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Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)
6 Months Ended
Oct. 31, 2014
Policies  
Cash and Cash Equivalents

CASH AND CASH EQUIVALENTS

 

We consider all highly liquid investments with maturities of three months or less at the time of purchase to be cash and equivalents. As of October 31, 2014, we held $875,666 of our cash and cash equivalents with commercial banking institutions in the PRC, and $218 with banks in the United States. As of April 30, 2014, we held $1,194,668 of our cash and cash equivalents with commercial banking institution in PRC, and $895 in the United States. In China, there is no equivalent federal deposit insurance as in the United States, so the amounts held in banks in China are not insured. We have not experienced any losses in such bank accounts through October 31, 2014.