Quarterly report pursuant to sections 13 or 15(d)

Acquisition of Assets (Tables)

v2.4.0.6
Acquisition of Assets (Tables)
9 Months Ended
Mar. 31, 2013
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

As the purchase was treated as an acquisition of certain assets, the value assigned for the assets acquired for the price paid in cash is as follows:

 

Material inventory   $ 223,000  
Fixed assets     264,000  
Intangible assets     13,000  
    $ 500,000