Report Preview Details

0001072588-12-000135.txt : 20120918 0001072588-12-000135.hdr.sgml : 20120918 20120918123441 ACCESSION NUMBER: 0001072588-12-000135 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20120731 FILED AS OF DATE: 20120918 DATE AS OF CHANGE: 20120918 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MEDINA INTERNATIONAL HOLDINGS, INC. CENTRAL INDEX KEY: 0001093248 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] IRS NUMBER: 841469319 STATE OF INCORPORATION: CO FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-27211 FILM NUMBER: 121096606 BUSINESS ADDRESS: STREET 1: 1802 POMONA ROAD CITY: CORONA STATE: CA ZIP: 92880 BUSINESS PHONE: 909 522 4414 MAIL ADDRESS: STREET 1: 1802 POMONA ROAD CITY: CORONA STATE: CA ZIP: 92880 FORMER COMPANY: FORMER CONFORMED NAME: COLORADO COMMUNITY BRAODCASTING INC DATE OF NAME CHANGE: 19990813 10-Q/A 1 mihi10qa.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ----------------- FORM 10Q/A Amendment No. 1 ----------------- (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2012 [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT For the transition period from __________ to ___________ Commission file number : 000-27211 MEDINA INTERNATIONAL HOLDINGS, INC. ------------------------------------------------------- (Exact name of registrant as specified in its charter) COLORADO 84-1469319 ---------------------------------- -------------------- (State of Incorporation) (IRS Employer ID Number) 1802 Pomona Rd., Corona, CA 92880 ----------------------------------------------- (Address of principal executive offices) 909-522-4414 -------------------------- (Registrant's Telephone number) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to the filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X ] No [] Indicate by check mark whether the registrant is a large accelerated file, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [ ] (Do not check if a smaller reporting company) Smaller reporting company [X] Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [ X] Indicate the number of share outstanding of each of the issuer's classes of common stock, as of the latest practicable date. As of August 25, 2012, there were 55,890,117 shares of the registrant's common stock issued and outstanding.

PART I. - FINANCIAL INFORMATION EXPLANATORY NOTE Medina International Holdings, Inc., (the "Company"), is filing this amendment to its quarterly report on Form 10-Q/A for the period ended July 31, 2012 filed with the Securities and Exchange Commission on September 11, 2012, for the purpose of furnishing XBRL Interactive Data Files as Exhibit 101 in accordance with Rule 405 of Regulation S-T. This amendment does not reflect events occurring after the original filing. Except for the foregoing amended information, this Form 10-Q/A continues to speak as of the date of the original filing and the Company has not otherwise updated disclosures contained therein or herein to reflect events that occurred at a later date.

MEDINA INTERNATIONAL HOLDINGS, INC. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED JULY 31, 2012 (Unaudited) NOTE 1 - BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Medina International Holdings, Inc. ("Company," "Medina," "we," "us," "our") was incorporated in 1998 as Colorado Community Broadcasting, Inc. The Company intended to purchase low power television licenses or stations and planned to broadcast local programming mixed with appropriate national programming. The Company changed the name of the business in 2005 to Medina International Holdings, Inc. The Company, under its two wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc., plans to manufacture and sell recreational and commercial boats. The Company formed Medina Marine, Inc., as a wholly owned subsidiary of the Company, on May 22, 2006 to manufacture and sell fire rescue, rescue and recreational boats. The Company signed an agreement to acquire Modena Sports Design, LLC, as a wholly owned subsidiary of the Company on June 18, 2008. Modena Sports Design, LLC was formed in the State of California in 2003 to produce fire rescue, rescue and recreational boats. Modena Sports Design, LLC reorganized as a California corporation on January 7, 2010 changed its name to Harbor Guard Boats, Inc. Presentation of Interim Information ----------------------------------- In the opinion of the management of the Company, the accompanying unaudited financial statements include all normal adjustments considered necessary to present fairly the financial position and operating results of the Company for the periods presented. The financial statements and notes are presented as permitted by Form 10-Q, and do not contain certain information included in the Company's Annual Report on Form 10-K for the fiscal year ended April 30, 2012. It is management's opinion that when the interim financial statements are read in conjunction with the April 30, 2012 Annual Report on Form 10-K, the disclosures are adequate to make the information presented not misleading. Interim results are not necessarily indicative of results for a full year or any future period. The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") and include the assets, liabilities, revenues, and expenses of subsidiaries, Medina Marine, Inc., Harbor Guard Boats, Inc. All intercompany balances and transactions have been eliminated in consolidation. F-5 Going Concern ------------- Recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheet is dependent upon continued operations of the Company, which in turn is dependent upon the Company's ability to raise additional capital, obtain financing and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States, which contemplates continuation of the Company as a going concern. On July 31, 2012, the Company's current liabilities exceeded its current assets by $2,282,159. Also, the Company's operations generated $642,755 revenue during the current period ended and the Company's accumulated deficit is $7,239,085. Management has taken various steps to revise its operating and financial requirements, which we believe are sufficient to provide the Company with the ability to continue on in the subsequent year. Management devoted considerable effort during the period ended July 31, 2012 towards management of liabilities and improving our operations. Management believes that the above actions will allow the Company to continue its operations through the next fiscal year. The future success of the Company is likely dependent on its ability to attain additional capital to develop its proposed products and ultimately, upon its ability to attain future profitable operations. There can be no assurance that the Company will be successful in obtaining such financing, or that it will obtain positive cash flow. NOTE 2 - SUMMARY OF ACCOUNTING POLICIES Basis of Presentation and Consolidation The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") and include the assets, liabilities, revenues, and expenses of our three wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc. All intercompany balances and transactions have been eliminated in consolidation. Use of Estimates The preparation of our consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions are used for, but are not limited to; 1) Revenue recognition; 2) Allowance for doubtful accounts; 3) Inventory costs; 4) Asset impairments; 5) Depreciable lives of assets; 6) Income tax reserves and valuation allowances; 7) Fair value of stock options; 8) Allocation of direct and indirect cost of sales; 9) Contingent liabilities; and 10) Warranty liabilities. F-6 Future events and their effects cannot be predicted with certainty; accordingly, our accounting estimates require exercise of judgment. We base our estimates on historical experience, available market information, appropriate valuation methodologies, and on various other assumptions that we believe to be reasonable. We evaluate and update our assumptions and estimates on an ongoing basis and may employ outside experts to assist in our evaluation, when necessary. Actual results could differ materially from these estimates. Revenue Recognition Revenue Recognition is recognized when earned. The Company's revenue recognition policies are in compliance with ASC 650 "Revenue Recognition." Sales revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are satisfied, are recorded as unearned revenue. Cash and Cash Equivalents The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. The Company maintains its cash in bank deposit accounts that may exceed federally insured limits. The Company has not experienced any losses in such accounts. Accounts receivable The Company reviews accounts receivable periodically for collectability and establishes an allowance for doubtful accounts and records bad debt expense when deemed necessary. At July 31, 2012 and April 30, 2012, the Company had $237,718 in its allowance for doubtful accounts. Inventory We carry our inventories at the lower of their cost or market value. Cost is determined using first-in, first-out ("FIFO") method. Market is determined based on net realizable value. We also provide due consideration to obsolescence, excess quantities, and other factors in evaluating net realizable value. Fixed Assets Capital assets are stated at cost. Equipment consisting of molds is stated at cost. Depreciation of fixed assets is provided using the straight-line method over the estimated useful lives (3-7 years) of the assets. Expenditures for maintenance and repairs are charged to expense as incurred. Long Lived Assets The Company adopted codification ASC 350 "Accounting for the Impairment or Disposal of Long-Lived Assets", The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced. F-7 Comprehensive Loss Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain statements, however, require entities to report specific changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of comprehensive income. Issuance of Shares for Service The Company accounts for employee and non-employee stock awards, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable. Fair Value Of Financial Instruments Disclosures about fair value of financial instruments, requires that the Company disclose estimated fair values of financial instruments. The carrying amounts reported in the statements of financial position for current assets and current liabilities qualifying, as financial instruments are a reasonable estimate of fair value. Foreign Currency Translation And Hedging The Company is exposed to foreign currency fluctuations due to international trade. The management does not intend to enter into forward exchange contracts or any derivative financial investments for trading purposes. The management does not currently hedge foreign currency exposure. Basic And Diluted Net Loss Per Share Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Products and services, geographic areas and major customers The Company earns revenue from the sale of recreational and commercial boats. The Company's products were sold domestically and internationally. The Company does not separate sales activities into different operating segments. Recently issued accounting pronouncements There were accounting standards and interpretations issued during the three months ended July 31, 2012, none of which are expected to have a material impact on the Company's financial position, operations or cash flows. F-8 NOTE 3. INVENTORY As of July 31, 2012, inventory consisted of the following: Inventory Cost --------- ---- Parts $ 0 Work-in-Progress 99,640 Finished Goods 0 ---------------- Total Inventory $ 99,640 ================ NOTE 4. FIXED ASSETS As of July 31, 2012, fixed assets consisted of the following: Property and Equipment Cost ---------------------- ---- Machinery and equipment; including molds & tools $672,502 Computers 13,535 Furniture & fixture 2,537 Office equipments 4,540 Fire Extinguisher 500 Intangible Assets 71,575 ------------------ Total Property and Equipment 765,189 Less accumulated depreciation (465,742) ------------------ Fixed Assets, Net $299,447 ================== NOTE 5. SHORT-TERM DEBT As of July 31, 2012, Short term debts consisted of the following: Financial Institutions ---------------------- Citi bank $ 94,866 Wells Fargo bank 8,000 Credit Cards 22,379 ------------------- Total Short Term debt $ 125,265 =================== F-9 At July 31, 2012, the Company has a line of credit totaling $100,000, under which the Company may borrow on an unsecured basis since the year 2008 at an interest rate of 8.75.% with monthly payments due. The outstanding balance for this loan was $94,886. At July 31, 2012, the Company originally borrowed $11,024.92 from Wells Fargo bank as equipment loan repayable in monthly installments over a period of 60 monthly installments of $212. The Company's remaining credit cards carry various interest rates and require monthly payments, and are substantially held in the name of or guaranteed by related parties. NOTE 6. RELATED PARTY TRANSACTION The Company has various license agreements with a related party allowing its technology to be utilized in the manufacture of its boats. The license agreements typical provide for $1,500 royalty payment on every boat manufactured by the company except on boats manufactured where Mr. Albert Mardikian's patents are not used. NOTE 7. CUSTOMER DEPOSIT Deposit from customers at the end of quarter ended July 31, 2012 consists of the following: Deposit for commercial boats $ 339,970 Deposit for recreational boats 20,500 ----------- Total $ 360,470 =========== NOTE 8. NOTE PAYABLE Deposit from customers at the end of quarter ended July 31, 2012 consists of the following: Notes payable - related party $ 50,000 Notes payable - others 110,500 ----------- Total $160,500 =========== At July 31, 2012, the Company had an unsecured note payable to Mr. Srikrishna Mankal, son of Madhava Rao Mankal, CFO of the Company, in the amount of $50,000, which bears an 8% interest repayable. Interest accrued to date $14,000. At July 31, 2012, the Company had an unsecured convertible note payable with an unrelated party in the amount of $90,500, which bears at 8-22% interest and is currently due. The note is convertible at the holders' option (principal & interest) in full or part into common stock at 60% of the average of the three lowest market bid prices on the Company's common stock from the previous 10 days' quotes. The Company recognized a $95,000 beneficial conversion expense during the year ended April 30, 2012 with an offset to additional paid in capital. NOTE 9. SHAREHOLDERS' LOANS At July 31, 2012, Shareholders' loans consisted of the following: Daniel Medina, President & Director $256,444 Madhava Rao Mankal, Chief Financial Officer & Director 241,330 ------- Total $497,774 ======== F-10 Shareholder's loan from shareholder of the Company, unsecured, 10% interest per annum, due on demand. NOTE 9. STOCKHOLDERS' EQUITY During the quarter ended July 31, 2012, the Company did not issue any shares of its common stock. NOTE 10. COMMITMENTS AND CONTINGENCIES Rental Leases The Company signed a 3 year lease for 11,900 square feet building in the city of Corona, in the state of California, effective April, 2010. The address for this location is 1802 Pomona Rd, Corona, CA 92880. This building is owned by unrelated parties. The lease expires on March 31, 2013, and calls for monthly payments initially of $2,600 per month plus costs, escalating over the term of the lease to $6,000 per month plus costs. The Company has various license agreements with a related party allowing its technology to be utilized in the manufacture of its boats. The license agreements typical provide for $1,500 royalty payment on every boat manufactured by the company except on boats manufactured where Mr. Albert Mardikian's patents are not used. NOTE 11 - SUBSEQUENT EVENTS On August 31, 2012, the Board of Directors of the Company authorized the creation of a new series of its Preferred Stock. On August 28, 2012, the Company amended its Articles of Incorporation to designate the Series C Convertible Preferred Stock. The Series C Convertible Preferred Stock ("Series C Preferred Stock") has 500 authorized shares. At the time of this filing no shares of the Series C Preferred Stock have been issued. The holders of the Series C Preferred Stock have a voting right equal to that of the common stock holders in any matter that the common stock holders of the Company are able to vote upon. The Series C Preferred Stock is equal to such number of votes as shall be equal to the aggregate number of shares of common stock into which such holder's shares of Series C Stock are convertible immediately after the close of business on the record date determined for any vote. The Series C Preferred Stock is convertible into shares of the Company's restricted common stock. The Series C Preferred Stock will convert at a rate of 1 share of Series C Preferred Stock for 62,500 shares of the Company's common stock. The Company has evaluated it activities subsequent to the period ended July 31, 2012, through September 05, 2012 and found no reportable subsequent events. F-11 ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion should be read in conjunction with our unaudited financial statements and notes thereto included herein. In connection with, and because we desire to take advantage of, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we caution readers regarding certain forward looking statements in the following discussion and elsewhere in this report and in any other statement made by, or on our behalf, whether or not in future filings with the Securities and Exchange Commission. Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward looking statements made by, or on our behalf. We disclaim any obligation to update forward-looking statements. The independent registered public accounting firm's report on the Company's financial statements as of April 30, 2012, and for each of the years in the two-year period then ended, includes a "going concern" explanatory paragraph, that describes substantial doubt about the Company's ability to continue as a going concern. The Company, under its two wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc., plans to manufacture and sell recreational and commercial boats. The Company engages approximately six full time employees. Our President and Chief Financial Officer have been engaged on full time to work with Harbor Guard Boats, Inc. On August 31, 2012, the Board of Directors of the Company authorized the creation of a new series of its Preferred Stock. On August 28, 2012, the Company amended its Articles of Incorporation to designate the Series C Convertible Preferred Stock. The Series C Convertible Preferred Stock ("Series C Preferred Stock") has 500 authorized shares. At the time of this filing no shares of the Series C Preferred Stock have been issued. The holders of the Series C Preferred Stock have a voting right equal to that of the common stock holders in any matter that the common stock holders of the Company are able to vote upon. The Series C Preferred Stock is equal to such number of votes as shall be equal to the aggregate number of shares of common stock into which such holder's shares of Series C Stock are convertible immediately after the close of business on the record date determined for any vote. The Series C Preferred Stock is convertible into shares of the Company's restricted common stock. The Series C Preferred Stock will convert at a rate of 1 share of Series C Preferred Stock for 62,500 shares of the Company's common stock. 1 Our securities are currently not liquid. There are limited market makers in our securities and it is not anticipated that any market will develop for our securities until such time as we successfully implement our business plan of producing and marketing our Fire and Rescue boats. We presently have no liquid financial resources to offer such a candidate and must rely upon an exchange of our stock to complete such a merger or acquisition. RESULTS OF OPERATION Results Of Operations For The Three-Month Period Ended July 31, 2012 Compared To The Same Period Ended July 31, 2011 The Company recognized $642,755 in revenues during the three months ended July 31, 2012 compared to $300,662 during the three months ended July 31, 2011. This resulted in an increase of sales over the prior period of $342,092. We sold two boats during the quarter ended July 31, 2012, one of which was aluminum, with a higher sale price compared to two during the quarter ended July 31, 2011. During the three months ended July 31, 2012 general and administrative expenses decreased by $371,790 or 77.89% to $105,500 compared to $477,290 for the quarter ended July 31, 2011. Selling and marketing expenses increased by $15,039 to $41,237 for the quarter ended July 31, 2012 compared to $26,198 for the quarter ended July 31, 2011. The increase is mainly due to increase in sales commission for the quarter ended July 31, 2012 caused by the increase in sales. During the three months ended July 31, 2012 interest expense decreased by $36,442 or 70.06% to $15,570 compared to $52,012 for the period ended July 31, 2011. This decrease is due to interest expense amount of $35,000 on account of the loss on the conversion feature of the loan agreement for the quarter ended July 31, 2011. During the three months ended July 31, 2012, the Company recognized a net income of $17,022 compared to a net loss of $432,130 for the quarter ended July 31, 2011. The increase of $449,152 was due to the write off of the cost of the 3,000,000 shares valued at $219,600 originally issued towards the acquisition of 51% of Wintec Protective Systems, Inc., cost of administration expenses of Wintec Protective Systems, Inc., and legal expenses. In March 2012, the Company entered into a Settlement Agreement and Mutual Release, which terminated the original purchase agreements and as a result Wintec Protective Systems, Inc. is no longer a subsidiary of the Company. LIQUIDITY AND CAPITAL RESOURCES At July 31, 2011, we had total current assets of $131,209, consisting of cash of $31,569 and $99,640 in inventory. At July 31, 2012, the Company had current liabilities of $2,413,305. At July 31, 2012, the Company has a working capital deficit of $2,282,096. The Company will need to raise capital through loans or private placements in order to carry out any operational plans. During the three months ended July 31, 2012, the Company provided $39,016 from its operating activities. The Company used $11,857 for purchase of equipment. The Company used $4,410 through financing activities during the three months ended July 31, 2011. During the three months ended July 31, 2011, the Company used $88,528 from its operating activities. The Company had $4,716 in cash at July 31, 2011. The Company used $75,891 through financing activities during the three months ended July 31, 2011. 2 At July 31, 2011, the Company had an unsecured note payable to Mr. Srikrishna Mankal, son of Madhava Rao Mankal, CFO of the Company, in the amount of $50,000, which bears an 8% interest repayable. Interest accrued to date $14,000. At July 31, 2012, the Company had an unsecured convertible note payable with an unrelated party in the amount of $90,500, which bears at 8-22% interest and is currently due. The note is convertible at the holders' option (principal & interest) in full or part into common stock at 60% of the average of the three lowest market bid prices on the Company's common stock from the previous 10 days' quotes. Going Concern The independent registered public accounting firm's report on the Company's financial statements as of April 30, 2012, and for each of the years in the two-year period then ended, includes a "going concern" explanatory paragraph, that describes substantial doubt about the Company's ability to continue as a going concern. Short Term. On a short-term basis, we do not generate any revenue or revenues sufficient to cover operations. Based on prior history, we will continue to have insufficient revenue to satisfy current and recurring liabilities as we continue to develop our operations. For short term needs we will be dependent on receipt, if any, of offering proceeds. Need for Additional Financing We do not have capital sufficient to meet our cash needs. We will have to seek loans or equity placements to cover such cash needs. No commitments to provide additional funds have been made by our management or other stockholders. Accordingly, there can be no assurance that any additional funds will be available to us to allow it to cover our expenses as they may be incurred. ITEM 3. QUANTATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. Not Applicable ITEM 4. CONTROLS AND PROCEDURES Disclosures Controls and Procedures We have adopted and maintain disclosure controls and procedures (as such term is defined in Rules 13a 15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) that are designed to ensure that information required to be disclosed in our reports under the Exchange Act, is recorded, processed, summarized and reported within the time periods required under the SEC's rules and forms and that the information is gathered and communicated to our management, including our Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial Officer), as appropriate, to allow for timely decisions regarding required disclosure. 3 As required by SEC Rule 15d-15(b), our Chief Executive Officer carried out an evaluation under the supervision and with the participation of our management, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rule 15d-14 as of the end of the period covered by this report. Based on the foregoing evaluation, our Chief Executive Officer has concluded that our disclosure controls and procedures are not effective in timely alerting them to material information required to be included in our periodic SEC filings and to ensure that information required to be disclosed in our periodic SEC filings is accumulated and communicated to our management, including our Chief Executive Officer, to allow timely decisions regarding required disclosure as a result of the deficiency in our internal control over financial reporting discussed below. Management's assessment of the effectiveness of the small business issuer's internal control over financial reporting is as of the quarter ended July 31, 2012. We believe that internal control over financial reporting is not effective because of the small size of the business. We have not identified any, current material weaknesses considering the nature and extent of our current operations and any risks or errors in financial reporting under current operations. There was no change in our internal control over financial reporting that occurred during the fiscal quarter ended July 31, 2012, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting. PART II. OTHER INFORMATION ITEM 1. LEGAL PROCEEDINGS - NONE ITEM 2. CHANGES IN SECURITIES NONE ITEM 3. DEFAULTS UPON SENIOR SECURITIES - NONE ITEM 4. MINE SAFETY DISCLOSURES. . NOT APPLICABLE. ITEM 5. OTHER INFORMATION NONE. 4 ITEM 6. EXHIBITS Exhibits. The following is a complete list of exhibits filed as part of this Form 10-Q. Exhibit numbers correspond to the numbers in the Exhibit Table of Item 601 of Regulation S-K. Exhibit 31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act Exhibit 31.2 Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act Exhibit 32.1 Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act Exhibit 32.2 Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act Exhibit 101.INS XBRL Instance Document (1) Exhibit 101.SCH XBRL Taxonomy Extension Schema Document (1) Exhibit 101.CAL XBRL Taxonomy Extension Calculation Linkbase Document (1) Exhibit 101.LAB XBRL Taxonomy Extension Label Linkbase Document (1) Exhibit 101.PRE XBRL Taxonomy Extension Presentation Linkbase Document (1) (1) Pursuant to Rule 406T of Regulation S-T, this interactive data file is deemed not filed or part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933, is deemed not filed for purposes of section 18 of the Securities Exchange Act of 1934, and otherwise is not subject to liability under these sections. 5 SIGNATURES Pursuant to the requirements of Section 12 of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MEDINA INTERNATIONAL HOLDINGS, INC. (Registrant) Dated: September 17, 2012 By: /s/ Daniel Medina -------------- Daniel Medina, President Dated: September 17, 2012 By: /s/ Madhava Rao Mankal ------------------ Madhava Rao Mankal, Chief Financial Officer (Principal Accounting Officer) 6 EX-31 2 ex31dm.txt CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO EXCHANGE ACT RULES 13a-14(a) AND 15d-14(a) (Section 302 of the Sarbanes Oxley Act of 2002) I, Daniel Medina, certify that: 1. I have reviewed this quarterly report on Form 10-Q/A of Medina International Holdings, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant issuer as of, and for, the periods presented in this report; 4. As registrant's certifying officer I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)) for the registrant and have: a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision to ensure that material information relating to the registrant issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c. Evaluated the effectiveness of the registrant issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and d. Disclosed in this report any change in the registrant issuer's internal control over financial reporting that occurred during the registrant issuer's most recent fiscal quarter (the registrant issuer's 4th quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant issuer's internal control over financial reporting; and 5. As the registrant issuer's certifying officer, I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant issuer's auditors and the audit committee of the registrant issuer's board of directors (or persons performing the equivalent functions): a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant issuer's ability to record, process, summarize and report financial information; and b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant issuer's internal control over financial reporting. Date: September 17, 2012 By:/s/ Daniel Medina --------------------------- Daniel Medina President and Chief Executive Officer EX-31 3 ex31rm.txt CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO EXCHANGE ACT RULES 13a-14(a) AND 15d-14(a) (Section 302 of the Sarbanes Oxley Act of 2002) I, Madhava Rao Mankal, certify that: 1. I have reviewed this quarterly report on Form 10-Q/A of Medina International Holdings, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant issuer as of, and for, the periods presented in this report; 4. As registrant's certifying officer I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)) for the registrant and have: a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision to ensure that material information relating to the registrant issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c. Evaluated the effectiveness of the registrant issuer's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and d. Disclosed in this report any change in the registrant issuer's internal control over financial reporting that occurred during the registrant issuer's most recent fiscal quarter (the registrant issuer's 4th quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant issuer's internal control over financial reporting; and 5. As the registrant issuer's certifying officer, I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant issuer's auditors and the audit committee of the registrant issuer's board of directors (or persons performing the equivalent functions): a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant issuer's ability to record, process, summarize and report financial information; and b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant issuer's internal control over financial reporting. Date: September 17, 2012 By: /s/ Madhava Rao Mankal --------------------------- Madhava Rao Mankal Chief Financial Officer EX-32 4 ex32dm.txt EXHIBIT 32 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Quarterly Report of Medina International Holdings, Inc. (the "Company") on Form 10-Q/A for the period ending July 31, 2012 as filed with the Securities and Exchange Commission on the date hereof (the "Report"). I, Daniel Medina, President of the company, certify, pursuant to 18 USC Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge and belief. (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. /s/ Daniel Medina -------------------------------- Daniel Medina, President Date: September 17, 2012 EX-32 5 ex32rm.txt EXHIBIT 32 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Quarterly Report of Medina International Holdings, Inc. (the "Company") on Form 10-Q/A for the period ending July 31, 2012 as filed with the Securities and Exchange Commission on the date hereof (the "Report"). I, Rao Mankal, Chief Financial Officer of the company, certify, pursuant to 18 USC Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge and belief. (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. /s/ Rao Mankal -------------------------------- Rao Mankal, Chief Financial Officer Date: September 17, 2012 EX-101.INS 6 mihi-20120731.xml 0001093248 2012-05-01 2012-07-31 0001093248 2012-08-25 0001093248 2012-07-31 0001093248 2011-04-30 0001093248 2011-05-01 2011-07-31 0001093248 2012-04-30 0001093248 2011-07-31 0001093248 us-gaap:CommonStockMember 2012-05-01 2012-07-31 0001093248 us-gaap:CommonStockMember 2012-04-30 0001093248 us-gaap:CommonStockMember 2012-07-31 0001093248 MIHI:PreferredStockSeriesAMember 2012-05-01 2012-07-31 0001093248 MIHI:PreferredStockSeriesAMember 2012-04-30 0001093248 MIHI:PreferredStockSeriesAMember 2012-07-31 0001093248 MIHI:PreferredStockSeriesBMember 2012-05-01 2012-07-31 0001093248 MIHI:PreferredStockSeriesBMember 2012-04-30 0001093248 MIHI:PreferredStockSeriesBMember 2012-07-31 0001093248 us-gaap:AdditionalPaidInCapitalMember 2012-05-01 2012-07-31 0001093248 us-gaap:AdditionalPaidInCapitalMember 2012-04-30 0001093248 us-gaap:AdditionalPaidInCapitalMember 2012-07-31 0001093248 us-gaap:RetainedEarningsMember 2012-05-01 2012-07-31 0001093248 us-gaap:RetainedEarningsMember 2012-04-30 0001093248 us-gaap:RetainedEarningsMember 2012-07-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure MEDINA INTERNATIONAL HOLDINGS, INC. 0001093248 10-Q 2012-07-31 false --04-30 No No Yes Smaller Reporting Company Q1 2012 55890117

