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OTHER ASSETS
 12 Months Ended
May 31, 2013
OTHER ASSETS [Abstract]  
OTHER ASSETS

Note 4.    OTHER ASSETS

 

Other assets consist of the following as of May 31:

 

 

 

2013

 

 

2012

 

Patents

 

$

190,739

 

 

$

190,739

 

Debt issue costs

 

 

18,726

 

 

 

18,726

 

Accumulated amortization

 

 

(140,879

)

 

 

(127,829

)

Customer deposits

 

 

2,785

 

 

 

4,818

 

 

 

 

 

 

 

 

 

 

Total Other Assets

 

$

71,371

 

 

$

86,454

 

 

Amortization of intangibles was $13,050 and $16,879 for 2013 and 2012, respectively.   Future amortization will be $14,465 per year for the next five fiscal years.