Other Income	9 Months Ended
Feb. 29, 2012
Other Income
Other Income [Text Block]	Note 6: Other Income During the quarter ended February 29, 2012, the Company experienced water damage from a burst pipe. Expenses of $33,522 were incurred as a result of this. Property and equipment amounting to $68,106 were purchased to replace damaged, fully depreciated equipment and fixtures. The Company’s insurance company reimbursed the Company $101,628, which covered approximately all its expenses plus cost of replacement. The net gain of $68,106 is reflected under other income and expense as gain from insurance proceeds. On October 29, 2010, the Company was notified that it was awarded a total cash grant of approximately $357,000 under the Qualifying Therapeutic Discover Project program administered under section 48D of the Internal Revenue Code. The Company has recognized the portion of the grant related to qualifying expenses that have previously been incurred and approved by the U.S. government, totaling $173,648 during the nine months ended February 28, 2011 as a component of other income and expenses.

The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 5

-Section 03

-Paragraph 3, 6, 7, 9

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.3,6,7,9)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

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