XML 19 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2017
Nov. 30, 2016
Income Statement [Abstract]        
Sales $ 9,722,102 $ 9,221,711 $ 20,009,177 $ 17,065,972
Cost of Sales 8,588,065 7,992,441 16,976,241 14,868,884
Gross Profit 1,134,037 1,229,270 3,032,936 2,197,088
General, Selling and Administrative Expenses 621,013 664,275 1,452,416 1,387,304
Operating Income 513,024 564,995 1,580,520 809,784
Other Income (Expense):        
Other income 3,806 12,069
Interest expense (334,059) (306,169) (658,736) (542,800)
Income before Income Taxes 182,771 258,826 933,853 266,984
Provision for Income Taxes 38,700 73,400 259,500 54,550
Net Income 144,071 185,426 674,353 212,434
Income Attributable to Variable Interest Entity (61,915) (60,173) (122,968) (119,552)
Preferred Dividends (93,493) (84,144) (188,014) (169,212)
Net Income (Loss) Attributable to Common Stockholders $ (11,337) $ 41,109 $ 363,371 $ (76,330)
Income (Loss) Per Share of Common Stock - Basic and Diluted $ (0.00) $ 0.00 $ 0.01 $ (0.00)
Weighted Average Shares of Common Stock Outstanding - Basic 28,361,201 28,361,201 28,361,201 28,283,332
Weighted Average Shares of Common Stock Outstanding - Diluted 28,361,201 28,940,368 28,988,701 28,283,332