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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Feb. 29, 2012
May 31, 2011
Current assets    
Cash and cash equivalents $ 3,468,796 $ 4,580,189
Inventories 6,736 6,679
Accounts receivable 234,999 644,642
Tax recoverable 46,342 107,308
Other receivables and deposits 424,060 441,351
Total current assets 4,180,933 5,780,169
Property, plant and equipment, net 2,552,654 2,936,979
Intangible assets, net 1,714,035 1,798,397
Available-for-sale investments 317,804 308,734
Amount due from a related company 3,414,561 1,182,200
Goodwill 610,386 610,386
Total assets 12,790,373 12,616,865
Current Liabilities    
Deferred income 1,771,527 1,841,152
Accounts payable 477,561 939,932
Accrued expenses and other payables 473,402 422,837
Amount due to a related company 77,233 101,818
Taxes payable 390,670 120,484
Total current liabilities 3,190,393 3,426,223
Deferred tax liabilities 29,066 47,927
Total liabilities 3,219,459 3,474,150
Stockholders' equity    
Common stock, US$0.0001 par value , 300,000,000 shares authorized; 282,315,325 shares issued and outstanding 28,232 28,232
Additional paid in capital 7,726,893 7,726,893
Retained earnings 1,046,285 787,825
Accumulated other comprehensive income 769,504 599,765
Total stockholders' equity 9,570,914 9,142,715
Total liabilities and stockholders' equity $ 12,790,373 $ 12,616,865