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7. EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

EARNINGS PER SHARE

The weighted average number of shares outstanding used to compute earnings per share is as follows:

		Three Months Ended September 30,
		2012				2011
Net income (loss) attributable to parent company		$	738,584			$	(452,584	)
Weighted-average shares of common stock outstanding:
Basic			11,832,248				11,832,284
Diluted			12,037,036				11,832,284
Basic earnings (loss) per share attributable to parent company stockholders		$	0.06			$	(0.04	)
Diluted earnings (loss) per share attributable to parent company stockholders		$	0.06			$	(0.04	)

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

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