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OTHER ASSETS
12 Months Ended
May 31, 2012
OTHER ASSETS

Note 4.                        OTHER ASSETS

 

Other assets consist of the following as of May 31:

 

 

2012

2011

Patents

 $      190,739

 $    190,739

Debt issue costs

           18,726

         18,726

Accumulated amortization

       (127,829)

     (110,950)

Customer deposits

             4,818

           2,178

Total Other Assets

 $        86,454

 $    100,693

 

 

 

 

 

 

 

 

 

 

Amortization of intangibles was $16,879 and $12,115 for 2012 and 2011, respectively.   Future amortization will be $16,327 per year for the next five fiscal years.