2413305

2536363

2413305

2536363

1028558

683041

50000

57500

110500

90500

500

360470

428891

192

125265

132614

116326

458947

621686

684678

440124

546160

9468

299447

312126

465742

441206

765189

753332

131209

224566

99640

224566

237718

31569

4716

360000 360000 20000 20000

5589

4880270

-7239040

-7256062

-1973181

-1990203

5589

360000

20000

4880270

-7256062

-7239040

440124

546160

0.01 0.01 30 30 30 30

55890117

50 50

55890117

51208323

55890117

51208323

0.00

-0.01

0.00

-0.01

17022

-432130

-15570

-52012

15570

52012

32592

-380118

41237

26198

105500

477290

179329

123370

463426

177292

642755

300662

0.001 0.001 20 20 20 20 100 100

500000000

0.0001

500 245000

24536

41854

20053

2108

-124926

-35486

-62992

117913

3445

73205

-68421

-147695

21994

343602

39016

-88528

11857

-11857

-192

20000

86797

7500

6401

-549

7349

4505

4410

75891

31569

-12637

15570

17012

30513 245000

55890117

17022

Medina International Holdings, Inc. ("Company," "Medina," "we," "us," "our") was incorporated in 1998 as Colorado Community Broadcasting, Inc. The Company intended to purchase low power television licenses or stations and planned to broadcast local programming mixed with appropriate national programming. The Company changed the name of the business in 2005 to Medina International Holdings, Inc.   The Company, under its two wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc., plans to manufacture and sell recreational and commercial boats. The Company formed Medina Marine, Inc., as a wholly owned subsidiary of the Company, on May 22, 2006 to manufacture and sell fire rescue, rescue and recreational boats.   The Company signed an agreement to acquire Modena Sports Design, LLC, as a wholly owned subsidiary of the Company on June 18, 2008. Modena Sports Design, LLC was formed in the State of California in 2003 to produce fire rescue, rescue and recreational boats. Modena Sports Design, LLC reorganized as a California corporation on January 7, 2010 changed its name to Harbor Guard Boats, Inc.   Presentation of Interim Information   In the opinion of the management of the Company, the accompanying unaudited financial statements include all normal adjustments considered necessary to present fairly the financial position and operating results of the Company for the periods presented. The financial statements and notes are presented as permitted by Form 10-Q, and do not contain certain information included in the Company's Annual Report on Form 10-K for the fiscal year ended April 30, 2012. It is management's opinion that when the interim financial statements are read in conjunction with the April 30, 2012 Annual Report on Form 10-K, the disclosures are adequate to make the information presented not misleading. Interim results are not necessarily indicative of results for a full year or any future period. The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America (GAAP) and include the assets, liabilities, revenues, and expenses of subsidiaries, Medina Marine, Inc., Harbor Guard Boats, Inc. All intercompany balances and transactions have been eliminated in consolidation.   Going Concern   Recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheet is dependent upon continued operations of the Company, which in turn is dependent upon the Company's ability to raise additional capital, obtain financing and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.   The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States, which contemplates continuation of the Company as a going concern. On July 31, 2012, the Company's current liabilities exceeded its current assets by $2,282,159. Also, the Company's operations generated $642,755 revenue during the current period ended and the Company's accumulated deficit is $7,239,085.   Management has taken various steps to revise its operating and financial requirements, which we believe are sufficient to provide the Company with the ability to continue on in the subsequent year. Management devoted considerable effort during the period ended July 31, 2012 towards management of liabilities and improving our operations. Management believes that the above actions will allow the Company to continue its operations through the next fiscal year.   The future success of the Company is likely dependent on its ability to attain additional capital to develop its proposed products and ultimately, upon its ability to attain future profitable operations. There can be no assurance that the Company will be successful in obtaining such financing, or that it will obtain positive cash flow.

Basis of Presentation and Consolidation   The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America (GAAP) and include the assets, liabilities, revenues, and expenses of our three wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc. All intercompany balances and transactions have been eliminated in consolidation. . Use of Estimates   The preparation of our consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions are used for, but are not limited to;   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">1)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Revenue recognition;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">2)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Allowance for doubtful accounts;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">3)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Inventory costs;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">4)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Asset impairments;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">5)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Depreciable lives of assets;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">6)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Income tax reserves and valuation allowances;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">7)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Fair value of stock options;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">8)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Allocation of direct and indirect cost of sales;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">9)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Contingent liabilities; and </td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">10)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Warranty liabilities. </td></tr></table>   Future events and their effects cannot be predicted with certainty; accordingly, our accounting estimates require exercise of judgment. We base our estimates on historical experience, available market information, appropriate valuation methodologies, and on various other assumptions that we believe to be reasonable. We evaluate and update our assumptions and estimates on an ongoing basis and may employ outside experts to assist in our evaluation, when necessary. Actual results could differ materially from these estimates.   Revenue Recognition   Revenue Recognition is recognized when earned. The Company's revenue recognition policies are in compliance with ASC 650 Revenue Recognition. Sales revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are satisfied, are recorded as unearned revenue.   Cash and Cash Equivalents   The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. The Company maintains its cash in bank deposit accounts that may exceed federally insured limits. The Company has not experienced any losses in such accounts. Accounts receivable   The Company reviews accounts receivable periodically for collectability and establishes an allowance for doubtful accounts and records bad debt expense when deemed necessary. At July 31, 2012 and April 30, 2012, the Company had $237,718 in its allowance for doubtful accounts.   Inventory   We carry our inventories at the lower of their cost or market value. Cost is determined using first-in, first-out (FIFO) method. Market is determined based on net realizable value. We also provide due consideration to obsolescence, excess quantities, and other factors in evaluating net realizable value.   Fixed Assets   Capital assets are stated at cost. Equipment consisting of molds is stated at cost. Depreciation of fixed assets is provided using the straight-line method over the estimated useful lives (3-7 years) of the assets. Expenditures for maintenance and repairs are charged to expense as incurred.   Long Lived Assets   The Company adopted codification ASC 350 "Accounting for the Impairment or Disposal of Long-Lived Assets", The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced.         Comprehensive Loss   Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain statements, however, require entities to report specific changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of comprehensive income.   Issuance of Shares for Service   The Company accounts for employee and non-employee stock awards, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable.   Fair Value Of Financial Instruments   Disclosures about fair value of financial instruments, requires that the Company disclose estimated fair values of financial instruments. The carrying amounts reported in the statements of financial position for current assets and current liabilities qualifying, as financial instruments are a reasonable estimate of fair value.   Foreign Currency Translation And Hedging   The Company is exposed to foreign currency fluctuations due to international trade. The management does not intend to enter into forward exchange contracts or any derivative financial investments for trading purposes. The management does not currently hedge foreign currency exposure.   Basic And Diluted Net Loss Per Share   Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.   Products and services, geographic areas and major customers   The Company earns revenue from the sale of recreational and commercial boats. The Companys products were sold domestically and internationally. The Company does not separate sales activities into different operating segments.   Recently issued accounting pronouncements   There were accounting standards and interpretations issued during the three months ended July 31, 2012, none of which are expected to have a material impact on the Companys financial position, operations or cash flows.

Basis of Presentation and Consolidation   The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America (GAAP) and include the assets, liabilities, revenues, and expenses of our three wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc. All intercompany balances and transactions have been eliminated in consolidation.

Use of Estimates   The preparation of our consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions are used for, but are not limited to;   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">1)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Revenue recognition;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">2)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Allowance for doubtful accounts;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">3)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Inventory costs;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">4)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Asset impairments;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">5)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Depreciable lives of assets;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">6)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Income tax reserves and valuation allowances;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">7)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Fair value of stock options;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">8)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Allocation of direct and indirect cost of sales;</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">9)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Contingent liabilities; and </td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif"></td><td style="width: 0.25in; font: 8pt Times New Roman, Times, Serif">10)</td><td style="text-align: justify; font: 8pt Times New Roman, Times, Serif">Warranty liabilities. </td></tr></table>   Future events and their effects cannot be predicted with certainty; accordingly, our accounting estimates require exercise of judgment. We base our estimates on historical experience, available market information, appropriate valuation methodologies, and on various other assumptions that we believe to be reasonable. We evaluate and update our assumptions and estimates on an ongoing basis and may employ outside experts to assist in our evaluation, when necessary. Actual results could differ materially from these estimates.

Revenue Recognition   Revenue Recognition is recognized when earned. The Company's revenue recognition policies are in compliance with ASC 650 Revenue Recognition. Sales revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are satisfied, are recorded as unearned revenue.   Cash and Cash Equivalents   The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. The Company maintains its cash in bank deposit accounts that may exceed federally insured limits. The Company has not experienced any losses in such accounts.

Accounts receivable   The Company reviews accounts receivable periodically for collectability and establishes an allowance for doubtful accounts and records bad debt expense when deemed necessary. At July 31, 2012 and April 30, 2012, the Company had $237,718 in its allowance for doubtful accounts.

Inventory   We carry our inventories at the lower of their cost or market value. Cost is determined using first-in, first-out (FIFO) method. Market is determined based on net realizable value. We also provide due consideration to obsolescence, excess quantities, and other factors in evaluating net realizable value.

Fixed Assets   Capital assets are stated at cost. Equipment consisting of molds is stated at cost. Depreciation of fixed assets is provided using the straight-line method over the estimated useful lives (3-7 years) of the assets. Expenditures for maintenance and repairs are charged to expense as incurred.

Long Lived Assets   The Company adopted codification ASC 350 "Accounting for the Impairment or Disposal of Long-Lived Assets", The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced.

Comprehensive Loss   Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain statements, however, require entities to report specific changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of comprehensive income.

Issuance of Shares for Service   The Company accounts for employee and non-employee stock awards, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable.

Fair Value Of Financial Instruments   Disclosures about fair value of financial instruments, requires that the Company disclose estimated fair values of financial instruments. The carrying amounts reported in the statements of financial position for current assets and current liabilities qualifying, as financial instruments are a reasonable estimate of fair value.

Foreign Currency Translation And Hedging   The Company is exposed to foreign currency fluctuations due to international trade. The management does not intend to enter into forward exchange contracts or any derivative financial investments for trading purposes. The management does not currently hedge foreign currency exposure.

Basic And Diluted Net Loss Per Share   Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

Products and services, geographic areas and major customers   The Company earns revenue from the sale of recreational and commercial boats. The Companys products were sold domestically and internationally. The Company does not separate sales activities into different operating segments.

Recently issued accounting pronouncements   There were accounting standards and interpretations issued during the three months ended July 31, 2012, none of which are expected to have a material impact on the Companys financial position, operations or cash flows.

As of July 31, 2012, inventory consisted of the following:   <table align="center" cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 77%; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center; font: 8pt Times New Roman, Times, Serif">Inventory</td> <td nowrap="nowrap" style="width: 23%; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center; font: 8pt Times New Roman, Times, Serif">Cost</td></tr> <tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif">Parts</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif"> $            0</td></tr> <tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif">Work-in-Progress</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font: 8pt Times New Roman, Times, Serif">99,640 </td></tr> <tr style="font: 8pt Times New Roman, Times, Serif"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Finished Goods</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; font: 8pt Times New Roman, Times, Serif">               0</td></tr> <tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif">Total Inventory</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-underline-style: double; font: 8pt Times New Roman, Times, Serif"> $   99,640       </td></tr> </table>

<table align="center" cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 77%; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center; font: 8pt Times New Roman, Times, Serif">Inventory</td> <td nowrap="nowrap" style="width: 23%; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center; font: 8pt Times New Roman, Times, Serif">Cost</td></tr> <tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif">Parts</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif"> $            0</td></tr> <tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif">Work-in-Progress</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font: 8pt Times New Roman, Times, Serif">99,640 </td></tr> <tr style="font: 8pt Times New Roman, Times, Serif"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Finished Goods</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; font: 8pt Times New Roman, Times, Serif">               0</td></tr> <tr style="vertical-align: top; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font: 8pt Times New Roman, Times, Serif">Total Inventory</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-underline-style: double; font: 8pt Times New Roman, Times, Serif"> $   99,640       </td></tr> </table>

As of July 31, 2012, fixed assets consisted of the following:   <table align="center" cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; font: bold 8pt Times New Roman, Times, Serif; text-decoration: underline">Property and Equipment</td> <td style="width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; font: bold 8pt Times New Roman, Times, Serif; text-decoration: underline; text-align: center">Cost</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Machinery and equipment; including molds & tools</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif; text-align: right">$672,502 </td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Computers</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                  13,535</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Furniture & fixture</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                        2,537</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Office equipments</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                        4540</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Fire Extinguisher</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                           500</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Intangible Assets</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">              71,575</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Total Property and Equipment</td> <td nowrap="nowrap" style="border-top: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">                                 765,189</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Less accumulated depreciation</td> <td nowrap="nowrap" style="border-bottom: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">                   (465,742)</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Fixed Assets, Net</td> <td nowrap="nowrap" style="border-bottom: windowtext 1.5pt double; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">                   $299,447</td></tr> </table>

<table align="center" cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 78%; padding-right: 5.4pt; padding-left: 5.4pt; font: bold 8pt Times New Roman, Times, Serif; text-decoration: underline">Property and Equipment</td> <td style="width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; font: bold 8pt Times New Roman, Times, Serif; text-decoration: underline; text-align: center">Cost</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Machinery and equipment; including molds & tools</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif; text-align: right">$672,502 </td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Computers</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                  13,535</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Furniture & fixture</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                        2,537</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Office equipments</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                        4540</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Fire Extinguisher</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">                           500</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Intangible Assets</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font: 8pt Times New Roman, Times, Serif">              71,575</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Total Property and Equipment</td> <td nowrap="nowrap" style="border-top: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">                                 765,189</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Less accumulated depreciation</td> <td nowrap="nowrap" style="border-bottom: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">                   (465,742)</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Fixed Assets, Net</td> <td nowrap="nowrap" style="border-bottom: windowtext 1.5pt double; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">                   $299,447</td></tr> </table>

As of July 31, 2012, Short term debts consisted of the following:   <table align="center" cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 77%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; font: 8pt Times New Roman, Times, Serif">Financial Institutions</td> <td style="width: 23%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font: 8pt Times New Roman, Times, Serif">   </td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Citi bank</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">$ 94,886 </td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Wells Fargo bank</td> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font: 8pt Times New Roman, Times, Serif">               8,000</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Credit Cards</td> <td nowrap="nowrap" style="border-bottom: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">             22,379</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">Total Short Term debt</td> <td nowrap="nowrap" style="border-bottom: windowtext 1.5pt double; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">$ 125,265</td></tr> </table>       At July 31, 2012, the Company has a line of credit totaling $100,000, under which the Company may borrow on an unsecured basis since the year 2008 at an interest rate of 8.75.% with monthly payments due. The outstanding balance for this loan was $94,886.   At July 31, 2012, the Company originally borrowed $11,024.92 from Wells Fargo bank as equipment loan repayable in monthly installments over a period of 60 monthly installments of $212.   The Companys remaining credit cards carry various interest rates and require monthly payments, and are substantially held in the name of or guaranteed by related parties.

The Company has various license agreements with a related party allowing its technology to be utilized in the manufacture of its boats. The license agreements typical provide for $1,500 royalty payment on every boat manufactured by the company except on boats manufactured where Mr. Albert Mardikians patents are not used.

Deposit from customers at the end of quarter ended July 31, 2012 consists of the following:   <table align="center" cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font: 8pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 77%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">   Notes payable - related party</td> <td nowrap="nowrap" style="width: 23%; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"> $          50,000</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">Notes payable - others</td> <td nowrap="nowrap" style="border-bottom: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">            110,500</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">Total</td> <td nowrap="nowrap" style="border-bottom: windowtext 1.5pt double; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"> $         160,500</td></tr> </table>   At July 31, 2012, the Company had an unsecured note payable to Mr. Srikrishna Mankal, son of Madhava Rao Mankal, CFO of the Company, in the amount of $50,000, which bears an 8% interest repayable. Interest accrued to date $14,000.   At July 31, 2012, the Company had an unsecured convertible note payable with an unrelated party in the amount of $90,500, which bears at 8-22% interest and is currently due. The note is convertible at the holders' option (principal & interest) in full or part into common stock at 60% of the average of the three lowest market bid prices on the Companys common stock from the previous 10 days quotes. The Company recognized a $95,000 beneficial conversion expense during the year ended April 30, 2012 with an offset to additional paid in capital.

<table align="center" cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font: 8pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="width: 77%; padding-right: 5.4pt; padding-left: 5.4pt; font: 8pt Times New Roman, Times, Serif">   Notes payable - related party</td> <td nowrap="nowrap" style="width: 23%; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"> $          50,000</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">Notes payable - others</td> <td nowrap="nowrap" style="border-bottom: windowtext 1pt solid; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">            110,500</td></tr> <tr style="vertical-align: bottom; font: 8pt Times New Roman, Times, Serif"> <td nowrap="nowrap" style="font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt">Total</td> <td nowrap="nowrap" style="border-bottom: windowtext 1.5pt double; font: 8pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"> $         160,500</td></tr> </table>

At July 31, 2012, Shareholders' loans consisted of the following:   Daniel Medina, President & Director		$ 533,283 Madhava Rao Mankal, Chief Financial Officer	& Director	 495,275 Total		$1,028,558   Shareholders loan from shareholder of the Company, unsecured, 10% interest per annum, due on demand.

During the quarter ended July 31, 2012, the Company did not issue any shares of its common stock.

Rental Leases   The Company signed a 3 year lease for 11,900 square feet building in the city of Corona, in the state of California, effective April, 2010. The address for this location is 1802 Pomona Rd, Corona, CA 92880. This building is owned by unrelated parties. The lease expires on March 31, 2013, and calls for monthly payments initially of $2,600 per month plus costs, escalating over the term of the lease to $6,000 per month plus costs.   The Company has various license agreements with a related party allowing its technology to be utilized in the manufacture of its boats. The license agreements typical provide for $1,500 royalty payment on every boat manufactured by the company except on boats manufactured where Mr. Albert Mardikians patents are not used.

On August 31, 2012, the Board of Directors of the Company authorized the creation of a new series of its Preferred Stock. On August 28, 2012, the Company amended its Articles of Incorporation to designate the Series C Convertible Preferred Stock. The Series C Convertible Preferred Stock (Series C Preferred Stock) has 500 authorized shares. At the time of this filing no shares of the Series C Preferred Stock have been issued.   The holders of the Series C Preferred Stock have a voting right equal to that of the common stock holders in any matter that the common stock holders of the Company are able to vote upon. The Series C Preferred Stock is equal to such number of votes as shall be equal to the aggregate number of shares of common stock into which such holder's shares of Series C Stock are convertible immediately after the close of business on the record date determined for any vote.   The Series C Preferred Stock is convertible into shares of the Companys restricted common stock. The Series C Preferred Stock will convert at a rate of 1 share of Series C Preferred Stock for 62,500 shares of the Companys common stock.   The Company has evaluated it activities subsequent to the period ended July 31, 2012, through September 05, 2012 and found no reportable subsequent events.

