Receivable

12 Months Ended

Jan. 31, 2012

Accounts Receivable

Receivable

4. Accounts Receivable

Accounts Receivable is stated at the amount management expects to collect from outstanding balances. An allowance for doubtful accounts is provided for those accounts receivable considered to be uncollectible, based upon historical experience and management's evaluation of outstanding accounts receivable at each quarter end. As of January 31, 2012, Accounts Receivable was $994,118, net of a provision for bad debt of $42,576, and represents amounts invoiced by AMH and LALC. Accounts Receivable was $704,971, net of the provision for bad debt of $34,746, on January 31, 2011.

Officer

Receivable

5. Receivable from officers

Receivable from officers represent compensation payments made in fiscal year 2010 above contractual amounts. These amounts were expensed in fiscal year 2012 in exchange for additional physical services provided to the company.