|
Note 5 - Prepaid Expenses
|
9 Months Ended |
|---|---|
|
Feb. 29, 2012
|
|
| Notes To Financial Statements | |
| Other Assets Disclosure [Text Block] |
5.
PREPAID
EXPENSES
As
of February 29, 2012, the Company had prepaid expenses of
$36,305, which consisted primarily of prepaid real estate taxes
of $4,621, other operating expense of $5,289 and prepaid
insurance of $26,395. As of May 31, 2011, the Company had prepaid
expenses of $28,844, which consisted primarily of prepaid
insurance.
|