99640

13535

2537

4540 500

71575

94886 8000 22379

125265

339970 20500

360470

50000

110500

160500

533283 495275

100000

.0875

94886

672502 765189 -465742 299447 1028558

EX-101.SCH 7 mihi-20120731.xsd 0001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 0002 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0003 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 0004 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0005 - Statement - Consolidated Statements of Shareholders' Equity (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0006 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0007 - Disclosure - 1. BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 0008 - Disclosure - 2. SUMMARY OF ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 0009 - Disclosure - 3. INVENTORY link:presentationLink link:calculationLink link:definitionLink 0010 - Disclosure - 4. FIXED ASSETS link:presentationLink link:calculationLink link:definitionLink 0011 - Disclosure - 5. SHORT-TERM DEBT link:presentationLink link:calculationLink link:definitionLink 0012 - Disclosure - 6. RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 0013 - Disclosure - 7. CUSTOMER DEPOSIT link:presentationLink link:calculationLink link:definitionLink 0014 - Disclosure - 8. NOTE PAYABLE link:presentationLink link:calculationLink link:definitionLink 0015 - Disclosure - 9. SHAREHOLDERS' LOANS link:presentationLink link:calculationLink link:definitionLink 0016 - Disclosure - 10. STOCKHOLDERS' EQUITY link:presentationLink link:calculationLink link:definitionLink 0017 - Disclosure - 11. COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 0018 - Disclosure - 12. SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 0019 - Disclosure - 2. SUMMARY OF ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 0020 - Disclosure - 3. INVENTORY (Tables) link:presentationLink link:calculationLink link:definitionLink 0021 - Disclosure - 4. FIXED ASSETS (Tables) link:presentationLink link:calculationLink link:definitionLink 0022 - Disclosure - 5. SHORT-TERM DEBT (Tables) link:presentationLink link:calculationLink link:definitionLink 0023 - Disclosure - 7. CUSTOMER DEPOSIT (Tables) link:presentationLink link:calculationLink link:definitionLink 0024 - Disclosure - 8. NOTE PAYABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 0025 - Disclosure - 3. INVENTORY (Details) link:presentationLink link:calculationLink link:definitionLink 0026 - Disclosure - 4. FIXED ASSETS (Details) link:presentationLink link:calculationLink link:definitionLink 0027 - Disclosure - 5. SHORT-TERM DEBT (Details) link:presentationLink link:calculationLink link:definitionLink 0028 - Disclosure - 7. CUSTOMER DEPOSIT (Details) link:presentationLink link:calculationLink link:definitionLink 0029 - Disclosure - 8. NOTE PAYABLE (Details) link:presentationLink link:calculationLink link:definitionLink 0030 - Disclosure - 9. SHAREHOLDERS' LOANS (Details) link:presentationLink link:calculationLink link:definitionLink 0031 - Disclosure - 5. SHORT-TERM DEBT (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 mihi-20120731_cal.xml EX-101.LAB 9 mihi-20120731_lab.xml Common Stock Equity Components [Axis] Preferred Stock Series A Preferred Stock Series B Additional Paid-In Capital Retained Earnings / Accumulated Deficit Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] ASSETS Cash Receivables Reserve Total receivables Inventory Total current assets Property & Equipment Accumulated depreciation Total Property & Equipment Other Assets: Prepaid Expenses and deposits TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) Accounts payable Accrued liabilities Short term debt Bank overdraft Customer Deposit Stock committed to be issued Notes payable Related party payable Related Parties - short-term Total current liabilities Total Liabilities Stockholders' equity (deficit): Preferred stock 10,000,000 shares authorized Series A preferred stock, $0.01 par value, 50 shares authorized, 30 shares issued and outstanding Series B preferred stock, $0.001 par value, 100 shares authorized, 20 shares issued and outstanding Common stock, $0.0001 par value, 500,000,000 shares authorized, 55,890,117 shares issued and outstanding respectively Additional paid-in capital Accumulated deficit Total shareholders' equity (deficit) TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) Preferred Stock Series A shares Authorized Preferred Stock Series A shares par value Preferred stock Series A, issued shares Preferred stock Series A, outstanding shares Preferred Stock Series B shares Authorized Preferred Stock Series B shares par value Preferred stock Series B , issued shares Preferred stock Series B , outstanding shares Common Stock shares Authorized Common Stock shares par value Common Stock shares Issued Common Stock shares Outstanding Income Statement [Abstract] Sales, net Cost of Goods Sold Gross Profit (Loss) General and administrative expenses Selling and marketing expenses Write-off of assets Income (Loss) from operations Other income (expense) Interest expense Net other Income (Loss) Net Income (loss) Net loss per share (Medina International Holdings, Inc.): Basic Diluted Weighted average number of shares outstanding: Basic Diluted Statement [Table] Statement [Line Items] Beginning Balance, Amount Beginning Balance, Shares Net income Ending Balance, Amount Ending Balance, Shares Statement of Cash Flows [Abstract] Cash flows from operating activities: Net loss Adjustments to reconcile net loss to net cash used in operating activities: Common stock expenses Depreciation expenses Write-off of fixed assets Changes in operating assets and liabilities: (Increase) decrease in accounts receivable (increase) decrease in other receivable (Increase) decrease in inventory Increase (decrease) in accounts payable Increase (decrease) in accrued liabilities Increase (decrease) in customer deposits (Increase) decrease in prepaid expenses Total adjustments Net cash (used) received in operating activities Cash flows from investing activities: Purchase of property and equipment Total cash flow used in investing activities Cash flows from financing activities: Bank overdraft Proceeds (payment) from note payable Proceeds (payments) from related party notes payables Proceeds (payments) from related party notes payables shareholders Proceeds (payment) from Lines of Credit & Credit Cards Proceeds from stock subscription Total cash flow provided (used) by financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents - beginning of period Cash and cash equivalents - end of period Supplemental disclosure of cash flow information: Interest Paid Taxes paid Supplemental schedule of noncash investing and financing activities Stock issued for services Accounting Policies [Abstract] 1. BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES 2. SUMMARY OF ACCOUNTING POLICIES Inventory Disclosure [Abstract] 3. INVENTORY Property, Plant and Equipment [Abstract] 4. FIXED ASSETS Debt Disclosure [Abstract] 5. SHORT-TERM DEBT Related Party Transactions [Abstract] 6. RELATED PARTY TRANSACTIONS Notes to Financial Statements 7. CUSTOMER DEPOSIT 8. NOTE PAYABLE Text Block [Abstract] 9. SHAREHOLDERS' LOANS Equity [Abstract] 10. STOCKHOLDERS' EQUITY Commitments and Contingencies Disclosure [Abstract] 11. COMMITMENTS AND CONTINGENCIES Subsequent Events [Abstract] 12. SUBSEQUENT EVENTS Basis of Presentation and Consolidation Use of Estimates Revenue Recognition Accounts receivable Inventory Fixed Assets Long Lived Assets Comprehensive Loss Issuance of Shares for Service Fair Value Of Financial Instruments Foreign Currency Translation And Hedging Basic And Diluted Net Loss Per Share Products and services, geographic areas and major customers Recently issued accounting pronouncements Inventory Property and Equipment Short Debt Customer Deposits Notes Payable Inventory Details Parts Work-in-Progress Finished Goods Total Inventory Fixed Assets Details Property and Equipment Machinery and equipment; including molds & tools Computers Furniture & fixture Office equipments Fire Extinguisher Intangible Assets Total Property and Equipment Less accumulated depreciation Fixed Assets, Net Short-Term Debt Details Financial Institutions Citi bank Wells Fargo bank Credit Cards Total Short Term debt Customer Deposit Details Deposit for commercial boats Deposit for recreational boats Total EX-101.PRE 10 mihi-20120731_pre.xml EX-101.DEF 11 mihi-20120731_def.xml XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 R25.htm IDEA: XBRL DOCUMENT

3. INVENTORY (Details) (USD $)	Jul. 31, 2012	Apr. 30, 2011
Inventory Details
Parts	$ 0
Work-in-Progress	99,640
Finished Goods	0
Total Inventory	$ 99,640	$ 224,566

- Definition

Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

+ References+ Details

XML 14 R9.htm IDEA: XBRL DOCUMENT

3. INVENTORY

3 Months Ended

Jul. 31, 2012

Inventory Disclosure [Abstract]

3. INVENTORY

As of July 31, 2012, inventory consisted of the following:

Inventory	Cost
Parts	$ 0
Work-in-Progress	99,640
Finished Goods	0
Total Inventory	$ 99,640

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

8. NOTE PAYABLE (Details) (USD $)	Jul. 31, 2012
Note Payable Details
Notes payable - related party	$ 50,000
Notes payable - others	110,500
Total	$ 160,500

EXCEL 15 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I. M86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I%>&-E;%=O#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/C$P7U-43T-+2$],1$524U]%455)5%D\+W@Z3F%M93X-"B`@ M("`\>#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX.E=O M#I%>&-E;%=O#I.86UE/C)?4U5-34%265]/1E]!0T-/54Y424Y'7U!/ M3$E#23$\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/C=? M0U535$]-15)?1$503U-)5%]486)L97,\+W@Z3F%M93X-"B`@("`\>#I7;W)K M#I7;W)K#I%>&-E;%=O M#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/C5?4TA/4E1415)-7T1%0E1?1&5T86EL#I. M86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/CE?4TA!4D5(3TQ$15)37TQ/04Y3 M7T1E=&%I;',\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I7;W)K#I3='EL97-H965T($A2968],T0B5V]R:W-H M965T&-E;"!84"!O M3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R2!);F9O2!);F9O'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^665S/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$2!#;VUM M;VX@4W1O8VLL(%-H87)E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^43$\ M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^)FYB'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$6%B;&4\+W1D/@T*("`@("`@("`\=&0@8VQAF5D M+"`S,"!S:&%R97,@:7-S=65D(&%N9"!O=71S=&%N9&EN9SPO=&0^#0H@("`@ M("`@(#QT9"!C;&%SF5D+"`R,"!S:&%R97,@:7-S=65D(&%N9"!O=71S=&%N9&EN M9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879AF5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M<#XQ,#`\3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA'!E;G-E*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^)FYB'0^)FYB7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA&5D(&%S'0^)FYB'0^)FYB'0^)FYB6%B;&4\ M+W1D/@T*("`@("`@("`\=&0@8VQA'!E;G-E'0^)FYB'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!A;F0@97%U:7!M96YT/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M;G5M/B@Q,2PX-3'0^)FYB'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6UE;G0I(&9R;VT@;F]T92!P87EA8FQE/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR,"PP,#`\6%B;&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M/B@W+#4P,"D\ M6%B;&5S('-H87)E:&]L9&5R6UE;G0I(&9R;VT@3&EN97,@;V8@0W)E9&ET("9A;7`[($-R961I="!#87)D M'0^)FYB'0^)FYB2!F:6YA;F-I M;F<@86-T:79I=&EE'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&5S('!A:60\+W1D/@T*("`@("`@("`\=&0@8VQA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,C$U861B-E\U,S0S M7S0Y839?861C,E]D83'0O M:'1M;#L@8VAA'0^/'`@2PF(S,T.PT*)B,S-#M-961I;F$L)B,S M-#L@)B,S-#MW92PF(S,T.R`F(S,T.W5S+"8C,S0[("8C,S0[;W5R)B,S-#LI M('=A6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP M="!4:6UE2P@=6YD97(@:71S('1W M;R!W:&]L;'D@;W=N960@2!O9B!T:&4@0V]M M<&%N>2P@;VX@36%Y(#(R+"`R,#`V('1O(&UA;G5F86-T=7)E(&%N9"!S96QL M(&9I2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`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`T*86-C;W5N=&EN9R!P'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU2=S(&%B:6QI='D@=&\@2!S:&]U;&0@=&AE($-O;7!A;GD@8F4@=6YA8FQE('1O(&-O;G1I M;G5E(&%S(&$@9V]I;F<@8V]N8V5R;BX\+W`^#0H-"CQP('-T>6QE/3-$)V9O M;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2!W:71H(&=E;F5R86QL>2!A8V-E<'1E9"!A8V-O M=6YT:6YG('!R:6YC:7!L97,@:6X@=&AE(%5N:71E9"!3=&%T97,L('=H:6-H M(&-O;G1E;7!L871E2`S,2P@,C`Q,BP@=&AE($-O;7!A M;GDG2`D,BPR.#(L,34Y+@T*06QS;RP@=&AE($-O;7!A;GDG6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2!T;R!C;VYT:6YU92!I=',@;W!E6QE/3-$)V9O;G0Z(#AP="!4 M:6UE6QE/3-$)V9O M;G0Z(#AP="!4:6UE2!T;R!A='1A:6X-"F9U='5R92!P2!W:6QL(&)E('-U8V-E7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^ M/&D^)B,Q-C`[/"]I/CPO<#X-"@T*/'`@'0M M86QI9VXZ(&IU'!E;G-E2<^+CPO<#X- M"@T*/'`@'0M86QI9VXZ(&IU2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL M93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE('!R97!A6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UEF4Z(#$Q<'0G/C$I/"]F;VYT/CPO M=&0^/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&IU6QE/3-$)W9E6QE/3-$)V9O;G0M3L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E MF4Z(#$Q<'0G/D%L;&]W86YC M92!F;W(@9&]U8G1F=6P@86-C;W5N=',[/"]F;VYT/CPO=&0^/"]T6QE/3-$)W=I9'1H.B`P M+C(U:6X[(&9O;G0Z(#AP="!4:6UE6QE M/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M3L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF4Z(#$Q<'0G/D%S6QE M/3-$)W9E6QE/3-$ M)V9O;G0M3L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-EF4Z(#$Q M<'0G/D1E<')E8VEA8FQE(&QI=F5S(&]F(&%S6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`X<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UE MF4Z(#$Q<'0G/C8I M/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&IU6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`X<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UEF4Z(#$Q<'0G/C6QE/3-$)W1E>'0M86QI9VXZ(&IU6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP M="!4:6UE6QE/3-$)V9O;G0M6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP M="!4:6UE6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ(&IU2<^)B,Q-C`[/"]P/@T* M#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M2<^1G5T M=7)E(&5V96YT3L@86-C;W)D:6YG;'DL(&]U'!E2<^/&D^)B,Q-C`[ M/"]I/CPO<#X-"@T*/'`@'0M86QI9VXZ(&IU M2<^)B,Q-C`[/"]P M/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M4F5V96YU92!296-O9VYI=&EO;B!IF5D('=H96X@96%R;F5D M+@T*5&AE($-O;7!A;GDG&5D(&]R(&1E=&5R;6EN86)L92P@=&AE(&1E;&EV97)Y(&ES(&-O;7!L971E M9"P-"FYO(&]T:&5R('-I9VYI9FEC86YT(&]B;&EG871I;VYS(&]F('1H92!# M;VUP86YY(&5X:7-T(&%N9"!C;VQL96-T86)I;&ET>2!I6UE;G1S(')E8V5I=F5D(&)E9F]R92!A;&P@;V8-"G1H M92!R96QE=F%N="!C6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE M'0M86QI9VXZ(&IU'0M86QI M9VXZ(&IU2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@0T*9F]R(&-O;&QE8W1A8FEL:71Y(&%N M9"!E6QE/3-$)V9O M;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UEF%B;&4-"G9A;'5E+CPO<#X-"@T*/'`@'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU&5D($%S M6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP M="!4:6UE&5D(&%S'!E;G-E(&%S(&EN8W5R'0M86QI9VXZ(&IU'0M86QI9VXZ M(&IU'0M86QI9VXZ(&IUF5D(&)A6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^/&D^)B,Q-C`[/"]I/CPO<#X- M"@T*/'`@'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#AP="!4:6UE M2<^/&D^0V]M<')E:&5N'0M86QI M9VXZ(&IU'0M86QI9VXZ(&IUF5D(')E=F5N=64L(&5X M<&5NF5D(&=A:6YS(&%N M9"!L;W-S97,@;VX@879A:6QA8FQE+69O2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M86QI M9VXZ(&IU'0M86QI9VXZ(&IU65E#0IS=&]C:R!A=V%R9',L('=H M97)E8GD@97%U:71Y(&EN6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE6EN9RP@87,@9FEN86YC:6%L(&EN2<^)B,Q-C`[/"]P/@T*#0H\ M<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^/&D^1F]R M96EG;B!#=7)R96YC>2!46QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2!I'!O&-H86YG92!C;VYT2<^)B,Q-C`[/"]P/@T*#0H\<"!S M='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^/&D^0F%S:6,@ M06YD($1I;'5T960@3F5T($QO'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU&5R8VES960N($1I;'5T:6]N(&ES(&-O;7!U=&5D(&)Y(&%P<&QY:6YG M('1H92!T2!S=&]C:R!M971H;V0N(%5N9&5R('1H:7,@;65T:&]D M+`T*;W!T:6]N'0M M86QI9VXZ(&IU6QE M/3-$)V9O;G0Z(#AP="!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@96%R;G,@6QE M/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2!I6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE'!E8W1E9"!T;R!H879E(&$@;6%T97)I86P@:6UP86-T(&]N('1H92!#;VUP M86YY)B,Q-#8[2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT M.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL M93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T* M#0H-"@T*/'`@7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA'0^/'`@2<^07,@;V8@2G5L>2`S M,2P@,C`Q,BP@:6YV96YT;W)Y(&-O;G-I6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP M="!4:6UE6QE/3-$)V9O M;G0Z(#AP="!4:6UE'0M86QI9VXZ(&-E;G1E'0M9&5C;W)A=&EO;CH@=6YD97)L:6YE.R!T97AT+6%L:6=N M.B!C96YT97([(&9O;G0Z(#AP="!4:6UE'0M M86QI9VXZ(&IU'0M86QI9VXZ(&IU6QE/3-$)W9E6QE/3-$)W!A9&1I;F6QE/3-$)V9O;G0Z(#AP="!4:6UE M6QE/3-$ M)W!A9&1I;F'0M9&5C;W)A=&EO M;CH@=6YD97)L:6YE.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M6QE/3-$)W9E3L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L M(%-E'0M9&5C;W)A=&EO;CH@=6YD97)L:6YE.R!T M97AT+75N9&5R;&EN92US='EL93H@9&]U8FQE.R!F;VYT.B`X<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA2P@4&QA;G0@86YD($5Q=6EP;65N="!;06)S=')A8W1=/"]S M=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\'0^/'`@ M2<^07,@;V8@2G5L>2`S,2P@,C`Q,BP@9FEX M960@87-S971S(&-O;G-I6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$ M)W=I9'1H.B`R,B4[('!A9&1I;F'0M M86QI9VXZ(&-E;G1E6QE/3-$)V9O;G0MF4Z(#$P<'0G M/B`\+V9O;G0^/"]T9#X\+W1R/@T*/'1R('-T>6QE/3-$)W9E'0M M86QI9VXZ(')I9VAT.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A M9&1I;F6QE M/3-$)W!A9&1I;F'1I;F=U:7-H97(\+W1D/@T*("`@(#QT9"!N;W=R M87`],T1N;W=R87`@'0M86QI9VXZ(')I9VAT.R!F;VYT.B`X M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE M/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W9E M2!A;F0@17%U:7!M96YT/"]T9#X-"B`@("`\=&0@ M;F]W6QE/3-$)V)O'0@,7!T('-O;&ED.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE M6QE/3-$)W!A9&1I;F6QE/3-$)V)O'0@,7!T('-O;&ED M.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M86QI9VXZ(')I9VAT M)SXF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF M(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V M,#L@)B,Q-C`[)B,Q-C`[)B,Q-C`[)#(Y.2PT-#<\+W1D/CPO='(^#0H\+W1A M8FQE/@T*/'`@'0M86QI9VXZ(&IU3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R M=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA'0^/'`@2<^07,@;V8@2G5L>2`S,2P@,C`Q,BP@4VAO2<^)B,Q-C`[ M/"]P/@T*#0H\=&%B;&4@86QI9VX],T1C96YT97(@8V5L;'-P86-I;F<],T0P M(&-E;&QP861D:6YG/3-$,"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE'0M9&5C;W)A=&EO;CH@=6YD97)L:6YE.R!F;VYT.B`X<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)W!A9&1I;F6QE/3-$)V9O;G0MF4Z(#$P<'0G/B`\+V9O;G0^/"]T9#X\+W1R/@T*/'1R M('-T>6QE/3-$)W9E6QE/3-$)W!A9&1I;F6QE/3-$)W9E'0M86QI9VXZ(&-E;G1E6QE/3-$)V)O'0@,2XU<'0@9&]U8FQE.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UEF4Z(#$P<'0G M/B0@,3(U+#PO9F]N=#X\9F]N="!S='EL93TS1"=F;VYT.B`Q,7!T($-A;&EB M2<^/&(^)B,Q-C`[/"]B/CPO<#X-"@T*/'`@'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#AP="!4:6UE2!H87,@82!L:6YE M(&]F#0IC2!B;W)R;W<@;VX@86X@=6YS96-U2!P87EM96YT2<^)B,Q-C`[ M/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^070@2G5L>2`S,2P@,C`Q,BP@=&AE($-O;7!A;GD@;W)I9VEN86QL>2!B M;W)R;W=E9`T*)#$Q+#`R-"XY,B!F2!I;G-T86QL;65N=',@ M;V8-"B0R,3(N/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GDF(S$T-CMS(')E;6%I M;FEN9R!C2!P87EM96YT2!R96QA=&5D('!A7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T* M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA6QE/3-$)VUA'0M86QI9VXZ(&IU M7!I8V%L('!R;W9I M9&4-"F9O2!P87EM96YT(&]N(&5V97)Y(&)O870@ M;6%N=69A8W1U6QE/3-$)V9O M;G0Z(#AP="!4:6UE3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D M83'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$6QE/3-$)V9O;G0Z(#AP="!4:6UE2`S,2P@,C`Q,B!C;VYS:7-T6QE/3-$ M)V9O;G0Z(#AP="!4:6UE2<^)B,Q-C`[/"]P/@T*#0H-"@T*/'`@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE M/3-$)VUA'0M M86QI9VXZ(&IU2<^)B,Q-C`[/"]P/@T*#0H\=&%B;&4@86QI M9VX],T1C96YT97(@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,"!S M='EL93TS1"=W:61T:#H@,3`P)3L@8F]R9&5R+6-O;&QA<'-E.B!C;VQL87!S M93L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$ M)V9O;G0Z(#AP="!4:6UE3PO<#X\+W1D M/@T*("`@(#QT9"!N;W=R87`],T1N;W=R87`@6QE/3-$)V9O;G0Z(#AP="!4:6UE6%B;&4@+2!O=&AE6QE/3-$)W9E6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2!H860@86X@ M=6YS96-U6%B;&4@=&\@37(N(%-R:6MR:7-H;F$@36%N M:V%L+"!S;VX@;V8@36%D:&%V82!286\@36%N:V%L+"!#1D\@;V8@=&AE($-O M;7!A;GDL(&EN('1H92!A;6]U;G0@;V8@)#4P+#`P,"P@=VAI8V@@8F5A2<^)B,Q-C`[/"]P/@T*#0H\ M<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^070@2G5L M>2`S,2P@,C`Q,BP@=&AE($-O;7!A;GD@:&%D(&%N('5N2!D=64N#0I4:&4@;F]T92!I M'!E;G-E(&1U65A6QE/3-$)V9O;G0Z M(#AP="\Q,34E(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E2<^)B,Q-C`[/"]P/@T*#0H-"@T*/'`@7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A6QE/3-$)VUA'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU'0M86QI M9VXZ(&IU'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#AP="!4 M:6UE6QE/3-$)V9O M;G0Z(#AP="!4:6UE2P@=6YS96-U M6QE/3-$)VUA'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA6QE/3-$)V9O;G0Z(#AP="!4:6UE2`S,2P@,C`Q,BP@=&AE M#0I#;VUP86YY(&1I9"!N;W0@:7-S=64@86YY('-H87)E6QE/3-$)VUA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'`@ M2<^/&D^4F5N=&%L($QE87-E6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE2!S:6=N960@82`S('EE87(@;&5A'!I6UE;G1S(&EN:71I86QL>2!O9B`D,BPV,#`@<&5R(&UO;G1H M('!L=7,@8V]S=',L(&5S8V%L871I;F<@;W9E'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU7!I8V%L('!R;W9I9&4- M"F9O2!P87EM96YT(&]N(&5V97)Y(&)O870@;6%N M=69A8W1U6QE/3-$)V9O;G0Z M(#AP="!4:6UE7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA'0^/'`@2<^ M3VX@075G=7-T(#,Q+"`R,#$R+"!T:&4@0F]A2!A=71H;W)I>F5D('1H92!C2!A;65N9&5D(&ETF5D('-H87)E2<^)B,Q M-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE2<^5&AE(&AO;&1E2<^)B,Q-C`[/"]P/@T*#0H\ M<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE(%-E M6QE/3-$)VUA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^/&D^ M)B,Q-C`[/"]I/CPO<#X-"@T*/'`@'0M86QI M9VXZ(&IU'!E;G-E'0^/'`@ M'0M86QI9VXZ(&IU2<^5&AE('!R97!A6QE M/3-$)V9O;G0Z(#AP="!4:6UE6QE M/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6QE/3-$ M)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UEF4Z(#$Q<'0G/C$I/"]F;VYT/CPO=&0^/'1D M('-T>6QE/3-$)W1E>'0M86QI9VXZ(&IU6QE/3-$)W9E6QE/3-$)V9O;G0M3L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF4Z(#$Q<'0G/D%L;&]W86YC92!F;W(@ M9&]U8G1F=6P@86-C;W5N=',[/"]F;VYT/CPO=&0^/"]T6QE/3-$)W=I9'1H.B`P+C(U:6X[ M(&9O;G0Z(#AP="!4:6UE6QE/3-$)V9O M;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M3L@ M9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-EF4Z(#$Q<'0G/D%S6QE/3-$)W9E M6QE/3-$)V9O;G0M M3L@9F]N=#H@.'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-EF4Z(#$Q<'0G/D1E M<')E8VEA8FQE(&QI=F5S(&]F(&%S6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`X<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UEF4Z(#$Q<'0G/C8I/"]F;VYT M/CPO=&0^/'1D('-T>6QE/3-$)W1E>'0M86QI9VXZ(&IU6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UEF4Z(#$Q<'0G/C6QE/3-$)W1E>'0M86QI9VXZ(&IU6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UE M6QE/3-$)V9O;G0M6QE/3-$)W=I9'1H.B`P+C(U:6X[(&9O;G0Z(#AP="!4:6UE M6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W1E>'0M86QI9VXZ(&IU2<^)B,Q-C`[/"]P/@T*#0H\<"!S M='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^1G5T=7)E(&5V M96YT3L@86-C;W)D:6YG;'DL(&]U'!E2X@06-T=6%L(')E'0^/'`@'0M86QI9VXZ(&IU2<^4F5V96YU92!296-O9VYI=&EO M;B!IF5D('=H96X@96%R;F5D+@T*5&AE($-O;7!A;GDG&5D(&]R(&1E=&5R;6EN86)L M92P@=&AE(&1E;&EV97)Y(&ES(&-O;7!L971E9"P-"FYO(&]T:&5R('-I9VYI M9FEC86YT(&]B;&EG871I;VYS(&]F('1H92!#;VUP86YY(&5X:7-T(&%N9"!C M;VQL96-T86)I;&ET>2!I6UE;G1S M(')E8V5I=F5D(&)E9F]R92!A;&P@;V8-"G1H92!R96QE=F%N="!C6QE M/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)V9O;G0Z(#AP="!4:6UE'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU'0^/'`@6QE/3-$)V9O;G0M=V5I9VAT.B!N;W)M86PG M/CQI/D%C8V]U;G1S(')E8V5I=F%B;&4\+VD^/"]F;VYT/CPO<#X-"@T*/'`@ M'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU2!A;F0@97-T86)L:7-H97,@ M86X@86QL;W=A;F-E(&9O2!H860@)#(S-RPW,3@@:6X@:71S(&%L;&]W86YC92!F;W(@9&]U8G1F=6P@ M86-C;W5N=',N/"]P/CQS<&%N/CPO2<^/&D^26YV96YT;W)Y/"]I/CPO<#X-"@T*/'`@'0M86QI9VXZ(&IU'0M86QI9VXZ(&IUF%B;&4@=F%L M=64N(%=E(&%L6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT M.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^0V%P:71A;"!A65A'0^/'`@'0M86QI9VXZ(&IU M'0M86QI9VXZ(&IUF5D(&)A6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^)B,Q-C`[ M/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE2<^06-C;W5N=&EN9R!P2!R97%U:7)E('1H M870-"G)E8V]G;FEZ960@6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^ M)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@86-C;W5N=',@9F]R(&5M<&QO>65E(&%N M9"!N;VXM96UP;&]Y964-"G-T;V-K(&%W87)D2!E<75I='D@ M:6YS=')U;65N=',@:7-S=65D('1O(&5M<&QO>65E2!I;G-T2!M96%S=7)A8FQE+CPO<#X\2<^ M/&D^1F%I2<^ M)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`X<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^1&ES8VQO6EN9R!A;6]U;G1S(')E<&]R=&5D(&EN M('1H92!S=&%T96UE;G1S#0IO9B!F:6YA;F-I86P@<&]S:71I;VX@9F]R(&-U M6QE/3-$)V9O;G0Z(#AP="!4:6UE'0M86QI M9VXZ(&IU'0M86QI9VXZ(&IU0T*9FQU8W1U871I;VYS(&1U92!T;R!I;G1E M2!E>'!O6QE/3-$)V9O;G0Z(#AP="!4 M:6UE2<^0F%S:6,@;F5T(&QO&5R8VES960@870@=&AE(&)E9VEN M;FEN9R!O9B!T:&4@<&5R:6]D("AO6QE/3-$)V9O;G0Z(#AP="!4:6UE2<^)B,Q-C`[/"]P/@T*#0H\<"!S='EL93TS M1"=F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@96%R M;G,@2!I'0^/'`@'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU'0M86QI9VXZ(&IU3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,C$U861B M-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA2!$:7-C;&]S=7)E(%M!8G-T'0M9&5C;W)A=&EO;CH@=6YD97)L M:6YE.R!T97AT+6%L:6=N.B!C96YT97([(&9O;G0Z(#AP="!4:6UE6QE/3-$)W=I9'1H.B`R,R4[('9E6QE M/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F'0M86QI9VXZ(&IU6QE/3-$)W!A9&1I M;F'0M86QI9VXZ(&IU6QE/3-$)W!A9&1I;F7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA2P@4&QA M;G0@86YD($5Q=6EP;65N="!;06)S=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&5X=#X\6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)W9E'0M9&5C;W)A M=&EO;CH@=6YD97)L:6YE)SY02!A;F0@17%U:7!M96YT/"]T9#X- M"B`@("`\=&0@6QE/3-$)W9E6QE/3-$)W!A9&1I;F'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL M93TS1"=F;VYT+7-I>F4Z(#$P<'0G/B0\+V9O;G0^/&9O;G0@6QE/3-$ M)V9O;G0M6QE/3-$)W!A9&1I;F'1U'0M86QI9VXZ(')I9VAT.R!F;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE'0M86QI9VXZ(')I9VAT.R!F;VYT.B`X M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)W9E'0M86QI9VXZ(')I9VAT.R!F M;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)W!A9&1I;F'0M86QI9VXZ(')I9VAT)SXF M(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#L@)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q M-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[ M)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q M-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[ M)B,Q-C`[)B,Q-C`[-S8U+#$X.3PO=&0^/"]T'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF(S$V,#LF M(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V M,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#LF(S$V,#L@ M)B,Q-C`[*#0V-2PW-#(I/"]T9#X\+W1R/@T*/'1R('-T>6QE/3-$)W9E3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE/3-$)W9E6QE/3-$)W=I9'1H.B`R,R4[('!A M9&1I;F6QE/3-$)W9E6QE M/3-$)V9O;G0M6QE/3-$)W!A9&1I;F'0M86QI9VXZ(&-E;G1E6QE/3-$)W!A9&1I;F6QE M/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)V9O;G0Z(#$Q<'0@0V%L:6)R M:2P@2&5L=F5T:6-A+"!386YS+5-E'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6QE/3-$)W1E>'0M=6YD97)L:6YE+7-T>6QE.B!D;W5B M;&4G/CQU/@T*)"`S-C`L-#
3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y M839?861C,E]D83'0O:'1M M;#L@8VAA6%B;&4\+W1D/@T*("`@("`@ M("`\=&0@8VQA6QE/3-$)W=I9'1H.B`Q M,#`E.R!B;W)D97(M8V]L;&%P6QE/3-$)W9E M6%B;&4@+2!R96QA=&5D('!A6QE/3-$)V9O;G0Z(#AP="!4:6UE6QE M/3-$)V)O'0@,2XU<'0@9&]U8FQE.R!F M;VYT.B`X<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'1U M7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@ M/'1R(&-L87-S/3-$3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%\T,C$U861B-E\U,S0S7S0Y839?861C,E]D83'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R6%B;&4@+2!R96QA=&5D('!A7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI M(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS M1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A7!E.B!T97AT+VAT;6P[(&-H M87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U% M5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O M:'1M;#L@8VAA7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC XML 16 R29.htm IDEA: XBRL DOCUMENT v2.4.0.6

