v2.4.0.8

Note 7 - Intangible Assets (Tables)

9 Months Ended

Feb. 28, 2013

Disclosure Text Block [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

		Amortizable life				February 28, 2012				May 31, 2012
Trade name		Indefinite				$	1,720,000			$	1,720,000
Non-competition agreement (years)		5					110,000				110,000
Non-contractual customer relationships (years)		10					620,000				620,000
Goodwill		Indefinite					1,420,678				1,420,678
Total intangible assets							3,870,678				3,870,678
Accumulated amortization							(453,603	)			(402,499	)
						$	3,417,075			$	3,468,179

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- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

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