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Note 2 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)

6 Months Ended

Oct. 31, 2016

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, 2016, we held $347,831 of our cash and cash equivalents with commercial banking institutions in the PRC, and $73,970 with banks in the United States. As of April 30, 2016, we held $900,071 of our cash and cash equivalents with commercial banking institution in PRC, and $0 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, 2016. As of October 31, 2016 and April 30, 2016, bank deposits by geographic area were as follows:

	October 31, 2016 (Unaudited)	April 30, 2016
China	$ 347,831	$ 900,071
United States	73,970	0
Total	$ 421,801	$ 900,071

Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.

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