Note 3 - Accounts Receivable, Net

3 Months Ended

Nov. 30, 2012

Notes

Note 3 - Accounts Receivable, Net

NOTE 3 – ACCOUNTS RECEIVABLE, NET

The Company provides an allowance for doubtful accounts related to its receivables. The receivables and allowance balances at November 30, 2012 and May 31, 2012 are as follows:

	November 30, 2012		May 31, 2012
Accounts Receivable	$	9,158,705	$	3,951,883
Less: Allowance for Doubtful Accounts		(263,821)		(261,893)
Accounts Receivable, Net	$	8,894,884	$	3,689,990