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Note 21 - Subsequent Events
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6 Months Ended |
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Dec. 31, 2012
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| Subsequent Events [Text Block] |
NOTE
21 - SUBSEQUENT EVENTS
121,704
shares were issued to the holders of convertible note against
conversion of $600,000 of principal value.
Employees
of the Company exercised options to acquire 58,000 shares of
common stock valued at $265,000.
One
of the officers of the Company exercised options to acquire
11,538 shares of common stock valued at $75,000.
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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