PURCHASE OF ATLANTIC PROJECTS COMPANY LIMITED (Tables) - Atlantic Projects Company Limited [Member]

9 Months Ended

Oct. 31, 2015

Schedule of net cash used in the acquisition of APC

Net assets acquired	$	11,101,000
Less-shares of common stock issued	3,536,000
Less-escrow liability	1,081,000
Less-cash acquired	2,274,000
Net cash used	$	4,210,000

Schedule of fair values of assets and liabilities of APC

Cash	$	2,274,000
Accounts receivable	5,735,000
Costs and estimated earnings in excess of billings	3,177,000
Prepaid expenses and other assets	592,000
Property, plant and equipment	1,303,000
Intangible assets (defined lives)	543,000
Goodwill	4,051,000
Less-accounts payable and accrued expenses (including cash dividends payable)	5,830,000
Less-deferred taxes and other liabilities	744,000
Net assets acquired	$	11,101,000