RELATED PARTY TRANSACTIONS

6 Months Ended

Oct. 31, 2014

NOTE 9 - RELATED PARTY TRANSACTIONS

The China Operations earned revenue for contracting services provided to TGG (non-controlling interest in China Operations) and subsidiaries of $450,000 and $733,000 for the three and six months ended October 31, 2014. The China Operations accounts receivable due from TGG and subsidiaries was ($65,000) and $0 as of October 31, 2014 and April 30, 2014, respectively. The ($65,000) as of October 31, 2014 was due to a TGG overpayment to TAGS which is being used as a deposit for the next job.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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