Income Taxes

12 Months Ended

Nov. 30, 2011

Income Taxes

Income Tax Disclosure [Text Block]

NOTE 7 - INCOME TAXES

The Company had deferred income tax assets as of November 30, 2011 and 2010 as follows:

	2011		2010
Deferred Tax Assets		$336,235		$26,055
Less - Valuation Allowance		(336,235)		(26,055)
Total Net Deferred Tax Assets	$	-	$	-

The Company has approximately $1,719,017 in Net Operating Losses carried forward for income tax purposes in various jurisdictions which will expire, if not utilized, as follows:

	United States		Hong Kong		China		Total
Indefinite	$	-	$	1,253,716	$	-	$	1,253,716
2031		90,740		-		-		90,740
2030		24,726		-		-		24,726
2029		15,000		-		-		15,000
2016		-		-		334,835		334,835
	$	130,466	$	1,253,716	$	334,835	$	1,719,017