DISCONTINUED OPERATIONS

9 Months Ended

Jan. 31, 2017

Discontinued Operations

DISCONTINUED OPERATIONS

NOTE 7 – DISCONTINUED OPERATIONS

The Company previously disclosed the details regarding the sales of its China Operations in its Form 10-K filed for the year ended April 30, 2016. The schedule below shows the results of discontinued operations from China for the three and nine months ended January 31, 2016.

	For the three months ended		For the nine months ended
	January 31,		January 31,
	2016		2016
Revenue	$	-	$	839,969
Costs and expenses:
Cost of revenue		-		546,296
Selling, general and administrative expenses		-		111,324
Depreciation and amortization		-		80,971
		-		738,591
Operating income from discontinued operations		-		101,378
Interest expense		-		(49,234)
Income from discontinued operations before income tax provision		-		52,144
Income tax provision		-		(10,883)
Income from discontinued operations, net of tax		-		41,261
Gain from disposal		-		837,720
Total income from discontinued operations	$	-	$	878,981

Due to Related Party

The China Operations earned revenue for contracting services provided to TGG (noncontrolling interest in China Operations) and subsidiaries of $0 for the three and nine months ended January 31, 2017 and $0 and $212,000 for the three and nine months ended January 31, 2016, respectively.