8. NOTE PAYABLE (Details) (USD $)

Jul. 31, 2012

Note Payable Details

Notes payable - related party $ 50,000

Notes payable - others 110,500

Total $ 160,500

X

- Details

Name: MIHI_NotePayableDetailsAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 13, 16

-Article 9

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.16)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.16)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 20, 22

-Article 5

+ Details

Name: us-gaap_NotesPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The amount for notes payable (written promise to pay), due to related parties.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 2

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.17)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k)(1))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 17

-Article 7

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Subparagraph 1

-Article 4

+ Details

Name: us-gaap_NotesPayableRelatedPartiesCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Including the current and noncurrent portions, the carrying value of notes payable which were initially due after one year or beyond the normal operating cycle, if longer, and which are not otherwise defined in the taxonomy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.16)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.16(a))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 20, 22

-Article 5

+ Details

Name: us-gaap_OtherNotesPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 17 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6

7. CUSTOMER DEPOSIT (Details) (USD $)

Jul. 31, 2012

Customer Deposit Details

Deposit for commercial boats $ 339,970

Deposit for recreational boats 20,500

Total $ 360,470

X

- Details

Name: MIHI_CustomerDepositDetailsAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_DepositForCommercialBoats

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_DepositForRecreationalBoats

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Refundable consideration, usually cash, held by the entity pending satisfactory completion of the entity's obligations or pending the closing of a contract.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15a)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_CustomerAdvancesAndDeposits

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 18 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6

9. SHAREHOLDERS' LOANS (Details) (USD $)

Jul. 31, 2012

Shareholders Loans Details

Daniel Medina, President & Director $ 533,283

Madhava Rao Mankal, Chief Financial Officer & Director 495,275

Total $ 1,028,558

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_LoanFromChiefFinancialOfficerDirector

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_LoanFromPresident

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: MIHI_ShareholdersLoansDetailsAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_Total

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 19 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6

5. SHORT-TERM DEBT (Details Narrative) (USD $)
3 Months Ended

Jul. 31, 2012

Short-Term Debt Details Narrative

Line of Credit $ 100,000

Line of Credit Interest Rate 8.75%

Outstanding Balance on Line of Credit $ 94,886

X

- Details

Name: MIHI_SummaryOfAccountingPoliciesDetailsAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.16)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.16)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 20, 22

-Article 5

+ Details

Name: us-gaap_LineOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount borrowed under the credit facility as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 22

-Article 5

+ Details

Name: us-gaap_LineOfCreditFacilityAmountOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The effective interest rate during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(b),22(b))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 22

-Article 5

+ Details

Name: us-gaap_LineOfCreditFacilityInterestRateDuringPeriod

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

XML 20 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6

2. SUMMARY OF ACCOUNTING POLICIES
3 Months Ended

Jul. 31, 2012

Accounting Policies [Abstract]

2. SUMMARY OF ACCOUNTING POLICIES

Basis of Presentation and Consolidation

The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and include the assets, liabilities, revenues, and expenses of our three wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc. All intercompany balances and transactions have been eliminated in consolidation.

.

Use of Estimates

The preparation of our consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions are used for, but are not limited to;

1) Revenue recognition;

2) Allowance for doubtful accounts;

3) Inventory costs;

4) Asset impairments;

5) Depreciable lives of assets;

6) Income tax reserves and valuation allowances;

7) Fair value of stock options;

8) Allocation of direct and indirect cost of sales;

9) Contingent liabilities; and

10) Warranty liabilities.

Future events and their effects cannot be predicted with certainty; accordingly, our accounting estimates require exercise of judgment. We base our estimates on historical experience, available market information, appropriate valuation methodologies, and on various other assumptions that we believe to be reasonable. We evaluate and update our assumptions and estimates on an ongoing basis and may employ outside experts to assist in our evaluation, when necessary. Actual results could differ materially from these estimates.

Revenue Recognition

Revenue Recognition is recognized when earned. The Company's revenue recognition policies are in compliance with ASC 650 “Revenue Recognition.” Sales revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are satisfied, are recorded as unearned revenue.

Cash and Cash Equivalents

The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. The Company maintains its cash in bank deposit accounts that may exceed federally insured limits. The Company has not experienced any losses in such accounts.

Accounts receivable

The Company reviews accounts receivable periodically for collectability and establishes an allowance for doubtful accounts and records bad debt expense when deemed necessary. At July 31, 2012 and April 30, 2012, the Company had $237,718 in its allowance for doubtful accounts.

Inventory

We carry our inventories at the lower of their cost or market value. Cost is determined using first-in, first-out (“FIFO”) method. Market is determined based on net realizable value. We also provide due consideration to obsolescence, excess quantities, and other factors in evaluating net realizable value.

Fixed Assets

Capital assets are stated at cost. Equipment consisting of molds is stated at cost. Depreciation of fixed assets is provided using the straight-line method over the estimated useful lives (3-7 years) of the assets. Expenditures for maintenance and repairs are charged to expense as incurred.

Long Lived Assets

The Company adopted codification ASC 350 "Accounting for the Impairment or Disposal of Long-Lived Assets", The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced.

Comprehensive Loss

Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain statements, however, require entities to report specific changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of comprehensive income.

Issuance of Shares for Service

The Company accounts for employee and non-employee stock awards, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable.

Fair Value Of Financial Instruments

Disclosures about fair value of financial instruments, requires that the Company disclose estimated fair values of financial instruments. The carrying amounts reported in the statements of financial position for current assets and current liabilities qualifying, as financial instruments are a reasonable estimate of fair value.

Foreign Currency Translation And Hedging

The Company is exposed to foreign currency fluctuations due to international trade. The management does not intend to enter into forward exchange contracts or any derivative financial investments for trading purposes. The management does not currently hedge foreign currency exposure.

Basic And Diluted Net Loss Per Share

Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

Products and services, geographic areas and major customers

The Company earns revenue from the sale of recreational and commercial boats. The Company’s products were sold domestically and internationally. The Company does not separate sales activities into different operating segments.

Recently issued accounting pronouncements

There were accounting standards and interpretations issued during the three months ended July 31, 2012, none of which are expected to have a material impact on the Company’s financial position, operations or cash flows.

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18861-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18743-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18854-107790

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18726-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 22

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_SignificantAccountingPoliciesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 21 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)

Jul. 31, 2012

Apr. 30, 2011

ASSETS

Cash $ 31,569 $ 0

Receivables 237,718 237,718

Reserve (237,718) (237,718)

Total receivables

Inventory 99,640 224,566

Total current assets 131,209 224,566

Property & Equipment 765,189 753,332

Accumulated depreciation (465,742) (441,206)

Total Property & Equipment 299,447 312,126

Other Assets:

Prepaid Expenses and deposits 9,468 9,468

TOTAL ASSETS 440,124 546,160

LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Accounts payable 621,686 684,678

Accrued liabilities 116,326 458,947

Short term debt 125,265 132,614

Bank overdraft 192

Customer Deposit 360,470 428,891

Stock committed to be issued 500

Notes payable 110,500 90,500

Related party payable 50,000 57,500

Related Parties - short-term 1,028,558 683,041

Total current liabilities 2,413,305 2,536,363

Total Liabilities 2,413,305 2,536,363

Stockholders' equity (deficit):

Series A preferred stock, $0.01 par value, 50 shares authorized, 30 shares issued and outstanding 360,000 360,000

Series B preferred stock, $0.001 par value, 100 shares authorized, 20 shares issued and outstanding 20,000 20,000

Common stock, $0.0001 par value, 500,000,000 shares authorized, 55,890,117 shares issued and outstanding respectively 5,589 5,589

Additional paid-in capital 4,880,270 4,880,270

Accumulated deficit (7,239,040) (7,256,062)

Total shareholders' equity (deficit) (1,973,181) (1,990,203)

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT) $ 440,124 $ 546,160

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesA

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesB

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_SharesCommitedToBeIssued

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

+ Details

Name: us-gaap_AccountsPayableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

For unclassified balance sheet, amounts due from customers or clients for goods or services that have been delivered or sold in the normal course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.9)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_AccountsReceivableGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.9)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.5)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_AccountsReceivableNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 20

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccruedLiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 14

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.14)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name: us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.30(a)(1))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AdditionalPaidInCapital

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 4

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.10)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_AllowanceForDoubtfulAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 12

-Article 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Concepts (CON)

-Number 6

-Paragraph 25

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 18

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.18)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_Assets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_AssetsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 9

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.9)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6801-107765

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

+ Details

Name: us-gaap_AssetsCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_AssetsNoncurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Carrying value as of the balance sheet date of payments made in excess of existing cash balances, which will be honored by the bank but reflected as a loan to the entity. Overdrafts generally have a very short time frame for correction or repayment and are therefore more similar to short-term bank financing than trade financing.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 470

-SubTopic 10

-Section 45

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=6743817&loc=d3e1243-112600

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Liabilities

-URI http://asc.fasb.org/extlink&oid=6509677

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section A

-Paragraph 7

-Chapter 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_BankOverdrafts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_Cash

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

The current portion of money or property received from customers which is either to be returned upon satisfactory contract completion or applied to customer receivables in accordance with the terms of the contract or the understandings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CustomerDepositsCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amounts due to recorded owners or owners with a beneficial interest of more than 10 percent of the voting interests or officers of the company. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 2

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k)(1))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Subparagraph 1

-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 12

-Subparagraph a(1)

-Article 6

+ Details

Name: us-gaap_DueToOfficersOrStockholdersCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 2

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k)(1))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Subparagraph 1

-Article 4

+ Details

Name: us-gaap_DueToRelatedPartiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 35

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6386567&loc=d3e3927-108312

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6676-107765

+ Details

Name: us-gaap_InventoryNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19-26)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_Liabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.32)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 25

-Article 7

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 32

-Article 5

+ Details

Name: us-gaap_LiabilitiesAndStockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_LiabilitiesAndStockholdersEquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.21)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 21

-Article 5

+ Details

Name: us-gaap_LiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19,20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 20

-Article 5

+ Details

Name: us-gaap_NotesPayableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of amounts paid in advance for expenses which will be charged against earnings in periods after one year or beyond the operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 17

-Article 5

+ Details

Name: us-gaap_PrepaidExpenseNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PropertyPlantAndEquipmentGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 8

-Article 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 12

-Paragraph 5

-Subparagraph b, c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph a

-Article 5

+ Details

Name: us-gaap_PropertyPlantAndEquipmentNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The cumulative amount of the reporting entity's undistributed earnings or deficit.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.31(a)(3))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

+ Details

Name: us-gaap_RetainedEarningsAccumulatedDeficit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.(a),16(a)(1))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 16

-Subparagraph a(1)

-Article 7

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 13

-Subparagraph 2, 3

-Article 9

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Subparagraph a

-Article 5

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.13)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_ShortTermBorrowings

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A3

-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

+ Details

Name: us-gaap_StockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Details

Name: us-gaap_StockholdersEquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 22 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
3 Months Ended

Jul. 31, 2012

Jul. 31, 2011

Cash flows from operating activities:

Net loss $ 17,022 $ (432,130)

Adjustments to reconcile net loss to net cash used in operating activities:

Common stock expenses 500 245,000

Depreciation expenses 24,536 41,854

Write-off of fixed assets

Changes in operating assets and liabilities:

(Increase) decrease in accounts receivable (20,053)

(increase) decrease in other receivable (2,108)

(Increase) decrease in inventory 124,926 35,486

Increase (decrease) in accounts payable (62,992) 117,913

Increase (decrease) in accrued liabilities 3,445 73,205

Increase (decrease) in customer deposits (68,421) (147,695)

(Increase) decrease in prepaid expenses

Total adjustments 21,994 343,602

Net cash (used) received in operating activities 39,016 (88,528)

Cash flows from investing activities:

Purchase of property and equipment (11,857)

Total cash flow used in investing activities (11,857)

Cash flows from financing activities:

Bank overdraft (192)

Proceeds (payment) from note payable 20,000 86,797

Proceeds (payments) from related party notes payables (7,500) (6,401)

Proceeds (payments) from related party notes payables shareholders (549)

Proceeds (payment) from Lines of Credit & Credit Cards (7,349) (4,505)

Proceeds from stock subscription

Total cash flow provided (used) by financing activities 4,410 75,891

Net increase (decrease) in cash and cash equivalents 31,569 (12,637)

Cash and cash equivalents - beginning of period 0

Cash and cash equivalents - end of period 31,569 4,716

Supplemental disclosure of cash flow information:

