Note 6- Land Use Right

12 Months Ended

Apr. 30, 2017

Notes

Note 6- Land Use Right

NOTE 6- LAND USE RIGHT

On April 30, 2017 and 2016, land use right consisted of the following:

	April 30, 2017	April 30, 2016
(Estimated Life)
Land use right (45 Years)	$  2,303,168	$  2,455,519
Less: accumulated amortization	(448,113)	(422,826)
Land use right, net	$  1,855,055	$  2,032,693

In conjunction with our acquisition of Qufu Shengwang, we acquired land use rights for properties located in the PRC until March 14, 2054. For fiscal years 2017 and 2016, amortization expense related to land use rights amounted to $52,227 and $55,619, respectively.