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Investments, All Other Investments
3 Months Ended
Oct. 31, 2011
Investments, All Other Investments  
Investments and Other Noncurrent Assets [Text Block]

NOTE 5- LAND USE RIGHTS

 

Intangible assets consisted of the following:

 

 

Estimated Life

 

October 31, 2011

 

 

April 30, 2011

 

 

 

 

(unaudited)

 

 

 

 

Land Use Right

42.5years

 

$

2,513,300

 

 

$

2,448,171

 

Less: Accumulated Amortization

 

 

 

(176,785

)

 

 

(145,059

 )

 

 

 

$

2,336,515

 

 

$

2,303,112

 

 

 For the six month periods ended October 31, 2011 and 2010, amortization expense amounted to $27,493 and $26,040, respectively.