Interest Paid 15,570 17,012

Taxes paid

Supplemental schedule of noncash investing and financing activities

Stock issued for services $ 30,513 $ 245,000

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_CommonStockExpenses

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_ProceedsFromStockSubscription

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_StockIssuedForServices

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: MIHI_SupplementalScheduleOfNoncashInvestingAndFinancingActivities

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The sum of adjustments which are added to or deducted from net income or loss, including the portion attributable to noncontrolling interest, to reflect cash provided by or used in operating activities, in accordance with the indirect cash flow method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 7

-Footnote 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_Cash

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_Depreciation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Loss recognized as a result of the initial and subsequent write-down of a long-lived asset's carrying amount to fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 27, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (f)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 27

-Subparagraph f

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_IncomeTaxesPaid

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccruedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the period in the amount of customer money held in customer accounts, including security deposits, collateral for a current or future transactions, initial payment of the cost of acquisition or for the right to enter into a contract or agreement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInCustomerDeposits

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInInventories

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_IncreaseDecreaseInOperatingCapitalAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in other amounts due to the reporting entity, which are not otherwise defined in the taxonomy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInOtherReceivables

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of cash paid for interest during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

+ Details

Name: us-gaap_InterestPaid

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The net cash inflow or outflow from financing activity for the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash inflow or outflow from investing activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3574-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3536-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3521-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3213-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 17

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PaymentsToAcquirePropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash inflow from a borrowing supported by a written promise to pay an obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 19

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3255-108585

+ Details

Name: us-gaap_ProceedsFromNotesPayable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The net cash inflow or outflow from the excess drawing from an existing cash balance, which will be honored by the bank but reflected as a loan to the drawer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 9

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3098-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Technical Practice Aid (TPA)

-Number 1300

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3095-108585

+ Details

Name: us-gaap_ProceedsFromRepaymentsOfBankOverdrafts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The net cash inflow or outflow from the proceeds and repayments made on the long-term borrowing from related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and such forth. Alternate caption: Proceeds from (Payments for) Advances from Affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A1, A4, A5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 5

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4K

-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591552-111686

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (a),(c)

-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4J

-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591551-111686

+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 15

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3291-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 20

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_RepaymentsOfRelatedPartyDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow for a borrowing having initial term of repayment within one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 18

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 15

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3291-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 20

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_RepaymentsOfShortTermDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_SupplementalCashFlowInformationAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 23 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6

5. SHORT-TERM DEBT (Tables)
3 Months Ended

Jul. 31, 2012

Debt Disclosure [Abstract]

Short Debt

Financial Institutions

Citi bank $ 94,886

Wells Fargo bank 8,000

Credit Cards 22,379

Total Short Term debt $ 125,265

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_ScheduleOfShortTermDebtTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 24 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6

8. NOTE PAYABLE (Tables)
3 Months Ended

Jul. 31, 2012

Debt Disclosure [Abstract]

Notes Payable

Notes payable - related party
$ 50,000

Notes payable - others 110,500

Total $ 160,500

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_NotesPayableTableTextBlock

Namespace Prefix: MIHI_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 25 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "
"+ text.join( "

\n" ) +"
"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "
" + text[p] + "
\n"; } } }else{ formatted = '
' + raw + '
'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+'
'+formatted+'
'+ "\n"+'
'+ "\n"+'
'+raw+'
'+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 26 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6

1. BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
3 Months Ended

Jul. 31, 2012

Accounting Policies [Abstract]

1. BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

Medina International Holdings, Inc. ("Company," "Medina," "we," "us," "our") was incorporated in 1998 as Colorado Community Broadcasting, Inc. The Company intended to purchase low power television licenses or stations and planned to broadcast local programming mixed with appropriate national programming. The Company changed the name of the business in 2005 to Medina International Holdings, Inc.

The Company, under its two wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc., plans to manufacture and sell recreational and commercial boats. The Company formed Medina Marine, Inc., as a wholly owned subsidiary of the Company, on May 22, 2006 to manufacture and sell fire rescue, rescue and recreational boats.

The Company signed an agreement to acquire Modena Sports Design, LLC, as a wholly owned subsidiary of the Company on June 18, 2008. Modena Sports Design, LLC was formed in the State of California in 2003 to produce fire rescue, rescue and recreational boats. Modena Sports Design, LLC reorganized as a California corporation on January 7, 2010 changed its name to Harbor Guard Boats, Inc.

Presentation of Interim Information

In the opinion of the management of the Company, the accompanying unaudited financial statements include all normal adjustments considered necessary to present fairly the financial position and operating results of the Company for the periods presented. The financial statements and notes are presented as permitted by Form 10-Q, and do not contain certain information included in the Company's Annual Report on Form 10-K for the fiscal year ended April 30, 2012. It is management's opinion that when the interim financial statements are read in conjunction with the April 30, 2012 Annual Report on Form 10-K, the disclosures are adequate to make the information presented not misleading. Interim results are not necessarily indicative of results for a full year or any future period. The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and include the assets, liabilities, revenues, and expenses of subsidiaries, Medina Marine, Inc., Harbor Guard Boats, Inc. All intercompany balances and transactions have been eliminated in consolidation.

Going Concern

Recoverability of a major portion of the recorded asset amounts shown in the accompanying balance sheet is dependent upon continued operations of the Company, which in turn is dependent upon the Company's ability to raise additional capital, obtain financing and to succeed in its future operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States, which contemplates continuation of the Company as a going concern. On July 31, 2012, the Company's current liabilities exceeded its current assets by $2,282,159. Also, the Company's operations generated $642,755 revenue during the current period ended and the Company's accumulated deficit is $7,239,085.

Management has taken various steps to revise its operating and financial requirements, which we believe are sufficient to provide the Company with the ability to continue on in the subsequent year. Management devoted considerable effort during the period ended July 31, 2012 towards management of liabilities and improving our operations. Management believes that the above actions will allow the Company to continue its operations through the next fiscal year.

The future success of the Company is likely dependent on its ability to attain additional capital to develop its proposed products and ultimately, upon its ability to attain future profitable operations. There can be no assurance that the Company will be successful in obtaining such financing, or that it will obtain positive cash flow.

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the business description and basis of presentation concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).

+ References

No definition available.

+ Details

Name: us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 27 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)

Jul. 31, 2012

Apr. 30, 2011

Statement of Financial Position [Abstract]

Preferred Stock Series A shares Authorized 50 50

Preferred Stock Series A shares par value $ 0.01 $ 0.01

Preferred stock Series A, issued shares 30 30

Preferred stock Series A, outstanding shares 30 30

Preferred Stock Series B shares Authorized 100 100

Preferred Stock Series B shares par value $ 0.001 $ 0.001

Preferred stock Series B , issued shares 20 20

Preferred stock Series B , outstanding shares 20 20

Common Stock shares Authorized 500,000,000 500,000,000

Common Stock shares par value $ 0.0001 $ 0.0001

Common Stock shares Issued 55,890,117 55,890,117

Common Stock shares Outstanding 55,890,117 55,890,117

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesASharesAuthorized

Namespace Prefix: MIHI_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesASharesParValue

Namespace Prefix: MIHI_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesBIssuedShares

Namespace Prefix: MIHI_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesBOutstandingShares

Namespace Prefix: MIHI_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesBShareParValue

Namespace Prefix: MIHI_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesBSharesAuthorized

Namespace Prefix: MIHI_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesIssuedShares

Namespace Prefix: MIHI_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PreferredStockSeriesOutstandingShares

Namespace Prefix: MIHI_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Face amount or stated value of common stock per share; generally not indicative of the fair market value per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

The maximum number of common shares permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

+ Details

Name: us-gaap_CommonStockSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Details

Name: us-gaap_StatementOfFinancialPositionAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 28 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6

11. COMMITMENTS AND CONTINGENCIES
3 Months Ended

Jul. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

11. COMMITMENTS AND CONTINGENCIES

Rental Leases

The Company signed a 3 year lease for 11,900 square feet building in the city of Corona, in the state of California, effective April, 2010. The address for this location is 1802 Pomona Rd, Corona, CA 92880. This building is owned by unrelated parties. The lease expires on March 31, 2013, and calls for monthly payments initially of $2,600 per month plus costs, escalating over the term of the lease to $6,000 per month plus costs.

The Company has various license agreements with a related party allowing its technology to be utilized in the manufacture of its boats. The license agreements typical provide for $1,500 royalty payment on every boat manufactured by the company except on boats manufactured where Mr. Albert Mardikian’s patents are not used.

X

- Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9, 10, 11, 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

