XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Apr. 30, 2016
May 31, 2015
Current assets    
Cash and cash equivalents $ 345,315 $ 800,821
Fixed deposits pledged with bank 3,081,486 3,223,718
Inventories   3,951
Accounts receivable 644,246 825,790
Other receivables and deposits 264,982 361,780
Other investment 941,649 1,038,037
Total current assets 5,277,678 6,254,097
Property, plant and equipment, net 1,014,560 3,803,404
Intangible assets, net 1,609,841 1,777,171
Goodwill 0 377,171
Total assets 7,902,079 12,211,843
Current liabilities    
Deferred income 1,145,770 1,138,911
Accounts payable 776,356 382,094
Accrued expenses and other payables 829,495 883,459
Amount due to related parties 2,000,813 2,088,644
Taxes payable 972,227 656,242
Liabilities related to assets held for sale
Total current liabilities 5,724,661 5,149,350
Total liabilities 5,724,661 5,149,350
Equity    
Common stock, US$0.0001 par value , 300,000,000 shares authorized; 282,315,356 shares issued and outstanding, respectively 28,232 28,232
Additional paid in capital 7,726,893 7,726,893
Less: Amount due from a related company (3,235,344) (3,289,447)
Retained earnings (446,139) 2,141,129
Accumulated other comprehensive income 532,302 836,582
Total stockholders' equity 4,605,944 7,443,389
Non-controlling interests (2,428,526) (380,896)
Total equity 2,177,418 7,062,493
Total liabilities and stockholders' equity $ 7,902,079 $ 12,211,843