Annual report pursuant to Section 13 and 15(d)

Note 4 - Property, Plant and Equipment

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Note 4 - Property, Plant and Equipment
12 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 4 - PROPERTY, PLANT
AND EQUIPMENT
 
Property, plant and equipment, net consist of the following at June 30,
2016 and 2015:
 
   
2016
   
2015
 
Vehicles
  $ 1,000     $ 1,000  
Machinery and equipment
    71,000       66,000  
Office equipment
    105,000       105,000  
Furniture and Equipment
    34,000       34,000  
      211,000       206,000  
Less: Accumulated depreciation
    (165,000
)
    (140,000
)
Property, plant and equipment, net
  $ 46,000     $ 66,000  
 
Depreciation expense was approximately $
25,000 and $32,000, for fiscal years 2016 and 2015, respectively, and is included in selling and administrative expenses in the accompanying consolidated statements of operations.