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EARNINGS PER SHARE (Tables)
3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Earning Per Share

The following table sets forth the computation for basic and diluted EPS:

 

     Three Months Ended September 30,  
     2013     2012  

Income (loss) from continuing operations

   $ (8,768   $ 93,039   

Loss from discontinued operations

     (28,645     (44,239
  

 

 

   

 

 

 

Net income (loss)

   $ (37,413   $ 48,800   
    

Weighted average number of outstanding shares

    

Basic

     15,471,268        15,475,887   
    

Effect of dilutive securities

    

Employee stock options

     -        -   
  

 

 

   

 

 

 

Diluted

              15,471,268                 15,475,887   
  

 

 

   

 

 

 
    

Earnings (loss) per share

    

Basic:

    

Income (loss) from continuing operations

   $ 0.00      $ 0.00   

Loss from discontinued operations

   $ 0.00      $ 0.00   
  

 

 

   

 

 

 

Net income (loss)

   $ 0.00      $ 0.00   

Diluted:

    

Income (loss) from continuing operations

   $ 0.00      $ 0.00   

Loss from discontinued operations

   $ 0.00      $ 0.00   
  

 

 

   

 

 

 

Net income (loss)

   $ 0.00      $ 0.00