ZIP 29 0001072588-12-000135-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001072588-12-000135-xbrl.zip M4$L#!!0````(`&)D,D&M,6J"[#,``(H7`@`1`!P`;6EH:2TR,#$R,#B6%"WHEA0=7@+``$$)0X```0Y`0``[%WK<]LXDO]^5?<_\+R[ M<[=5EDU2;^>Q)=M)QC>)[8D].[N?KF`2DK"A""U(^C%__74#)`5*I$12]".Q M,E5C202Z?VCT"TV`?/NW^YEGW%(1,.Z_V[,.S#V#^@YWF3]YM_?;56MT=7)V MMF?\[?U__H['AW=W=P5W[@(O)H6V:UN$_OGR^4Q_UM> M/VLX'![*JTG3E9;(/.'1/L3+-R184$:`:]JO((&K;IAVT!MW#]7%3%.6V[2G MFK*DJ4N7V@74.9CPVT.X`.TMNV5:K;:5-!=T7`BY=PA7DX8LX!W;ZJ\;GVJ1 M=(A"4=AX>`A7TX9!:T+(/&T\)L&-;!A?R$$-5P3W:)#;1U[)Z>1SWX]F^9C< M4!R&#W-Z"(U:T(H*YJ3]-G?*=@`,^',^.GDE!]V7LY_/T@XS"N9!V/3`X3/9 MUNQ#R\1"4/&.`JG>7^G8D#I[-)4S.6-3UDHZ'-P'[EY\&=F^VPO8;.Z!`AXF MI)11.1RL[3XTF/MN[Z/@,X6N"P!#KC[W6PO^:3?JARQ\2']-?V^]-,%9SV+8[@[>'RYT7[`YS^<7],MLJ5A>\7 M`TA9Q%>:%M)WJ(!9(>F:]"A"LEIFI]4VOU\AQ0-X'"'%;LW2W)KU76I5QJU9 M==R:]31N[?M61OLQE7%AL=^A`F8M]O'<6G$B\G\G?#;C_E7(G6]?Z.R&BF<3 MX<(LZ61&M;&GEUP``&\8WYSY\ M#4;W+-A[GS1;&??;PUP6.KS#?'P_>$Z%MKM3D^=2DR?VHSNW\*+F^UE"PB4L M?ZD0U)5BN`+R-!B]"BW`PL'1FN'O8L2Z&+'3FY>B-\\4-'8*\#(5X,5$D>/7 MK0S'NRA2+XKL].;YGQ7J MD#1;*X-=,%D73';J\\+4YYEBRDX/7K0>/$MH^4I#PGSJ?B#"9_XD>%7*D#_X M73!9%TQV"O/L"O-,X6,W\R]LYIL-&)'/U+3_=G6Z,JDS2H)(T/?QELPC:),0 M2RYE62"U`OI74R)H4,@BEI=L5)L'X+LLX..R6]"F5=EBWW/<=TE"+E:5J8(, MEC'F4=68GE*?SYB_B>UFN2SSS2.<7,](H81`+ZEP0%RHP]2 M_[_2"0M"`0I\3F;4B/7S*VY`7;=]],N'T[/SD7%V?OWAZ_GH^NSB?/39^/GB M,_SZZ6H??C\Y>'M8Q&45Q0D,4!#OS'?I_2_TH30,W5T54M/9G7(G0F]P_3`O M/UC+;/VJZ.O=\\A>2IO_H+*`TO1UGU)(36@NQ`%W+,@B"!LE&5[ MSG4%**"VRO;OW(M\2/0>/C*/BJ`FNR4J.>JMY/"5SKD((89AY(O*<_LGNIU- MU%:Y2C0G(.X)%^5-ZFI&/.AGI.0-#,S$?]`A9$CG&8*:Q2RGES.5BAX8*]]]WN8&A:5C\SU6N8)="2/.DS(S?,@R4V#0IPR#$O<&"VH8$P M01P=J]TVNV\/?"MRTE89GV`+1N`68SJV;`E9%4;]`V.];6V+Y2#]R4>PF+ M^>U5IPOYAKD$*9?!=E#*B*?;[]:#1@+# MTLSE?2WE/]&A,I#1-3^F,BEPM]"%MX=K*==F7S#Z^X`=^*2#_XE>X= MC(*0PWKG%")WP,)ME;W=,SM]3<`%Y+=`46:6._9@,+0JHS@F_K>+6RI<0<9A ME7BX2#6%-.R:BMDQ%X+?806DMKW:7;NG!;X0[;7Z==#PF&UT9`+[]E6 M;Y`52`[U^AC*1?I.KS^HC"$(:"7+SHJ_`^TT9534RO,H%:([/:MG;N)Q*>B< M,/?#_9SZ`3WGOK/=C`X[/4V61=2W05$J.-=$P>=4A`^7'O'#D>]B87B.J[)S M6C_='PX[NJ&MX[$MGC*2:5NVI;N@*GC`,J)9)),\B'\"R!*\HPJ?/8H?H/MH MAJOV/^3OA:1K6TVOV^_8&4MM!,]3CK.4<^Y8MME[_'$6-OPD>%#;M_5[76LP M+*%ADLOVF,I(M-]MM]MV74S*#H)*NRJS.^=?R2H/Z5.I3=8ERO-LY->7EI^C475R//XW?X MR)>/7)SRZ"8<1]XJS]I!JMWO6WH*5(I;UIS@Q)E25?9D1F/=)VSFGEIM MYM4,NC+R`G3=GMFSMT&GWTY1V[%JR\H:]MO60"O9KM*NQ[V4+*SAT+3-=O/< M"T+;TW+/>2Y">6_2():"9S0\"Y:-9[_+1-7'DM$+Q+7QE&.)6"6. M\52*94U+[&5"6[=?O5HH:UI>]4`M1?_-H+3[."/?;2ZZ+M^WV,2G"5QU[G64 MQ56\FE$WS"^)J);%7Q;LKC(/\&A'679-P,L5VQ/!4WL+5*=RHBO`U5ZW]M*Y M;`UI55R/#DG;3/?8HEIAU0RX9H16""YG':H:5-DZLW&[XP8N6X`I+9[FP&S> M#=J8>-;L!:T*JTE!Y<#:Y-=&43CE@OVQK4JM+8\MLVH&7'G)U0*72/EWRB93 M6+Z/;JD@$WH>8=9R,3YE7A0F_JYHCM=L@*XQWQ61/,)`\A[\NWD@EFT.VG;[ ML0>RTN^8!,QY^OG(Q]'X(!YW+LH-(DGE+ZF0'>(9K"[S]?F9EMT6<-P"V'HY MK@'64IGCELAJ*FEM@96:QYI*5U]8N:@N!1^S\//RW<&R\EG>A-`W[>PVB)AX M-;8;);"\A.VT;:MMEF%\$4ZI..<^[L\@>/[G$ZR7`VQ)&Y%`R^IV]:K#.G[; M8JLLIJXZ$%0'FWS+#0W">)-;(\J2E=02AQH`JLIC21P;`.B".O,=/J/;R6+3 M7>-*_$H,?1._BRRSIEQ"V^[JN\%SN-0$4EG[VP-H.*@$Y8IZ'C08^>X7(KY1 M;-R@`70LNZVE.L7,MH-555!VSQH.ZL#Z1'V0J(?;!=T9\^61:'PM5I,^P^QF MCL5L8-D`PJK2Z_3[]G`+A+B31H6O9@+RL&UK-Z8T\A4Y5Y4#Z'9;=^]K.)_P M(+P8?^+<#:ZX5R^S7=G*V^[HVY"76-1`4'G\J`=V:01?Z2WUHV9RD%['[G>U M@S`)[2H\JPZW;9J][#WZ+,_B'2XR-VVR$+ZVU)QEUP"ZJG7P1M$U5@BWUVY" MJE1VW@BJ=$VI25#-%L/7(ZM>#2\'KR'!U8#7:!W36K_CK7(ALQ2ZTK*KB:ZP M7MQ8\3?^MZ8TW1BJ"E7?AE"!R\-#[[B%2[J^I&;12#S0BR(E>#8$LW)@J`E3 MZJK6/DXL&\DD%J?`MU[DV ML]T,5<[8HL.C*4\MQI4E9)F#=0):YKD997)8;/GY0;7+RG9G:/?68=0X;@VO M>FVMVQDTAV[IB'PC`NS9PZ%=Q@ABIHV@K%PTL/I#JY2I5D&Y].2%1JJZG4YW M`\PEKDTAK2K2?MLV&X>Z_)B69C1TT+&M=4B7N3:#L[*M6YU^;[A6I-6!9A^A M\&2Q9#/;!C*,D?LOD`>F,0$^Q`J8.$R>WUW<=[CF>++O4G!\=JI[_/`;)$<0 M=9(;%",G9+>-V:YM#8?ZLT$:A/?40Z]RT>Z;]-&,'*D\XJ>VAJ1\4+<^\ M6=B5G"&@!C/X\CY=P3KC7*/S:A[7P469_I35THS;Q9V`]ZI0.*8 MKP7-JVEK27#EN3>+NP'!`6>'4C=`BE\AC*AYA"5M\2/4:@MMF-U44X)O];EPRF]:<1G91^IN8[;MLBJ M"JS7T6N?59`5J?5CR*_5[0PWF^%C(F[`%'66Z2,*&].PMBZA0E9;8:I<1NV: MW0J8XCL_BSE2=S*BF\`1;+Y%6;EH8NHQ?+S`_Y'Y!++@I@-_IV.9&\-^#N]F M45M#QN[03*'?S"ANR4>ZJ!Z[/ORLK21Y<#J\W/*LF\:>O7Z@MW3 MM\5M@SW9THF'AQ]QRRJ2K\JZ^GZBW,VJ^:QQ\7I-[C'5J#WP$M6435RV\%+J MJ=+H"M4^CX]<7%%QRYR&ELMF%^NL:[C4!++5#<[U2-(-F9O/*&Y\F$;I\S?K M3@>6/"SY(H!4>(S&FC.F34KEI8"I\,",-=N-'ELRC8/)%/D>X>Q+AGX3S#<_ MD*9$QE>=:X5'O#P9_X)GICP*_TI/('D4!#6>Z5%%%X^C`*@'P2E-5QR0;N%A M,;!*D'X`Z9;<=7(-6(\]F(2RUO+^)R]\,S>"\,&C[_9F1$R8?V28\_"-,08* M1\9@'AK7;`:1])S>&5_YC/C[ZH=]`V=ZO/?3)'R#5`[G\M.?K';\/YUR26)O MC!3"&P/QMXC')O`5[P&P\8-D]H6ZD,T;,KWRB9IXXV?NX6Y)(`1B/##^YR-]-,=S?LU"O)^Y9%(/__5N".!P6`RQ9P+ M+!C`%\,:#@<&_'["/?C1Y?A.JQFJQX-Q+#AQ'2)+HOL2G1S"]90F+[X"`B'U M83ECA-R81\*98B+O\3MCSN^H`$EY]);ANRT-#](1N;.+"Y"]E$Y@$-\UYA[Q M?47A)F$()!R0W5SPB2"S&9YVGK%[ZDH0=RR<&F0.%^>"X0O84EEK[;,P`9<_ M01Y3;#VC!A_+SS>Q_J(@<*<+@B@QBT^J56K^K)[YM,JLB6\?W(4+LXDW@<,[ M;MQ-N><]&/P.IRV(;@+F,H*^52G)ST38:0"[1X(O!7\$8S*AP&7V^0?&:N)80Q%S-: MP`QTG10,X2'1BW3@H+A?R(-AV_NH'[U"C&,&W\#?.1'P47\E$&R0P:\`OS(% M,@*X"H(FOD$F@LHWVZ(HB;IM)7%\X2Z%N;K"5^L%!@04Z+)O?/Y\4FG&<,+^ M-_*I80WDC`T.C$+"TAW&FL)\"0(IR>VR2/8$!@67?49B]]"67DYP-W)HWHP; M!;.]!H*@7$R(+S=3DT"IC,XX\=7H07%HH'LXZ#X.SC)3OX:6*?T:`"PRO]>@ M-RY)/(Q1=W@47(4B:H?9"\OEJF&U[D0A]PDCY*'%SX M8N,$9H-@R!12=,.G#D1BU&YI97+:C#%A`JP>N:;D)0ZY.0AAH\VE9YW1$",/ MZ"YY!9AK^5V]>#I(R%-7A8Y*5L)`EFO&<*^[.("?H_CBY@5?>+2?T?H=65X M_49C5`MI+:2/>.5!@22V2S2*>9BHNLR1AV=1-Q(U08$2 M8QQYL3#Q*ZI+)*.[TI8#`RT0#2\Q0@=3Y2/CQB/.MS3498P"U9I[S"6)CN2* M%H"463*@1J&#US,M`[)KJ91S(I02(7_AXDL'U-1,U-EA&#I6OG%#/!2"LE]\ MKW9`'+78F!*8_!L*2D\])E]!'LM$:78\8=!4A4J<\=<2"E;CYB>NWF\,HA2O M-D+BKCY\[))49)EJ$NCV+U!$^0+H1="$I`^,+S$QM`"#R(,H8+532%D3`\LX MB5A3H06ETE6[=([>'!Q--(]OW3(?ZYUQ?$,E7EZ@W$V9,Y7D(^%GB$@LDE`V MOB2C`5\K"`O0^R95*L-1!2I8]]S(B#5.[DXJ:^)@J@[>;$:&Z))B1[G`MQ1/ M)0;-X\6!,4T*P%[U;$#@/@;D!IP2L6KREVL_#\3+QM*7*_DGLC>RA92,P@9'G9M()N`YI#^[X`:#)-*EERH3'_A_MYE7D MW"O!+S?6H?-5V1(Z8#UP@:PPT.,$%P0NHWS02@Q"5AEG[P M0.5K7L"7R6J6KN2`0_MSKV/O][O=)(P:;B2DE4#7A(W*550VJ(PU:_2+UQR` MAY#O.5"A+S#^W-^WV\-]<]!]%>KZ9;&^F<+$AY!N^L8M)!L\`F<=TKDL1`DL M6RJ%Q.I)V4P.!$CR2&33:;I0M2'.=870Z]"@66`57%71N-@9;4+1NVQ;]13M=!%5L%5 MT-;4C(0RS*]F`'@1%(IZ?"[[8+$=3]W&Y:]X>0QK*`8K-."TKU*67/)J`10O MJ>1#?*1J+B4->!">^#+T[M0=8^S&U5#N$7&`?0!1">E/:BZ\HWTE9ND(.BR-S& M#T=IN+R$-0WXGN!5W'Y+%S%2;&@4F>(?*NR)OLQ[KK5,NM;*^H^G1[*V;)&; MQB79TU.6+?*S/STJ/G'9`CE@V(-H1&E\7T()9O6&6''AHN!FV",6-)Y*K9XX M"B?F]%L@2WL?`A63@M=5JD!;5G:5+FY11_,M>GE9GK,*0WM)TMM`6DBDY$L3 M^4I]Q$`]FR?9&81J,AY3)XQ7[U@E00-.EN3C9#4$726&C+5E*\/86N6!$VT9 MA3SU)5><'+CQ+3NY(MKDQ/:3]9&$D(FLRIEX54A^#^;$2;['T.Z8 M&TZ/#,LT_U(Z74APMD(^EUCCKS<\#/D,?DF-/10)GUL*^)]VS7Y+NI:_=EO?UW/C%VTG^&.ST\,?5 MP_9+TL/D>47XRKA@IW<_LMYU7I+>R8?D86TV?O+=3O-^8,WKOB3-2QXPB>KB ML5NJK?5V.OCCZF#O)>F@.J5BA.0>MW=1<1LOOV^)%\45X"0_W"GE#ZR4_9>D ME!\A%$L-E.6I`(^A&5S5@G8Z^./JX.`EZ2`NBQ=;GEPFL$"K[G_$7W"9(O63 M>#O?^"/KY?`EZ>7)HKJOE?3?2-7`/JX.6^9*4\'EB2+4L.,3O;JI8('`+G`.?Y.R=/9;\?*;!XR8D[Z-97\;=L(D"I$13H2S%I M!T-70PH_!G*4V56ZJO(E@XWC0#^('B8+86C2"NL7\3(5]P M\V$##'U[BO7O/77&4*+C79^*>->^2-I7C<3<`F`"HHK_85TKL9OPDT@$+`A? M2JG)R7S$T)NJO#6*EU-V`K"Z++*$SC]?>&?=IE?D]RP@XZ3(]_&P-4@Q58D^ M/B7*>03I1.'F8C*J`B1/^45\*AG&,D:\.%2JJ_@.XJ92&.`T&=$48T0LP/S# M0&18,$A'@4IS$.@E2RA5D]X-?A&P<$:Q.F!2*Z$@'L+"^XLJ0'AJ518?AG`D MZ_Q+>DEU`LTXHQ+K'35H,*Z``"(".*K@C;A",QZ;W-H$H1MP[E$BZ0B@H-JB MS:(L9R`N'4MX"54P:&HRO#SBO=?/UB))UYP/"#W'J8?XP0*AJ]\7Y=G=`U83*>T),?=:7DA%=@T+"Z4BJ M>A5+0&%>4L%1%P"=).:T7[ZKZ:,H=F?NH`)*)%7SIES=@;^'@VGH1]^PY`HS MB4V@6942X0U-%2'>6`0JJ1&>1S'D3)\R<`65(Z`J56@PZFR"[T)NY`TS4GZS MGFD'LM1JPV^;7D?IQPMUZ`>!95)O5$%WF>%UDQ%UOI""7&;UDEY=([['FA+Q MD!9L4JR02B-#!38T"";5`UTIAO![F4[(N5UXM!=G/&A`BABK.H8^EOX,,YW0 MQM=9@&@<04D;S*@LA*@PI2$X4+F^O%2Y!+P;>$?M3J_1:_5U<>`CQ-7K'C`Y M`?4Z][_BT9H@3`O8(=)J'*44KI!@HEBED0G1PL[(1)MKY#P_\;`%,I>WLBX% M/(LE$UAMF*39L03B^!-80W;>]^75Y;6=]\VF'=8IL3%8&A&-2S+U(I&IY%!X MI_\C"55T?$5%*2T*N0+N[,L55Z0.P842#],8;J<16:%T"\7<1`K/7P>>,3)S20HT93743%U20($FZQDU;.KB MB7*#`G+BF=X>2F@BM/BI(F\,.E((![Y,YQXJ]9F$'[*)HF:1J>9J+5M4K+87$(M# M49S\()YR96M05.^C"Z!C7`"=T[=%U9M1H)#GBD:@>*EP]U`?+5T/%_.XM)AZ MJ$9)+[=U,^/!XYH(NMM04DR(-\1!40`L+(A4&1D3$7)M-E4`+"A^4N]T8E[. M%&`425W:%-`^1F5H(\*BF5I+-,ZC"X*L,EI2_!0@#MX]0+8UOH5V9`K)\P@+ M,W!Y<1MTM61:B+\BIZA9'R)H4YQJF3=E#F2T@7T460?"+\4ZJB(,Q/5A*XK\ MSG!ATFM7'$OFNJ:AZ$F>(2ZNG"5 M^=4#U9>65K.D5>!&>RD8?*'/&LX=`EXFK!A,,W[/.5(T\A*"S055*VP.@6B? MD#6'YY1UE!PR)7BN)@+.H!1KKU&NZJ7>\J$V3%5: MP[LEIQ05QO'-,!0E=+F(8EZ8&P=6E$*BLXOA)F""W>-Q9&)ORDQA'`PL=.-Z MP2EHCG#]*M!),EG\A55Y#>6D0M\O6S%`R1R9Z#G6L;ECN*V/,?O$2\4('7YL M)2$N2\HUC4*IN7?3.+*P"9'D;(9/V7!,)62E$^\S4B/AA7%,/+_YMBT6AIW6 M9O"4:P]M+E4+6`?V+%P6:9K3,L)J,!H^Z>JJM42]9+:DCFKO&JX&QV"%4'"1 MT;'^`\L,)?SY!*N"^#`B$:"@**8%>"S,'CAZ`J M8R(`3Q(X!N^$CR`@%#ZO`8<57@]>Y>F@/FJ8)=ZR=X[&RUTB/Z] M,CL6-=Z61#74S6D*V"LP,JK0W/)@6*.F2X?EB$W57"E*W35.TQQB1C&:0:XE M%W\9)8S"N`N0Q?[)$1)Z1H`V"%J]B#1&4K6R3LRK&1K,"]9,HN!<@6^]"UK9 MT7@GPQQ/LX^@(9/?XP;VBU3`>HD(KPC:">1]FF)6SH12DE*E'VE\ M578;4=9$W?PRY35:,S8R^"L)P1KO=BKIHF-NTRE":KL MAC"$BPP>)Q"S(KV!=4^>BUI4V'4GC,&D?LTJF\ZV#!0U*H<+3:!<.?/\Z32< MZ9A`EI!N-E,#ZYC:W]0E))N@*D=_XDLXMA(;'SC=5EU6^#K&=VB(T+'!H8#] MB51(PX(N_!5/!OX)W&^"'6YLJC0\.?80Y3+YK:&P5U@%ALLOCX)4(;]Q)QC2 MQ6DQ\K32P49O%ZOO"KQ0;:IRTG&:UQRP8NT3(F]L@$!MOC2\6X&M>::@[N/6 M^P64).,IFR2[>ATP]AV,67)%BJ+):R*OB#*B-NR$H\+>9V_3`K:1^#V-,<$7 MUCO-5%B#RX&LVSR_'Z0TRXFX%EA6]<#79WKFLBPKI4G9OS/)T*U[LPR<("J#E#5`:K. M`ZI:&,YKB77U,/@[%==C`UIZ0$+O\%0=GJK#4]T1S[H"]345+H>GZO!4:\1[ M#D_5\>$A\*'#4W5\Y_!4'9YJ?3C/X:DZ'MPW#SH\5<>4!\>4#D_5\>"^>=#A MJ3J^/$2^='BJC@?WS8,.3_55!18=GJK#4UT+3[5(+"BG"%03"%2$R`*^/-Q$ M(H>6ZM!2'5JJ0TM="@WAT%)Q"H>6NFNTU.)R??3ZG+]O-6IGNI^+UB&T[DK6 M'$+K,H166UZ6L7]54$S8_G#U48?*ZE!9GQ65M9"39=Q?E9*;!$N'LME-B$4D M46!P/0]7:APNJ^]P6=?'92UD8EU>K\K(GW$N0*V,;E$K9?X[7"EQ M6*T.J]5AM3JLUK6Q6HMSFA8H19,P^:R M515/3#PD4,[KL8'DM!`Y#TX@'8IH95J'(KI+%-%"UM82E*ITO3,@CP=LT#L8 M40(43*+>O>GV3Z[0*S2C/\=$!GA@,-=:"AZX&&VHZ6I9Q= M%0)8;0N5JP2\>>C>48<@ZA!$%S#_IAR]-#>G,(N?R/W/@*OY$LYV,LHK&RPM M?!$*UU-DR+BBQC&F2<$ZOSDPR>*J+'KTWS^-R!R:+\JJ%FUM2FFIFFN(_K[D M&-/>_&DJWGCZ4Z6>*MEPFN)QY%)5MA3%#W#Y__LG_G>UO*S7`WH6EH"IMSU. M.`6R>W**+*G_&HIQ\4=:^P#=F"1Y;S!X*A+,J"CO"R_N9GQ=SBU3]4X;O6*[ ML^`5N2+N8-X2,\"6%'3-<\/S5.P]OGZ;KLU3BN)N_$1=OAMM\4N26)PD1]:A M\H1/WKH_;-::-;[&R;=C&1W#_7P+-O3+<\HF;?Z: MF\QV*2/,PPX\S*=8M?I;KO:2(W4[T7QAR7326B7I2YQ1?&SK6_LY;V3SW\BNNQ>8J# M.]D7I'L[B\AIY4XKW_=;.JW<:>7NGG=:N=/*G5;^NJ75:>6[U,JM%,DU5>&U MRQ==8*%1+N,SL06=2+?/V`(,/%P09!BN6K=78-@L4\MW:/#T?]Y(ZV=*AAA+ M7V,UEI](/ZFT"1(^"G<6A:>/7JG:DFGOA_9%:M'3S98=[O6.-*$/_F@"RY$H MX`B]?V]5O0Y&J+EB6!4[]F'AXCCTCC/HH1V%2()4?T`G8!W&.H M@F>]=J/;;*_]G)YI+>#!'Y&U+CCG+GDYZX9^OE\U>W>?O%:GT>UT:\1`EWD2 M$1"`=?B`.H-_<2RU[T\>G(:=7HVX\7H\QC19C_RIQ++CO3X]X0;K-.O%G`11AP\TX_ES&.[U6H]NKDT;'GM2- M709+B%2N&8+K?Y!1$#\@2WA@L'G4+7@#0_(I;+<1-SW)#?\C?^J==1NM_J!& MPO`>H8W\T2B_RT,JVPXL!+:MI4%WJW@M`K'_3Y9(_GH*7-@[51UPZ\&&-I)B M`^MDGY7U3KK3;-,0U0_+?8\<_D?MP:!Q>OJ845U-:#N<`,T+I-9M$NLK%;'K M!^UG?MCD.A>##R>&6P9A?H32+%H&#_O^4,O-`RO/*IACR;0N#K8,?&(/ MY<+E[@HRRQEOX^YTW6/NMNHP[?X:F4A(_4$?+"'Y(/2RY2QZV_I;8)A$?P1[< M0$6SCZU!_(CQZD6:>=0E`2S0_DFO>_(S$4(=*@FD'JB?^C/N5Q3DJE&2U0G& M=+ODILHP8QC#X`_P;D>@.(*V=U('GEN]TS&<8I(:5JC-4F;_4:O5:+9/3P9M M[J515?>P;9I)`."%Q9;H,[+&961V"!NJP>B\2]24W==M9V!?SYI+?LA,=]1N MM6NQ1TO:CB0"V\XC*ROQ&Y$.1?*(+?.\>Q]6,D_+`I.J!O7"\EM1K=9M-+XID?9L8P12>1N,?R.QS5GHTL3Z1@I%M]?A^) M*3U`!)1_^T#]$#\D)]YY.(2SR?L`]X'\)OW(LJR)EBDLA>Z:Z3,=`:ZV#M_K?1UZG,V@,>LV7I:_4 M#9@/DCD2Z6Y#T]YJU6H&?5@$M)R7I\7LS@QGKT^%/Z_!@^\ M6"[<(68#3?R@E*E%M$1PW)C3)HO)M_8YD=\2F4XBW_O@1]_\L`'G180ZUP<_ MF/CWOO?)C\U7%Y?76AU3,S6T5]&_BW-T_HV]HZY**.-4LJ'P4?>+B(3^SU:* MBTXS.O&N]-_\T2C)X5($Z@),&3MJG>)8&WCS?F^UNC^OO;XG?92%'V)W05^F MPPXWM[33[#+&GY>]QO,;-R"YJFQDO7CQ%H]+[=9K(:"2GQHA#-"0]S6](WS@/0TQ>0H+Q MFYAL9G@43`HPH6#H"_?Y%.R<70.-(=>IZFL([VI\7B< M"DSG]/`@5K;ZU)?D[1_Y4PF7QZZEY[GEYZ6)>`'W_!(G0,E#1=K@#0OMGIIU M.W/4F:/.''7FJ#-'G3GJS-$=F:,J;K#\NE^>_KXLRO\$=>&5A1;F#://$S\1 MQK3``I;7AGRQFQB,'TD1>A\$R(/?\&[`II(!IN<4IM8["=9)%B=SX4:BK-OI M--K]SHL2O=#G,)%B[!6%`@Q:6B$:7H/G4+2A=N%15Z M]A:$GZD[2K:'X>LN\-5UH"WO),9Y7F> M1\$%D`&+)."D%75+Q,6!)7[X!