Segment Information

9 Months Ended

Nov. 30, 2012

Notes to Financial Statements

Segment Information

NOTE 8: SEGMENT INFORMATION

The company operates in two segments: ultrasonic spraying systems and rental real estate operations.

All inter-company transactions are eliminated in consolidation. For the nine and three months ended November 30, 2012, segment information is as follows:

	Nine Months Ended November 30, 2012										Three Months Ended November 30, 2012
	Ultrasonic Spraying		Rental Real Estate  Operations			Eliminations			Consolidated		Ultrasonic Spraying		Rental Real Estate Operations			Eliminations			Consolidated
Net Sales	$	7,393,470	$	141,550		$	101,805		$	7,433,215	$	2,191,956	$	44,385		$	33,935		$	2,202,406
Rental Expense	$	101,805	$	86,437		$	(101,805	)	$	86,437	$	33,935	$	28,807		$	(33,935	)	$	28,807
Interest Expense	$	2,897	$	83,115					$	86,012	$	874	$	27,490					$	28,364
Net Income (Loss)	$	124,103	$	(28,002	)				$	96,101	$	37,177	$	(11,912	)				$	25,265
Assets	$	6,839,711	$	2,482,727					$	9,322,438	$	6,839,711	$	2,482,727					$	9,322,438
Debt	$	155,400	$	1,988,683					$	2,144,083	$	155,400	$	1,988,683					$	2,144,083

	Nine Months Ended November 30, 2011										Three Months Ended November 30, 2011
		Ultrasonic  Spraying		Rental Real Estate  Operations			Eliminations			Consolidated		Ultrasonic Spraying		Rental Real Estate Operations			Eliminations			Consolidated
Net Sales	$	9,018,270	$	167,336		$	101,805		$	9,083,801	$	2,923,928	$	54,779		$	33,935		$	2,944,772
Rental Expense	$	101,805	$	100,328		$	(101,805	)	$	100,328	$	33,935	$	36,535		$	(33,935	)	$	36,535
Interest Expense	$	3,277	$	85,618					$	88,895	$	1,192	$	28,336					$	29,528
Net Income (Loss)	$	890,533	$	(18,610	)				$	871,923	$	205,896	$	(10,093	)				$	195,803
Assets	$	6,428,172	$	2,545,701					$	8,973,873	$	6,428,172	$	2,545,701					$	8,973,873
Debt	$	213,313	$	2,050,787					$	2,264,100	$	213,313	$	2,050,787					$	2,264,100