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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Nov. 30, 2012
May 31, 2012
Current assets    
Cash and cash equivalents $ 3,386,374 $ 3,520,248
Inventories 10,462 18,385
Accounts receivable 659,131 633,009
Tax recoverable 22,974 22,755
Other receivables and deposits 1,038,357 383,443
Total current assets 5,117,298 4,577,840
Property, plant and equipment, net 2,059,780 2,367,320
Intangible assets, net 1,622,677 1,680,972
Available-for-sale investment 318,733 315,689
Amount due from a related company 3,356,476 3,261,155
Goodwill 610,386 610,386
Total assets 13,085,350 12,813,362
Current Liabilities    
Deferred income 1,144,514 1,423,566
Accounts payable 1,188,073 715,078
Accrued expenses and other payables 546,404 576,331
Amount due to a related company 92,326 77,128
Taxes payable 567,958 450,700
Total current liabilities 3,539,275 3,242,803
Deferred tax liabilities 26,686 33,604
Total liabilities 3,565,961 3,276,407
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 968,600 1,045,811
Accumulated other comprehensive income 795,664 736,019
Total stockholders' equity 9,519,389 9,536,955
Total liabilities and stockholders' equity $ 13,085,350 $ 12,813,362