(L!]\Q[X:>"K1]9ER/53D9.X5OR6G;8#1GB M>E!>4*O5&("^BY2D*$KP5X&.U5R&5*ZM',LCX$(4DHLXB5$%47].,U4+CFGI M,%PDX3LQ'L.]+>\%^SE)%IOL306-/D%82:OX>T1)22"11$.KWVQ[-S$((2@. M<);K^2[.O4&[WZ=AX+&"/!#=AXBSD@MF7$AD$15SE>PRDJHB%UWK[<99LTDW"_W0FX8Y'ATIUO&*%(;R4?"XL)H\ MUUB_H!17IB:+O:,SHQ7UY'7GG^2W\H1*D_",&WD-AT;98:AOA6GS]/)O$"8D:<;E*-,7G M?"\"LE(@I%"RP'P=BP19G32=$Z^8'>R@!2%2_XZ5.WSX''UNH3!T7$6C.)FJ MTG4*-0N\[/!:PB$^\\P7,%81PIPCX,N:O_1^U2+8>\N_9^VR^CO]J_[;W^AL MP]/"6B36.4&^.92:209VH`MQ+`G))8HMS;3T(E62P,;FDVDH1,2*[6$5S.SR M`E%:\F.+1(3@0@$_WL=T.9.K$<%2X'P'KLDF?J9'*<6+]0PR\A@_)\OH5E=A M\(6_K8H'',_D+R2C-48*X'*:QE&%\:H[*]."OC0'E06LV"&9OS1$BF@OP"1A MB)>=]29XA\$E=HLR4#S"[*3%ID0W!>,Y3X#FX??X);58T!#)I.$KV4D!\NY. M!!(F!`W)'V=*[\&CECA[F*FKQE`4K+#[X M:/O.VJ0>/4KCX\;V+N.OSS9#59$5]WZ8DY(J,0<*#"&)Q@@A^[!BH<64(9>6 M)T$IIUF@N2XV54I(VBSC.,\0G<&)E_%":<*6),(4E\>\V*\A#]C MF4955;VN(OP^3F:?_(KT^UT==F.'JSZ M[J9%'^SG);?F2_],XG3K6=O=3J]XZ:7#EUZ5@QP&^G[KN;&;F'KAZI"E^;`- ME]V%:]OYX!!7TU5'K"[S^8A@S0+<^TR\E_+\M M+)[=9#W.FJ<]ZP98,465&CM=PHJ"@9:D=A*>_1A'HZ=Q"BQ4TZ)OLTFK)%]C M_I0]Q-;\V^(=7#KPJL7:>M*S\J2+YB.6>A_[$?JVBA2#;1>_TVGW.XI1YT9= M."JQPK+9=_V:9%^TQ5\UW MZ8]D*+.9KJGX!%S+L<\;AFM=TR=9T`;/81ZQ3=_5Q\N?_G/2[-M7["9$K/," M?"%?6SC`3[MY-YJKQ&VFH[S=CNA*=Y/_@,WDOV`'^6T)/.NUN\VV8KAU)RM1 M2/DEBYHF;:T^G75;?7U5+QV]+)-@59P7O=_>6:W?MJ7B^/2LVSO5*[-B@HHR M^UT$I-.A,;'UK3D8G)[VC#9K#SF_]-L+>;O?[?;M=8;!__7[]V$2RC?X3_C/ M_P=02P,$%`````@`8F0R0?SQ=8P-#```X8T``!4`'`!M:6AI+3(P,3(P-S,Q M7V-A;"YX;6Q55`D``[>B6%"WHEA0=7@+``$$)0X```0Y`0``[5U;JK6MZ1OZ>KL%+9)0JUC/(;,=C]U$9!C;6/D1I#+_OJ5L$UL0$). M@Z5L;3^D$UM'?.=\1^?HBC[__K@,M'L088C"\U:_TVMI(/20#\.[\]:-W=;M MH6FV-!R[H>\&*`3GK1"U?O_'7_^BD7^?_]9N:W]\,<,81*X7PWN@M=ODN\\! M#+]_HC]N70PT\HP0?WK$\+RUB./5IV[WX>&A\W#:0=%=]Z37ZW>_7(]M;P&6 M;AN&]%D>:&VE:"UEUNL33]J]T_:I_W.(_9;6\NF%HQ0`&9@KM'_;V9F M]M0E(`2Y<-'QT+)+O^R.D)AQ(2"<*[*8'G05"I20U5UZ.CG2R7;O1DS0_704"T M'HQF>$^,@Z)*QRX4K.?Y%_`1^#K&`G&WI&A-/"U0%+<=$"U'X#:NI*:T=#U( M9B"@[8_$YOC)B=P0TXZ,0+RLDJLIQB0X1DL0C<`*85AI*$;Q>K!,4`RF[I-[ M2ROAXR@I6I??/,?T,7*K:6(*U(0G1M[W@[(56Z*NK+1-G$C.@UP7]GU$Y/F(?7<0L^ M0-X>X(!.=*)HG^P-WG0V<^[BVW1*,\'M.]===:D3=$$0X^TGJ5NT>_W-S.8O MFX^_;;I(>`8\`.]I&YN`;*02N+<@2!__[=J\,AEENQ+1!P%ZH(1*D\Z9$%].>*JVH3?Q@ MN96?1VA9:?6-A='A^NQR0X"TM`<`[Q;Q>:O=ETMF`>MEA#`6=L9-:3&Z3N33 MQ5>WA!_)]*2]J&$2T6ES%BG[922BI;.V#)#KKV2WZC)K[KK'K@+*^4+6S6KDFI](TX<"N^X4_$KBBG2>V8_%% M5-2%E\:JA"2'*1%^=KU/S`;*N2%I-,DR29<0R-@W`AY,#4-^#\!FV4Q?DI$4 M_$_Z.5-+=E^EINHEQ]%#W:%NNRK8:=U;CBOM#DEOQ+DE0U2537XB[S6DG!:^ALI1,H;N+0Q@#$'%(*>LH`+# MYLT4:<4`C5%8!&"?"%_8I37G+P%::'KZ]R#*6SXW1R M?("B"#W`\(Z5R4M+2HZ]8JQP=%2.C]SZ4T5[8986X^6M7%XJ=*V1F^*J$'W^ MMW3Y"J]WF0#?00-@8IP\KXH46@"KN)BYW\EN!GQME6L+=-53+*>7EA0CY;U< M4C@Z*L?'*`$.VMEF6)G.>0)B['R0RTZUQFJ29,WGT`,1MJ+=W7T"9%4(BI'V M40'2A"R@''D#-_QNW8/(C]PYG^QF.11+V?S,>+!5M1]=-^'5&,WF+K0-\.ANX+Q\]&J_&B7 M55KR6%>,E`I=E>-F1G=^A<`WW"BD0\"]B7F2+"`K,8H(2AX'BS$F;H'FAUY3 M\B4@V<)/H=L@(NE#9T_]EI65/,85LSE73SEF'AQ@YH'TL>W+S3Q0-A3M=)GH M:431/D>UF#ISV%R]]F8E*HX?J4E;-4/2L_A+R"C1D,_"YVY>M3'Y^^C;D,L/ MLF=[DD\/V9.\5]=O1]I477'`/=/D+4\3VR'_71L3HH5UH5E38Z8[)BF@R#[K M=/_+-$)S9D]KKX34KN(]"!-F*W_^6G*\+;'H?G]O7PWE`NH0X=B:7R+D8YN$ M)N:@-5=*O^=@@('7>$>#7;O0=4$WY MA/$$),\?"')5K;)Z-)G+E0NC['@W&H`1Q"N$@6_-!T_7(%X@WR+=OH4$IVBC^0%X:6ZH6! M=8>1$_=W"\@_GY+#NFMR7F!7<9-[A38B#J?HA)7@FP"SJ9YW^:F>G;J>O\`: MFFN[U?VJK2O>PAKI]I5V,K7^I,H>E^_].\/J-5'1C MD(="#Z;'"Y^;EX.H[L2/[R$QX^#IAO2.S#!KASI]+2UO#KG>1]2YF+2S#+^) MX"P=2DO*/@+4`'6,30IYZZC7W?A?&A0U=^"J88]I?C0ENU/K1<#%8`36_YNA M\(M)Q$1EG_QJVC\.L)]Z?>@B^M27GZ$SPX>`H.3IDN,SS[+=:^!]^V8)=I^G M0D;R%I3CLUUBL==`=/Y`CS#;14')AS>.3SG+=J\@J^^?;3Z$]H*HY%,K4IAGV$\Y\G=? M5,,@>;^(\-3.*V6SS"#*L4;4_;F9QT,J^/_BC)!C'LY)[KT^^<40%==L?D[) M1MKN*VF;=)R'?Z9MEE8@LVVZ3QLF=>]'`B-PZ'OB#JE`S;;-X72O;1]L*?4& M!@P+7,#0)8WXY5Y=6H'4_>"K#5O6?/>:I=W+GPI[Q'DB:GHNA[?];>75UE#/ M5XFR'@`^OB"6V'WI!KL/P2BN9K(5Y*[*"LHESEUGR][C)-CN'M3;CG9A?C%&FF[;AM,HR>57[&;0^GEH[PBO5];, M:3O&[%H;&0.G0725E^UF.$_R.-]WM)DQ3C>[3O69\U5S9OK$UH?I4>TF=^HR MKN+-D)[FD7[H:,,;V[&NC1FQY]2RS29-6G9%;X;M;1[;QXXVL1R#F/"K/A@; MC3HBZ\+>#-V[/+HSZHOZS+BRQB-C9O^JC2V]47(YKW?(4+XO!/H>@>E8PW]F M,(T_;DRGR6@C5%9G[L%_).97[4WFQK:_)@`>N&X"WPDT)NVDV8VINU M6),(V;<&9Q@+22J7/X\!DWN3<(:TD*:*Z?088/GW"V=H15+5,>"RKQ[.H%9E MKF/`9%Y)G*$L9+#]QK21.U)K8J(L9+!"<81<89V6X MM:R>C0:;:1'ZX];%@'SR7U!+`P04````"`!B9#)!2$IDR/8'``#500``%0`< M`&UI:&DM,C`Q,C`W,S%?9&5F+GAM;%54"0`#MZ)84+>B6%!U>`L``00E#@`` M!#D!``#=G%]SHS80P-\[T^^@N@^]SA1CY\]=D[FT@VW2,+6-:TA[]^2108XU M!2F'\"7Y]I6(46R#`.?`SO0>$L?L2K_=%;MBT=S'WQ_#`'Q%$<.47+6Z[4X+ M(.)1'Y.[J]:MHQE.W[):@,60^#"@!%VU"&W]_MOWWP'^[^,/F@;^^F21&$70 MB_%7!#2-7_L88/+OI?@QAPP!/@=AEX\,7[66<7Q_J>L/#P_MA],VC>[TDTZG MJW\:#1UOB4*H82+F\E`KU1*CY.EU+RXN].1J*IJ1?)Q'03K'J9[BR)'Y53^6 M"IO"Y_KSQ4U17##T!C3#ERRQ9$@]&"=>+24"2@GQEY:*:>(KK7NBG7;;C\QO MI4%(G!W1`$W1`HC?MU-+SAHB'DN(EVV/AKJXJ`^HMPH1B0WBFR3&\9-%%C0* M$UAN0#+:,D*+JU:(EYA/VCWI?'B>\L(_DK*/B6,!MB' M,?)[,!#>=98(Q:P,L52Q8;X)C+B#EBC&'@Q>#9L[2OWD3LQ_BH`R>V'?\YM8 M!'(O%Q>/T"RQL^1>6M+`Y_G+_++BR_&UY.J1FK6@#]GR.J`/KW9Y9H!Z>'LK MA@EBK`<9YK-,(L3X?$EL^:WOX#N"%WQE\D3@>73%,P&YFW`\#Z-22VH8NAX; MG548PNC)7NQO0P75>A@M\I4[AT:E"SLC6,_\U_@1^09C%?)NCFA-<5K2*-9< M%(4#-(]+0Y,K70_)%`7B_N.Y.7YR(TB8V/-4R)=E>C7EF!6+:8BB`;JG#)#\N8QF@"G^!<#%+,D2-:U[IYR>E#"LO#I%2HB2>FWK][52NU1EU5*0QQ MG%02GGIYB1&)C&__*V3`"JIU9>DY0U]6?")39+@*J3E?OO&:44/M:+B&N.(> M*^53B-=>3ZK1*!6:J"W5D(IT&LGDU;`*E6K/ZM68E`HUK^P!BB$.JB_M'?G: MUW9%'K5&$ZN[(E2A4B/KNR)8L5;M*[PBE5JCH5U,Y3`6ZS6XPL8P$FV`KZ5; MOVK:1:0P\E+8/.'-Z14]MK35)YIKYPG5D@\1>:LYTGS,-S@L:6VM)]KTAAP% MDUCGHOI:1L\=H'EN.9GFTQ#B/:&SV@<@3F;20A3.4;0G[K9J\ZPP"/8C3!2: MYR(T-O9%2W4.NB;1`JZ"^-6+,E7?9N9?8X+%P_20_[G%C1YC1'SDI^1BP&_L MBO.OQ1B=3J<+-)!J;'Z$Q`?/ZF!+ORGJ\F:W1#[AG+)SR#_W[;%C#ZV!X9H# MT#.&QKAO`N?&-%T'O+LE<.5C/NC/1V#/[WU+0T[W,61KK`,94](2EX:<%1GB MN/S7R!QS(^QK8$_,J>%:7.#PL:G8)Y=FG>^:M3'6RP4&Z`)L#O<3>!YPR\"U M>:F!`?6VK`K$.S8:Y2:G)*DL()LGF67%M#L([W6Q_]!1$+/TFV1'HG6ZZY=J M/ZZ_GDE0[DID\8\R@`&S:R;JP\0?T-<+N;'345\UIHE_=E(1E12K[. MR14+WW,AN/0HB?G2,X-D-EY,T)WXD&(M(AH6>W+M-:IFW_0K1V@!&O'E=-7J M=EXH`LJ0?]6*HU6.L<<(SO-2[]/PGI*DA_:(2]=7ODZMH6$J M,C4;M9/.40.T`SM8;X5S`Z.0K34@V5UY830*?4U+T?^O09EUC;A%U$4B7T9G]Y!$4;,*/1M@48#=T:-;BX#5WK\`"[O[>WRM<8L M+YN^:9=O@BM+Q&M=7D^:,7P_\1X,)A#[%NG#>QS#H#!&A3JSO+SY9J)4CJXL M!\>-TU3T>`GR31@13.Y888#RA6=G;SDR!?FB/+.RZ9,WU8#3HT[_"M1#O;1?NU#<:V M:W('?C9Z0[/)1:@ZB2OASG?A+L0Z-*;FC3T(%J6^/1I;[7'!%\>'%6"1M<]QTJ5$< MY)6TF?K230I,S^$^Y;3`%#G\.,50612[F6I36A3!NW2T!K9`I6_(3S:TLV>:Y;H%9ZI M)#:0XZP-6+=RQ`_QGP3P;_X#4$L#!!0````(`&)D,D$5KQC,4"<``#L>`@`5 M`!P`;6EH:2TR,#$R,#&UL550)``.WHEA0MZ)84'5X"P`!!"4. M```$.0$``-5=^W/CMK7^_<[<_P'=WFEV9^Q])'WEU8YDRQM-;4F5M$DSF4Z& M%B$;78I42,IK]Z^_`/@023PI2\#9SC1QI.]`'XB/!P?``?#=WQ\W$7K`:4:2 M^/L7[UZ_?8%PO$I"$M]]_^+#XGRPN!B/7Z`L#^(PB)(8?_\B3E[\_6__^S^( M_N^[WYV?HW_^:QSG.`U6.7G`Z/RIVD=V^^?/OVW9M_W5PO5O=X$YR3F/W6"K^HK%@I,KMW M7W_]]1O^;045D(^W:53]QE=O*CIUR?1;HL$WF&3DFXS3NTY60(UX-;_)G[;T\6=DLXT8*?[9 M?8K7F<]@0?]L3W M=NZ?-'7*^+`GW;!LTX[8A]?TKQ9Q_)CC.,1A19V5I7%P_*>XWRW+KDM/5JUR M(^8LDU3Z1'B1ZR"[Y>7NLO.[(-C2\M]]^09'>59])$GJX\W>'.+ZQ_A-?S^A0;WILN:60S2BGJ0K@SU+Q%O5@GM'+;Y>50\ MZ<)\G28;[<^7#RC1@'Z-;NORBB=)?U)!O`5+<9;LTA7NU9!-]J:G5S+;1!3) M`@0'J>?N74CLWXQ_&O\[H MESA-<(U69'\1!W<94)_B89:@S@7VJ4?=]-D;>-=67:5=>E2FBMJ@P1@WK M8[JJ#*]>WR4/;T),"B]%_^@Z)_K1KP6+.;XCC'F<3X(-[M1:#7,A*1-)IB`5 MQKM@#,2$,5OKFD M,9"F+AV,0,O#J'(ECY"4?1/^+D4[S`09;08?4XRW;"K(<%WFTX M::#=#BL58!`BLF'85=(XJP:F`6*6YQ^9*:IL46'\=W^B^C&)=G$>I$]7),)I M=TU1@W,K(@7-MG@Z($"BD3/3B:6V0-S$HT)*9SC'VR3-27S'5C]W:J&HX([' ML%K2G:&L%`M(/5J"2A%]D:':`A4FJ"S)HYJXFB]H/WJ7I.H9D`[*K7:D%-N2 M:4$`*47&2S'SP:&HPOH3Q&QW&Y'5590$W>UJ(PTK5=CYUU[!Y#MBK$V1EN$\ M,\BP"W*:DB;-,BTMIC0 MS\$T<8.,L'Y`OX+1K(/5*MG%>3;'*TP>@ML(OT^33+5U1(EV^L[K*;=>?CD4 MC$3T_,1LR0H%)'891%'RB6T=ODK2RV1WFZ]WD5@E5=TMC9U*JU>%6DJSLG0C M/.D>YF>T@5*.&4X?CKK>>4P_-L'*@$6.]>O#&G3U'HP"`?NO/;NN7/B^:)1" M\V'C^('&XTGZI-9+&^)2)C)R374TOPHMH$AML;&ITN\I1TEX;M4 MZ-\1YG-+<3C8L.7Z__+/E4]`W5"B^N/62YB5:FS0 M"QOEPWB+E+51QW=Z$Q#N6A'_Z?"PX@`+IO*P`+C/YL'*A+9L$;U8397+X.[C M235I,;04L6`"`0/!KJBF^3U.46'T#0P-S5*\#4@X>MSB.,/[FBC?)!7$[)5/"`#ET+@VE?&A\]1>QA8O56+D]`O M39>#:P1I;>Z:!+*'P7STP_3ZE)1GL]?&Z-^5'C'$M+3[JA(#H8D)"U#B988'D5[`QAR6MPG:;[$Z6:8I&GRB9U$ MI*BR%.DTQ4Y-M951)\+`R$;-3B]L-0V^0+BX(^=E6!P+_^K9"1P];CXI1I:#74Z[ M1O)?^3C>SL[K72BJ:F@O1>D:>==37Z;J:U(R/@/P[NW9V[?\_S3TX>>0!'41 M+B]@LJWFP/>E2U:R&<#5R4#E;\HKE="VK9`S]']O7[]]QP9HZ"&(=O@,_4FB ME3/T5?UI,8O$N)MN',?1]/Y.5FH9PU334JVDH5U-;3N]DON<, M?7EB/1UI_6-_"-2/K#JJB7H!YNF2RA9)Q1V5'.-=BU-5T>_ M_M/97[]^>_;NW5_TLD/TJRWF-V%'4#;QR:^Q4J4NJ-``+A23)H/(H6#TJ>>G MN3Z,9=*>DQBM(%\?UMI1P\<>BL=@8^CS6C%U1717C(E68'1G356_B^DHUXR= M:K;">C#M>W;";E8"UERGDI]\/0:]A5D.\;=76M``BL5\S5-H$NK<,BKJ'/ MB&MX2,@U!!1S22N@U]3G$77):%IVB4/D+^X:'AQXR2S]2NNPT$LT`RRR9P9? M3&G'C[Z.OC1N"-&L+#PMF.N",@NX=^G9ZY/$YEP"LD@VN;^#:"EW+XE0`H%HRH]/_'N`(9&^ZO4H%V:-LE- MP'@:.YZ"V`HKOD,B:-DA7!X0#4-\"QS1,N]H]6Z"]"/.Z=]ZW>D,G"8:&XFW M$HZ5:#!",U(4-Y)Q`ZZQ364"3%[CS38@*0Z+L[/9T5N7)-LF&0ZGZ^'3#<[O MDY"?OK^\#V(6P@TV[ Z;HP9*'\M?I2I:.5[G2,=MQ'TAK3':=H,*_$<>O3 M?7]^2DF.SY/UFH6(D"X8FVXQZROBNV)4JWD!I$B78M90;0I3`H,5/JH)*F8: MB@`2L:>!DL(XB8'H9Y+$2;L^^BY=@W=[5*"!=OO`0`48C/,R,91?0D-*>97= M.)`ARCC.,7T^N5Y'`LKMU*>48GO*LP6!=D.;G)[H?PI4%>C!$`@7;U/Q[P,2 M9\Q'*J<\]29..S$+\JW>3(,'UJV9F0IGF.(<)=P5M7HZ&#(K9F\T`5$3X/B. MO@ZQSHU\Y;>PY"'PDHFADD$$1P;5ONXJ,\*P-*>&NY2(B713,"HLF.#&0%"F M(Z8?1/U0L=Z+7M[@D,0!XOU9')0'/_R01&P!.#MCLGO]_+/<3J.W89"1E>63 M*;$^E=:BJY,9!X+56).=>/\#_0ZF6"Y)M,N5R4Y*M$_!="CK)%-"P8JFS:\K MF_);&,+Y"9.[>\IF\$"#M3L\V6UN<3I="SDUAMZN?S$NI79H)9L:[%L&&'$> M2%R8N"R+04%1#HIY06P:L\RE:N2]`^E";:NNZUI[E@%1ULJNN%#R0BV#P9K(L!TW%):XK'D=?(IAP')/*UI79,8C^F?RELL)4`OZA"( M2A52H^"II$M-HQ0&11RKEJT%_"8`C`N7L9)-9A?+])^;Q_[*PZLXBK6+WAJ6W><^*O;Q]W#6 M4!R@CY[2]-QE_$Q/')+_JV.HZ?HBR.ZOHN139KS!26?B)=35D)<&O1(\&-]I M05(=""=KQ(P0MP*W>X^Z?,9NEB8/),3A\.E#AL-Q7&<-#MBE!\6AO7H)'E*0 MXV[[P(IV^O:>I8`1\<'4A;UG3,UKKN9FDBC+UZ^+T,[-0\A6<=MQZ=I%0DJ5 M9`##90S"_^RRG/FVC%W[RUJ%1+@57RZ3XSB5T_R4VSM/3O>PVA>F'/]WP+PB M)ZR<>%5+_5,H3U!:_1C;?ETD^M!/V=\KY@5W]%?HB*F_"WS&^6^-0RG*?%KI M86]2F+.3W30DZV/<)!COBC,0T]T_!6Q_VB7>4O$2GGZF>*W:$*>7DTO(M:XA M;WSO71,:4L*B60-BI8<3/N//8#>>VR#,8NGTV!73;LQ;DT>6Z0)H>Q[M3E,< M9/@2%_]N=*#E!6?FHX*L"W!\>E#/BG4.%+*T!N.K>E,6>C8J\#MV'V(KN.%: MY=NRH_UM/D#RL,0J#U8K]G9F-&+$Y$&3.6!GZE>PZLKHI2K:P=L=9LVYJ]*7 ME>TK%);63+%!:<_"][(`J!KEO-7C!+Z>ATV#.!+4"1KZ1=):0CD"F.UXY\% M3P=UU[4=C+ZZ4PV[CKHT`AQ*RIE*CI,HA/>RDN"K5M^\+:P!2S'=T3=S'^?V M>3Z"J7=!*BICU&3'#K8LY63ME=3+SO#.D'D!#43KC9G'%"P_R$8+Y1]HM"S M,XV@IH`]+_4+EI![\Y9E'_%LAY%5.7NE3GP`K6(V=Y(=([%16Q``55M4 MU$+=FE+`!-T'4SR:!JO?=B3%M/;T5%6LE>%I;0XO4>S,7[HJDI.Y9H)ZL::!>V/*56EP9 MPE"N_=OZ[-<=JA]^GO_]+*(+-6]Y$+RJ7&^=4BESOJ`5?$7B@(X1GA]9:`L" MH&B+BEHH6U,*],C"3-T46:RK$@!&%FFRPCC,KBC/.=Z6W=)T/0SBC],'G(9I ML%9..-L:.S[`M$>%.MM%+"RAY3#V8BV>511_1$F%@J?(29)CP^JP&NY+=3+2 M*ITUL6#\H(&@>&UY`4[X/4HKU[.&N*2CEQ$15;)+.&&0R/93_$?_8<`=3)F^=-VGP6 MTY%JWJ;IR&U94K7X>?LDG;R!(696]4$?\9/3>JF`BD>8+\B MG-[I?4#E6A=^][#W[G6?05IQJ)LTO9#)G*T1\3_P_@<\;5EFU50U'+SM%M?08C6Z_C/P;QH0,\5Z_%J\\CQ_1CJX?M\*BWW78;\6/"@J@Z M66P&2K`1HI=%".,_QE%#L)_4T(($W(>`F#%?8]VAY!$XH9F*:/6JSN<;B+\'0] MH8^>>JA]CD<CQ6#;2=7U:6R;J^N"BUF?Y# MP[93#+E5DF<35<7IP5=)NL#I`UDIQ*Q`NI.IENI>@%(8$&GIN(EGZK(Y1,+1 MB,9%*"OQ,'K$DLB+9=/UC#Y"YDS9ITO\F`\ID8^*IW-(02[E>'A% MFS+M7PH8^1Y,O2OK=Z_1\,-B/!DM%F=H.%B,%VAZA6;ST6(T60Z6X^D$#2:7 M:#%^/QE?C2\&DR4:7%Q,/TR6X\E[-)M>CR_&HP4,^2_(74S69,6RX877VR1Y M6V.G$R6]*M2:)[&R!"/G7G2[$O[R-5I\N+D9S']FT@6KSNI(GJ?+>B+'>%2B MQL+M*-E(O3UB5L+!*,[,49Q@*2W0W@1TJT8GT5!O!$9JMDPE:3C<[@QQ2SZ= M4MN")4!0IF7`UL,@G,I&B7-IEP$$!BAJ)@)&984AS@0 M7-B]S\13A6Q+MDW<.*?0NQBGLPT'5K(U#]&S##`B/9!X5\-?L[F+P7STP_3Z M4L>UG%[\HW9-!/`9KC;7=-ZTNUMTG(L&+49"(I[P2HX*O#@ M'&.W0L;X4XWW*2I]?*D"@Y65T5_QW/'A@D:-U%^A$4NZ!.*CRKT'V7UH=S%A M8K7S619V;O,Z+*O1SN8P&($1F"U3,>F(VZ&&(139L2O'^*FWMGI3&[@5FHEX M6V$J-"!I&2@JME9GY;5Q<,Y^K_?NV"E*#?>RB\I"32HLM`LK##R56_5@R$BY MO\%.5O;F(':J6,C.UA:,2^M)N*O'*_*(0S3(,@SE`M?W21)^(E%$ZS*F@XSX MCE"G6Q"T$V6?