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Note 4 - Prepaid Account
3 Months Ended
Nov. 30, 2012
Notes  
Note 4 - Prepaid Account

NOTE 4 – PREPAID ACCOUNT

 

The prepaid account consisted of the follows:  

 

 

 

 

November 30, 2012

 

 

May 31, 2012

 

Prepayment for purchase of raw materials

 

$

3,117,454

 

 

$

2,319,805

 

Prepayment for advertisement, exhibitions, utilities, consulting fees, etc.

 

 

63,838

 

 

 

69,742

 

Total prepaid account

 

$

3,181,292

 

 

$

2,389,547