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Capital Stock (Tables)

9 Months Ended

Mar. 31, 2016

Equity [Abstract]

Summary of Option Activity Under Stock Incentive and Compensation Plan

A summary of option activity under the Stock Incentive and Compensation Plan  as of March 31, 2016, and changes during the three month period ended is presented below.

Options		Options				Weighted Average Exercise Price				Weighted- Average Remaining Contractual Term				Aggregate Intrinsic Value ($)
Outstanding at July 1, 2015			995,000			$	1.53
Granted			—				—
Exercised			—				—
Forfeited or expired			—				—
Outstanding at March 31, 2016			995,000			$	1.53				4.25				—
Exercisable at March 31, 2016			331,670			$	1.53				4.25				—

Summary of Status of Non-Vested Shares

A summary of the status of Paramount’s non-vested shares as of July 1, 2015 and changes during the nine month period ended March 31, 2016 is presented below.

Non-vested Options		Shares				Weighted- Average Grant- Date Fair Value
Non-vested at July 1, 2015			663,330			$	1.13
Granted			—				—
Vested			—				—
Forfeited			—				—
Non-vested at March 31, 2016			663,330			$	1.13

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- References

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- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- Definition

Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value.

+ References

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