per Share

The following table discloses the income (loss) per share for the three months ended September 30, 2012 and September 30, 2011, respectively:

	Three months ended September 30,
	2012						2011
	Income				Per Share		Income					Per Share
	(Loss)		Shares		Amount		(Loss)			Shares		Amount
Basic EPS
Net income (loss)	$	1,551,087		25,832,271	$	0.06	$	(850,597	)		25,669,718	$	(0.03	)
Effect of dilutive securities—stock options and warrants	$	—		216,777	$	0.00	$	—			—	$	0.00
Diluted EPS
Net income (loss)	$	1,551,087		26,049,048	$	0.06	$	(850,597	)		25,669,718	$	(0.03	)