NOTE 6: MARKETABLE SECURITIES

3 Months Ended

Nov. 30, 2011

Notes to Financial Statements

NOTE 6: MARKETABLE SECURITIES

Marketable securities are shown on the balance sheet. The first-in, first-out (FIFO) method is used to determine the cost of each security at the time of sale. We consider our investment portfolio and marketable equity investments available-for-sale. Accordingly, these investments are recorded at fair market value. As of November 30, 2011, an unrealized loss of $19,613 has been recorded. Cost and market value of equitable securities at May 31, 2011 and November 30, 2011 are as follows:

	Cost		Gross Unrealized Loss			Market Value
Equities/Options, November 30, 2011	$	20,013	$	(19,713	)	$	300
Equities/Options, May 31, 2011	$	20,013	$	(19,113	)	$	900