Note 5 - Acquisition of A Subsidiary: Operating Results of Xin Chang (Tables)

12 Months Ended

May. 31, 2015

Tables/Schedules

Operating Results of Xin Chang

The results of Xin Chang for the year are analyzed as follows:

	2015	2014 (post acquisition)
Revenue	$1,910,175	$650,217
Other income	5,131	-
Cost of services	(1,663,261)	(599,433)
Personnel cost	(155,784)	(47,230)
Depreciation expense	(44,021)	(893)
Amortization expense	(183,016)	(9,090)
Administrative and other expenses	(183,394)	(55,926)
Net loss for the period	(314,170)	(62,355)