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10. Parent Company Only Condensed Financial Information: Condensed Income Statement (Tables)
5 Months Ended
May. 31, 2015
Tables/Schedules  
Condensed Income Statement

 

 

 

For three months ended May 31,

 

For six months ended

May 31,

 

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 Share of earnings from

  investment in     subsidiaries and VIE

$

364,380

$

200,874

 

 

$

716,742

 

 

$

320,366

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 General and administrative

 

37,902

 

-

 

39,902

 

-

 

 

 

 

 

 

 

 

 

Net income

$

326,478

$

200,874

$

676,840

$

320,366