RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)

3 Months Ended

May 31, 2013

Restatement Of Previously Issued Financial Statements Tables

Restatement

The following table summarizes the corrections by financial statement line item for the three months ended May 31, 2012:

	As of and for the Three
	Months ended May 31, 2012
	(unaudited)
	As previously reported			Restatement adjustments			As restated
Balance Sheet
Goodwill	$	47,484,708		$	13,494,475		$	60,979,183
Intangible assets, net		41,135,654			2,618,723			43,754,377
Total assets		96,829,482			16,113,198			112,942,680
Deferred income tax liability		-			3,517,652			3,517,652
Total liabilities		29,864,115			3,517,652			33,381,767
Accumulated deficit		(80,094,067	)		12,595,546			(67,498,521	)
Total stockholders' equity		66,965,367			12,595,546			79,560,913
Total liabilities and stockholders' equity		96,829,482			16,113,198			112,942,680
Statement of Cash Flows								-
Net loss		(7,560,996	)		2,618,723			(4,942,273	)
Deferred income tax benefit		-			(2,618,723	)		(2,618,723	)
Statement of Shareholders' Equity								-
Accumulated deficit		(80,094,067	)		12,595,546			(67,498,521	)
Stockholders' equity		66,965,367			12,595,546			79,560,913
Statement of Operations								-
Net loss		(7,560,996	)		2,618,723			(4,942,273	)
Basic and diluted net loss per share	$	(0.08	)	$	0.03		$	(0.05	)