RELATED PARTY TRANSACTIONS

3 Months Ended

Jul. 31, 2012

Related Party Transactions

RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS

In connection with the acquisition of the Trenton Operations, the Company leased its Trenton, New Jersey location from Voacolo Properties LLC, of which the former shareholders of the Trenton Operations are the members.  For the three months ended July 31, 2012 and 2011, the rent paid for this lease was $12,600 and $17,400, respectively.  This lease was terminated as of June 30, 2012.

In connection with the acquisition of Pride, the Company leases its Woombye, Queensland, Australia location from Pride Property Trust, of which the former shareholders of the Pride Group (QLD) Pty Ltd. are the members. For each of the three month periods ended July 31, 2012 and 2011, the rents paid for this lease were $15,543.

The China Operations revenue earned from TGG and subsidiaries was $0 and $689,235 for the three months ended July 31, 2012 and 2011, respectively. The China Operations accounts receivable due from TGG and subsidiaries was $617,661 and $425,975 as of July 31, 2012 and 2011, respectively.