Cash Flow Information

3 Months Ended

Oct. 31, 2011

Cash Flow, Supplemental Disclosures [Text Block]

11.           Cash Flow Information:

For purposes of reporting cash flows, the Company considers cash equivalents to consist of short-term highly liquid investments with maturities of three (3) months or less, which are readily convertible into cash.

Supplemental disclosure:

	Three Months Ended October 31
	2011			2010
Interest paid, net of capitalized interest of $1,269 (2011) and $3,598 (2010)	$	164,218		$	178,403
Income taxes paid (refunded)	$	(185,771	)	$	53