Quarterly report pursuant to Section 13 or 15(d)

Segment Information

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Segment Information
 6 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Segment Reporting Disclosure Text Block

Note 11 Segment Information

Prior to the Form 10-Q for the three months ended September 30, 2011, our reportable segments included MPC, NP, and MPAL. During the quarter ended September 30, 2011, MPC completed a restructuring of its North American assets (See Note 4) resulting in a change to its reportable segments. Segment groupings for the six months ended December 31, 2010, have been reclassified to conform to the current presentation.

The Company has two reportable segments, MPAL and NP, as well as a head office which is treated as a cost center. See Note 4 detailing the restructuring of our NP segment. The Company's chief operating decision maker is J. Thomas Wilson (President and CEO of the Company) who reviews the results of the Australian and North American businesses on a regular basis. Both segments engage in business activities from which each may earn revenues and incur expenses. MPAL and its subsidiaries are considered one segment.

Segment information for the Company's two operating segments is as follows:

  MPAL   NP   Corporate Overhead   Inter-segment Elimination   Total
Three months ended December 31,   (In thousands)
2011                            
Revenues $ 1,551   $ 1,651   $ -   $ -   $ 3,202
Consolidated net loss attributable to MPC $ (2,378)   $ (307)   $ (1,870)   $ (2)   $ (4,557)
                             
2010                            
Revenues $ 3,210   $ 1,251   $ 1,125   $ (1,125)   $ 4,461
Consolidated net income (loss) attributable to MPC $ 22   $ 82   $ (2,203)   $ -   $ (2,099)
                             
Six months ended December 31,                            
2011                            
Revenues $ 4,056   $ 2,882   $ -   $ -   $ 6,938
Consolidated net (loss) income attributable to MPC $ (3,309)   $ 3,757   $ (4,060)   $ (5)   $ (3,617)
                             
2010                            
Revenues $ 5,843   $ 2,317   $ 1,125   $ (1,125)   $ 8,160
Consolidated Net (loss) income attributable to MPC $ (1,151)   $ 38   $ (4,362)   $ -   $ (5,475)