XML 69 R41.htm IDEA: XBRL DOCUMENT v3.2.0.727
10. Parent Company Only Condensed Financial Information: Condensed Cash Flow Statement (Tables)
5 Months Ended
May. 31, 2015
Tables/Schedules  
Condensed Cash Flow Statement

 

 

For the six months ended

May 31

 

 

2015

 

2014

Cash flows from operating activities:

 

 

 

 

 Net income

$

676,840

$

320,366

Adjustments to reconcile net income to net cash

  provided by (used in) operating activities:

 

 

 

 

Share of earnings from investment in

  subsidiaries and VIE

 

(716,742)

 

(320,366)

Increase in accrued expenses and other payables

 

39,902

 

 

 

 

 

 

 

Net cash provided by (used in) operating

   activities

 

-

 

-

 

 

 

 

 

Net change in cash

 

-

 

-

Cash, beginning of period

 

-

 

-

 

 

 

 

 

Cash, end of period

$

-

$

-

 

 

 

 

 

Noncash financing activities:

 

 

 

 

Payment of accrued expenses and other payables

    by shareholder

$

28,797

$

-