Quarterly report pursuant to Section 13 or 15(d)

Investments

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Investments
 3 Months Ended
Sep. 30, 2011
Investments Debt And Equity Securities [Abstract]  
Investments In Debt And Marketable Equity Securities And Certain Trading Assets Disclosure Text Block

Note 15 Investments

Marketable Securities

At September 30, 2011, MPC held the following marketable securities which are expected to be held until maturity:

September 30, 2011   Par Value   Maturity Date   Carrying Amount   Fair Value
Short-term securities                      
U.S. Treasury Bills   $ 600,000   October 13, 2011   $ 599,993   $ 599,994
U.S. Treasury Bills     600,000   November 25, 2011     599,989     599,964
U.S. Treasury Bills     600,000   December 15, 2011     599,988     599,976
U.S. Treasury Bills     600,000   January 12, 2012     599,912     599,946
                       
Total   $ 2,400,000       $ 2,399,882   $ 2,399,880

At June 30, 2011, MPC did not have any marketable securities.

Securities Available-for-Sale

The Company classifies securities that have a readily determinable fair value and are not bought and held principally for the purpose of selling them in the near term as securities available-for-sale. Unrealized holding gains and losses for available-for-sale securities are excluded from earnings and reported in accumulated other comprehensive income until realized. Net unrealized loss related to these securities was $33,772 and is included in accumulated other comprehensive income. The Company held the following securities classified as available for sale at September 30, 2011 and June 30, 2011:

  September 30, 2011     Fair Value
  Equity securities     $ 204,298
           
  June 30, 2011     Fair Value
  Equity securities     $ 238,070