Available For Sale Investments

3 Months Ended

Nov. 30, 2011

Available For Sale Investments

Available For Sale Investments

NOTE 5 – AVAILABLE-FOR-SALE INVESTMENTS

As of the balance sheet dates, available-for-sale investments are summarized as follows:

	November 30, 2011		May 31, 2011
Investment in trust funds	$	1,099,095	$	308,734
Shanghai Hai He Computing Technology Company Limited (“Hai He”)		-		390,603
		1,099,095		699,337
Less: Impairment of investments in Hai He		-		(390,603	)
Total	$	1,099,095	$	308,734

During the six months ended November 30, 2011, the Company fully impaired the investment in Shanghai Hai He.