`ES*LG_%FL*TMP8CS=Z4N^*\3N([=,UO:X6DT(MDLTWQ/8XS M2JTXZZS/#(B]N>/5A5Z5ZJPK6-F"469/PI(ULKTY8I=IPQ#F@EVI,0PR'#*& ME!Z?D)E69[#0BM)^@5)F?47Y"JIF*P\IR>U&KH.KVM[EU;L8,"(^G+L0E&;9 M+J!P-F7#2\WX`67E@68PM'T5D/3'(-KAZ;I.IQ_'69[N^,*@5LV6MB[UVZLZ M3<5:&8+1:!^V0FA*;1$W1M-U8P]%PQZ&-"]Q2AX"]JI91J@Z`[>Y\R;B[?1Y M%1J,W(P4!8TE*29W,;K8I2F.5^5>Q:A8VJ!.%/V`PSL2WYUHMPY;4EG1G[DD MT2['X03G+)B8X91[8>WF'6M39WMY>E:FWMIC:>==9`>0E2VAK;BN2GO$[K=@ M)2!:1-'WPO!I%PD/'U+^)LQ)]K&X,8O]I8RI-19N1S)&ZNW!BQ+N77+V'"4' MYX2[59G#5YTT>X;N<'*7!MM[JL*`W:3"O]X$_Z'1WJK;JL$JV+[OJ5P8841](7%SV8Z]&]%0=K1SL3\/=M@J% MH>O]MIAZ*:`(/O*>&YY,YGXV.ME52K[!26\+;>&G)^^3+02IKY_DZP+-)0%M M0&DP<'G]I)EX\_I)-=J[J[.FJ#KWKGW@'30/UN_X)Z.9'X_5XT@H@XUWN?4D M*J0R,S!B2#>'4TCOI1`QO@ZC$.^BZ`*\-[B.E;!H4<)0A3OE83:SXI9O;4AC M1+L]O$9+N7UHC10*0PQ&?O)#:DJ+$TEB?]`PS@,2:4\U4F.=R<%$MQ:#"@A# M"@9VFD/$"SR,:*.F-0\^W00Y3DD0L6U@,_J<[MGB%SM6()O@G)TSP"8ZE-G> M!Y7D)3VN?U6EF7/VQ7@7[/.Y"Q$T`P*3\$])^G$<\ZOELWZ2U5EZD:BY*E)) MJLW@2=#(M2LY9G!.XG-J\K[5J5]Y6T,8#J`GVZ[":G,N M,5P5\"TB51%HP\I`?P@VVV]1SHHZU9QKLMGNZ$!*/MFZ_]+=+&N7T'YZM?H& MA@:Z=&19X/Q[&''^U2Z-2&)763^RO[+W:9*IHGL-WFDBK(EV*_E5!?:N M&%N&0N!0X4M7L"YL3N0,INLU6>':H4E]@HAQYAI4]&H/T05X;W8=JVY3%[!] M;W`JCW]%4CQZ9`DP.S8@3&6418S#88*<7F-PT`;`:&0%*W$@0%_E)@Y&YS!8 M4=6E.&23!#GF6^HZ6_(&&Y8UI?!J]N9N;W[O5ZGV/?!VMM[%=R!A<76GPAYI M*Z7"^?#9$5G&B^R=TH"=N2,CX=HO*9'>-6)%3SZ/Y70L?(VS;+!:[38[?B#X M)=ZF>$5X4K.L1EJX,X%8D*XEHL'"$(F9H+`'FUJPG-K*!(4-F]-/?C;FD143 M=!SA8Y*S,\4M^1I&FTLYZ28PS]BNE!,U+<\QR\N$--V4M@+HK*&U1.OVEJ)@ M-+N.FC3S[YSE":+BRM'C9(`H7^_&3E`Z^.670D)P,@UB:'Z@`NG4#*J)M-]!%P9"`CIHPHTF_1K?T M>Q>M_A..HNPJ2.\2J[;OPOTH0$Y:KH,V%J`:I`2%I!8&0ASE3!K%[L:+(`VE MW8(:Z\DMB'05GF$/!"@'D9W@'S@"<0B,>2W.N]AUI9@W:2%<7TS8H=:]C+#\ MVKL6U)SDDP;%1A$>+H;.=HM8I,&8+'SM)#&EP^CAWN5AS]&TY^3$`XOR5ZZ2 ME%T9@E,6S0Z30+[.I0$[TXF1<"T1)1*&.DSTNL*H],".F5K5%NB6F9Q<''.\ M2C&?O[*2AP3N02!*TA*)"%AH(E$1U,DD;=@<1RA'.BFE]'&#\(&=H<9V*RCV M-UI9.#TIQ4R]=5**&NY=8/82#G4NQSL M^,GV0E9;(6'M@FMNZVQA'-0!5OGX/0JP;M" MGT5;OHEW6RKWG/:5Q5K=EEVY#$/!T_P>I\W**IZ'!.=2ATJ:3:D)(#!J4C$S M"29A=@!]G<5+X\]/F;P0M!T3%KHX93#$3SM>>+VO[@G>'^6=)%3G5:_K:N>P="Y M3JPJ(FA':P5+3S94Q8U3X7WP$*!YD*";(/X81&>(E],X_[LLR8WL>(;8IOF]=]EH2`DIS!3" MKC8I0/"$Y]ZPN8;1%'RB3&Z2M++9'>;KW=1=6/O_JI?6?O963H^]$37 MA#T)"_<85^9\*;TJ`-77&\^MKC<^95/RG2>:?+D6`%+#2'D)S[_<6%/B?#UD M^$RUOCJ%M(<_)?_KGRA!UI^QRI;$A->^PJ26X7K[?5-7_A#-6_P?=E M-G_EK-ZR2?]BOW1FOW7SA-)25EYQ$)P.#T@"5C15YTN5#=1N'^/FNI,[6;5W M!?3@.X3D_M338[PFP2V+H?9K]/(0L8L"]'@UY,1!20WUW7\M\F3UL5QT8B]4 M+K_354#]^D[G*_;YPF:!1[;HR$-ZAOM6L=D M`_,ET5/5O#*U\]?GX9RPD?CI4[1+6LLG]1I?`WKT,E;=I\PQJ`!Y>K93VL\' M;+*ZN$/\6G%LF00&Z%GKV`FS`146%6#TDL%?>3MMN)@@&SVRZZ^E`_T.!-!C M5S&3G-Q3S`*60%]2+S++XJ12P/N`Q!EK??FAVSH\H%:PHBF\! M!NSM??@)D[M[.I@AK?__H5F+:2TI(F$]+190'S%DRP_649OL3%O\>QW5*"C1V@EZ<7 M73$6*8S0R\K\%2(QH&4$L7:\K][S4EP08K("W8!*LI;-5X0SC0+`-%YURP:Q M;;>&`>@FD_&T;*V&*9AVFJ5X&Y!0.P[3VX!N+055RP8KK3V/WP;A?W99SL^= M7B;T7:<6),(3G.]'_J/4GZ$F>VM`6CF`M+`O#^>?2?O.@J?RK2A/INZ5+6!O#:A]#R`MWDKY5+_F M92$PU_,56F;!1W;PZRNQ!M2\!Y#N^?K610%X?=FUECC,V$:=.8U/"EE.U^PD MP.D#3L,T6,M3!>PL`;5K3\*2;`YNCM@#1"_W):!D_0JQ0M"^%$^MV:Q6XQ"! M)[850M:&.CR@EK.BV6VO5@.AT@QQ.[XU!$`3M8Y=-+5/"PRT<>0<]2U3[-C) MJQT[L/JYEO@Q'T;)ZJ.L-558 M0&UGI"C.290&-+KD)NB7\M_,%G'C?_M:TEC=XW`7X>FZ9EGFERW9-*2VK6QM M`;5=;\K",DE9`/.>C78M"T&_\&(`M&NO,U+@M(^4EOS@G.J,L%\N\3K813FZ M9D6Y?M[&?>'^GZV$C/Q(8?.3;'YT3?^B'U&UL550) M``.WHEA0MZ)84'5X"P`!!"4.```$.0$``.U=67/C.))^WXC]#]R:A^F)6-OE MJKZJHWLG=%8KVI8TDJJ/IPZ:A&QL480*)'W,KU^`.DR1.!(4:4#>[@>76T9" MR.]#XDAD`C_^\W$5>?>()IC$/[VY/'_[QD-Q0$(A.3-__\G__\#X_]]^-_G9UY__I]%*>(^D&*[Y%W=L;^]F.$X\\_ M\!\W?H(\]AUQ\L-C@G]ZFZQ\N+AX>'LX?WI\3>GOQ[NW;RXO?KZ_FP1U: M^66[L_>7YX])^&:';(X@)1&:H:7' M__TT&^V_=84803Z^.P_(ZH+_\:)/@FR%XK03AX,XQ>G3*%X2NLH;RQ3(:[NC M:/G3FQ6^P^Q++]^]_6[SE7^#R*9/:T9]@E?KB`%R4;.5/1(G),*AGZ*PZT<< MW?D=0FFB:Z)6L.7V37W*`+I#*0[\J'9CA;4TW_)YRGYR0I/)-L7P@8RMZ0$C($"TJ5'Z)D%?,O9%`S["`89F-O"[O&*?7`@@AY3%(_9]< M%B9Z4:>Q6UAS]V6"@O-;WNY=5[^C7WTYZ8-,W2+^5?' MZ=A?(4G+Q47++2UVAPX-/$)9]V=T[2KU:7#0":H.UVV)BW7N?SL+[G"T[S]+ M2E:F6&YQ(SI-BOBR-KPX"3VF"?6C$;.7QU_0DY*%2ED@#9<.\B#1VP81.T46 MK%J-_6Z*`&%_YQ3L(BUMHCU%%!.F0MCW4QWLI;)`_-\[B;]0;QM$=%AK0MZB M8>3?2@@HE0$"_[53P`OUM`%X+Z-AM<;&ZL>$96K/](XYO^8%HIN9#)@*DY7L':5&C8(^=O)?T MV)!Z6SB.%))2*@GDXH.#7`AUMD?!-+N)<#",B"_S!`C*@7=Q#N(O4-CB\$16 M*Q+GAW>Y%RZ99&D>%<>,5#U(*06A_#BYS09`8G,7N%D.;O9$0_:9;#)1E(?2 MX^9V7`J`?5;X(AW.2:$TE!$W-^@2Y05\_'A14>^*?=":HUP?8;GWDK_SSKQ] MN!K[O3<9SR=7HWYG,>A[W/.?!X/%W/OJ4^QG(6:5_J.6N[S8TY9^ M^M9/ED.D=!YB9!3]OTGO78:)'6U%] MW39'C1HMRH5L^MA-R#CPM0@5;7(HJT\"C]B4N5KR/UEUZTJ0(^5&NH3H-I`F MF:$`X7M^$ON1DD0V74A+6W7GZG'7:.D(%5%$'OB$,"2T3[*;=)E%U8;+F`$* M6W7_`H@RPJ#`&]-CB=B>/KS:X")I[8?-+!RC6SX!YV4=,[\QDDXNXK)6/M'WK?%.NH?9EK/I^`=U;I)'YN/1^ M,RZE)/4C^Z/2E)(UHNG3-/(W>[`O&5[SI:1J;:`3LNJAU!,)T]D1,PK8-C?+ M\R+ZB.'(EO8<1?9[A+:Y0)T5=VS_._]KMN4=#DU"B0I[\@D:HH MGQO5(G8]KT?8O7CR/,GQ?(/"F,3!9IX">3%$Q>UZ!:&SL5Q1-X;O*45K'X># MQS6*$_3<6JE]R8I#Z6AS-Z<`FT!T<(F8PPQ,H57`06]S]0\#7910>KJ#V!7V M;W"$4XQXUEPUO4\SJ,'%H02W$]=@0K`I)(Y8V=8CL,W\T.P&)87!CMY62#(& M7N`0$:OO#$4T8\/#LYI:EF3EH42UL_X[DB@U"&YPE2<"\3R@+J&4/.#X5C:# M"4M"^6GGR.08?A2*N\%,UX\_3^X1#:F_E"XKRH6@?+2SQ#Z&#[&Z;E!1RG_4 M#&?2TE!RVEEP'T..!H!C69*DVVWBE3;W':!P0;HHCT<.I0.4K#@4^'9..8X; MI=00N&$?/!,7MB`3EH32T\Z>Z!AZ%(J[P4P_0PM2N`1'NQ93"4!Y:N M]#`X1-=DN<0!4VM"BTH":-,(0NEK9V=Z-'T@6-R@$;SS.6;+T\Y1US$T@?8Z MI^X]TC,)CV=R;]*T MDZ5L*XW_+5V7PT2AG+2S9OP*KQB%`Y_&W)=]$)O$-DY8MDZ" M"$+9:F?G:,86'`@WB)/?-*M=T!K$XSM`C.Y*W5>Q.Q0NZ&O&%,#I;6>?4GOG MJ`2A4;*=R;\4/QJQ3\9\;Y*,>5#77PF9QVR(CMBA"F1/,1_3"):7W*MNVL#Z MNFHE#Y*T>@=B"[R4,7E!5C:'BYMF&%!R*&8UB[9)/D1HO"`9A8LZC!D1R%I- MLFV2%BDN+^D'.F)F$58LSBO=FA-+M];, MTI;3J$%"+$\MW6/F%I&PU@WP4GB*:MUW/FES2;G9D`^SI0'&.Q4UW4X:A2DO;O::N,5MS,0"UQKV/ MS=SXZ-9NJ>9=CS:]J)I';/<>U*]5'M3Y@OUS/1@OYMYDZ$VF@UEG,6(%'+G8 M;A0SU=&^]1K7J;2TU=/%>Q1GTE7B\Y]MND@U,!\>$A[JX\HHEC"+_TA(F,Q) M))]?2J6L^C\-0)>HYP;V^3TM4TJ6TH/R@Q)6?9P&F`O4.O73UH\H9M-$Q"]7 M"5LL=<^_8SX7?EJFE0" M5IVD!@SIE7:#G-%J[6.Z?^.5=%$?)VN2H'"R[#Y=([:E#B?I':*+.S^>^Q'J MK'CJ^62Y$>0P7,DO]&JL=JM>6`/:&X;3C3ZR79+'MQL@%'P+2UIUV!IPIU#S MU*?+,8G)H7;J$5A1WNH=?`9L:E5VP[9&<8H8@JF:CTHINRY;DP%1K-_IWW*7 MC^+%3O;1QW'"!PWI#EDM8M>/:S).`C0_]0%SLUM2S'3%`G;]A`;,5;4Z=9YV M`=Z[,P.-6TU>',JA]8V%3F,WIK5R*[M^@@,@*=NR=B_)T\*LH.1`63?YZ.,H M2Z6G5]+24$[:6#ES0 M$VWC6NQ>KMAB?]$!UW"/<>7\/-=7G'2U/T?_IGR.7JCK^0^)1Y9>L;J_>YL* M'3E1+P1(U+@8!"1K-25TV\*%XLFF,<>^^-MR[)=S?61YW)!?D*(G2 MR)PB51J5BI<^.G11D)(E6>%3I$>FRRZPSS(O+W$/4,N9)95M4LO7_ZS9:$BX M!X2F]GUX@,R@6NE`+6>8J#E3)_R<,%MCE&HCVDIEW,C15_(EU,J-XY`CAK<_ MW[F2^6TXP/&&-V(T@]B!J"?#`0_@Q@$#$[M3$&S2EY!XSPKM/GQ+$=A/[$.5. MD.+[S3U[:@WK5.3(%6=2$DNS74V@W)@26PDT;(69(Y"&AB!:=5_\;Y:D^0#) M'XD)2!S@"!VLI1:D&9-LYZNL[OZ:Z1MMX=%K*:)OA1M(E3&J4J[=^]V,[`0OE?$=<%$ M;2?6FK*BY%2.S>GG"@JPXD/BLZK2N0@@:-6_UG0OD.'R&OO`*+YGZ!(J?T]0 M(V,[%;M1Y@5HO$;2=\/<]KU@X_%_+V<]`[R5T;\$B\,3.9AD[,>D)_HR2*03G] MR;7)_><+N.KAW:JUZ^6.Z%9M@'WJET_`3SV./IQUX(**(SJ/.5"OM&OP34[2 MQ/F]LB*[MS2TTE4`P+FQ)F$;F.T@V0F^9)@BI@E3/WV:1GZ<=N*01X6M>1'9 M>;]!!5"BV_']'$$5J:?O:UFYP)$[>E2P?==',YW$'+!7.H%L7P(X?@)15F3W M3HA6NPP`0$#F:)U\$AANV7.R6,Y0_0S_UV1*GCVYD MP[9:!$I=.YZ$9JB#@'+Z2SW9Z`3L!G!Q:)=HQS_0[E`.Z!Z.6/?\CM!T@>@* M:-JE\E`2VPGH:=ZNA7#8-&KI'0//'6^38Y_=)`'%:T5(J$8&2F4[3ICF[5$* MBQM&"%?XZ'T2G-L7];L8ES>_!:5?!U)^1K:##**W[N\<=WIT@AU;J2& M9^MUE*=N^M$N=7,4+PE=^:(G2\N9N%!I*/DN[W,,H7)C/-V]Y,+O-9)&UA2+ M0)EJ9S-CBK'@S9JBIJYPP(,M%OXC=W0I:"B5@C+1TLT9QS`AU+>E9,YB0^?! M'0JS"$V68Q('K-7/QP]Q"-]5'%]C-U=]#`F=(WJ/ M`SE]DL+@!-#6B:F-;OG2&BDD`AY>^B*3;I;@&"4)O_$_F2RG1;3C<(YO8[S$ M`0\7V(21,XVG),)!4=_]%2??>6=>'R=!1)*,(O8_E^=>]]-\-![,Y__M=3OS M47Z]R70VF`_&B_P-<:\S[GOSTR<3H%9"^8/VGRQKR6:)?G8IL7GJB)[!HKO5A M_?A0MJ?WY]YH_"N;YB:S/RR:SK[)SXW3)LDK)*QNT"KMTIF, M6L2FH0!H.=RLZ75WP#Z&^'%W747%0B[?EBWDZW-O./I]T/U$'BA7;1)"MLT%34!AY>WJE1UP!** MT4L+ZL<)4X15*YA]WI5MXMMS;S:XRB]?G79FBS^\Q:PSGG=ZW"EA/@$Y%1#3:-"TK?85B7,3P.V%XI@;UJYEU>1P`P49OMCQ$3M?WY<5M=G0XV@=G M\QK5'>C77+%RJ/N^3W]=[M/?GWOCR6+`YI`_.MVKP5_KJH;:KS,*:>G36%EI ME'7`#(JOTUX17[2F^J9L#!_X/J,S&_P\N>H/9O._>U>3CM7%U!Y8C3D(RMG< M8>P/'F4K@_QU2^W>P[@:F[8CI>I@0U(3&1?L2?X^T]Z@OJV@38$P@&CX?>;X\W5.#Q2 MFN0G1"@6'FE>5J,/+MF&8W)]/5IL7E;AH0:]27ZJ.1A;/M)4:`9>Q!G68?GE M7&U+M?L@PTILFF,M>LLW^YLCYH#)\CPF]"5CU0WXF97`3BNA!Y=Y[$%WSN8V M9J?>@)^:VK3-L@K:^&I9<:LAXX>-TDYS\O)6WRS24'$8&:E1V0GKD,;H2&-U M+BNQ!=I8'>^K76TV7PU[+6$[V_BO4NN>-C^U`7-`X=,)VS&#PXWH_D\)VS,. MDA2OV*Y1%I)<+F3U33`S3L3ZN8']#+'A.$/\9LO;.'_!&V8Y`#FK+W.9,01& MP172]@\%0-F2"]A]B\N0)IW>;O"SCPB#L2,O;O?!+2-N=#J_B@NHQ`%),);A MXG8?T#)BW103-^SS(R'A`XXBUN`1PS6^Q6Q(V81&PK@TJ<#N6U5&;)KCX@:? M/;)BJ-ZA.,'W:),[:;(+@(M;?7G*C$M33-Q@,C_89'L8%/+VL\;GT$YVR3Y, M#P824XB/-]L^*0WNJU&3U3>E#/,SZB/E!M5#']-?_2AC>Z-]G,HH9@IGN6-5 M22Y0UNI#469T&J'A!H%]1-EBG/?(L7T+>QGE7=4PEDXG?D)9I::8 M-.Q?LYB=*C/(2N9<*4?5!9MT+5E5?N]O_G7%;X+Z+R4R)YM?JL3`@8GJ,*%4 M9AR5%+IJ6JD+]G'J>1#/H[)9IJE6[#0R(Z#J.V`VY60FB=U`\N".,YQ7EA`G MB\^H_22PNPEP+ET%5TA\DW5E7?K;_^_Q7V6&16"U&WJ%P&D,XGJ5'>COS[LE ME/HX$G3W2H+;X?Y\*]?HF%UN%'B[72[N0FS*S'^X9H,B9:,CCV*?9C2XX\=) M/&LK&:.4IW$EB-Y+(_)JU>3&#EQ,GS"P5^(_0S?PR=!"@QXU4E M:37\LA:1>AP<(XXM7G#"UML\*L.,.)6DU:C,6L3I<7",.-9&'4-Y$:N1E[6H M*&CV>OR-TA5&)>.WXG!L8Y%1;9EFF:$2<#%8HL$C#]_(^"*;2M<8Y6)6DQ3J M=5Z)JFZ,*YV`Z<`F?;[;2=$5OD?E&/S.B@?:2`B"BUO-1ZA%G"DT+9G*@C_G M*3HUEE"B*&\UCZ`6!UKE6P+]"B5))PBR599?*=5'#*H`^\6'>$NP*R6L!OC7 M`AX`0&M3PWZG(_=HE`M9#;FO.2V(U'3@".0P\$/JI:CJVPK-7+5%1H'O97A9XM#04'T1X]G.*N'X-N M57\N:W63#P97J>A+@/L;BJ)DZ--;`H6X+&%UIU\/:+'2+]*7\^R#GD]#Z5.( MTN)6M^\U>W1573=V/WGC-N'-BF"0?0FKVWHP]`*E'%A6E(*TIC] M_+TS%%"4HP.%7"!A=2UR#.I2[=T8Q7>J=<)[MD1%/%X&JE+"ZDC&G":"] M`\-_(9!4.O17[C2L1)*V,>Q76P:(A)8)V,P<+<17%FY"QRC9+@98Q^"/5BN7 M.Z:56+45/7.R^%,X/FZ,<)/T#M&B`K*3J&HYJ]L%,X:D6KI!`@#_6M"WLUVH M;QP"U$\QU*KR6(ELWGE?2;D6OUG2ECM3W$RM9U,GUNAQ"/N&(>M>_+ES',JG M#T$YN\Y-&+8'!Q\R5=LZ:=I^7^\.H^<[>#;'\;2/*0H*-4G@ULA:]H'6YP"$ M29O'KJHC5NLN3W-<#W0Z^>%=<$PU]BG-;TBJ#O*`!W#W`[RWKZ?9H5Y^T3MP MT#>HP.)"B5&+)LN-TUEGE*N**"8A@"1]%79GF<98A&+E+LN;J*1)EB:I'_/`8`-Z!;)V9[G& M>96B8^0DV_Z%_[CQ$\0^^3]02P,$%`````@`8F0R0=$,`*HH"@``K5X``!$` M'`!M:6AI+3(P,3(P-S,Q+GAS9%54"0`#MZ)84+>B6%!U>`L``00E#@``!#D! M``#M7%MSVD@6?MZMVO_0R\MDJQ8P=BYCESU3`D2B6D`,DF>2IZFVU)BN2&JB MEAQ[?_V>U@TAJ04XH:)9.0\.[CY]=+[O].T3W;[^]=%UT`/Q.67>36?0.^L@ MXEG,IM[]3>?6Z"K&2-,ZZ-=?_O%W!/^N_]GMHM\^:EY`?&P%](&@;A?JKKFU M)BY&X,WC-YUU$&RN^OVO7[_VOE[TF'_?/S\[&_0_SJ9&9->)#:\>'>I]KC(? M7%Y>]J/:U+1D^7CG.ZGKB[ZHOL.<9)ZAEM;84X\'V+-V[.T@:Y`W?M./*W=, M::7IV]B4IJ8V*=AQ8O7NV4,?*L!^<-X]&W0O!JEYR+OW&&^R)BO,[R+7245% M$X]Y7NA6`[4#OQ\\;4@?C+I@17QJ9>WV-]IM`"&(8EX97%13$=U,^Z!E#5P" MO0K3=<]B;F1[]DY8$H>XQ`LFS'?'9(5#![+P)<0.75%B=U"`_7L2S+%+^`9; M9(^WM)MBSV,!#J!3)R6B;+.AWHI!P=^N17>Y\IE#3(@7BUG_1RH-H`=DM`^TN>&/M7&BJF. MT5"9*O.1BHP/JFH:Z-6MAT.;@O=_O="?YW>!?<"X)@&%R/?D8M=6GIB+8Q*S MX_0E.1EO7%_I&UB?Q9,K!HG$3IZ4UW5),4SX;Z;.(2'Z!.D+=:F8&AB\C!L) MY<8:NNV:.39LNM0O(GZDTQ53FGVPJ.V`KE_?Z$8L\O29,D883Y M>N*PKWN&T]9,GJ*WAX^FD6)\0).I_L?+:!J&G'J$\R'F%(A>Y*#!CLN@]Q[L M%RT,^R_+8B%LG+S[!63(HB1)V;0\`A?G):K3]5<[L M99'9BQ[2YK]#1]>7GUI)XH0^$EOA/!,G^0(ID8.S(I&O>VBB?83U0#$,V.JV MDDMCS?R@:Q+Q6N`N2&:`W3(YHX,BHV]@T'_0EV;75)6JK3:#.S4);F)V0NE;FAC")1T$K.1R$/ MF$O\,=DP3I.>7"R4,WQ19/A=#XUN#5.?J4OHR`O=T-K9E^+\64JRS5#_IT MK"Z-G]!45UHZ!1@!LSY7:/Z*7@!>&<%$H)/R^IOKQ\1J_B]NUD-B>;\]R6B^7LEA1@05.W MF^!=(9WGN+)&3G-)_Y6%=KN9+@B]/-7557*N#U&"[28[IP#S1)>+Y23ODX?M M)CA;W<8DP-0IKGEIJ9S>DDK<7?02!^TD-[>\[=!;42XGN*022^M>JSG>7=YV M:*ZNDC-=DH952U^KR2XL<#ML2^KD=)<48N7JUVJ^<^O<#M<5Y7*>2SJPM`"V MFN/2*]'"'"*IE?)]49*!U>]-6T][Q>0\Q[XXO?9`:B;PK8T\!0=\6YC1CS*' M_T>)$#_$Z?DE6:'HU/V5.-%]T^'4W8AO5^*RM4]6-QV7KFDW/7#])T#K/;I. M:B)AO[S0DOQ?O/5P#<)@5D5>Z0%%W)R:^S3-E5N2JIHGXK9NVZXJB M[N"\>S'H/7)[&^DQ06QI."Z(M-TS@JB_R2()(PJA\H).GS@!SWQUM[X.C:?V MIE!=.,4VXL,SGE][[>CY=(B29T1SP)6F0WI*ON4\;BBZRJ7H*H.WWQC,\P+9 M%T5R,RK:VXB;5'_"DK8BOB_.'#/KLP&M"5=FQ+TC?B<*-EKU:DRHXP@1<-,) M_%!,-.*2W!5,0)399C1/VJ&?W&F*Y\WX>MF5S5Q,/2T@KC`#G.$=A_DI%*;O M?19N;CJQ+PHFQR(8[D"O@4UR)3*(?9XN13BNEXC+$%>*'>_7>` M&(D8'G]?3FR3#8G&>2@NX\6P:NKWAAZO%4%:=1=?$KKI6)!P<38J#\AE'NRY M_:<3];L8AA(&(!OH?[?P#K0]'.I)DE0YT&MG@;]8>H:U$\)?#(QR3&>K,GYF M;XL:N/8ARID>BT?,X5`=^3D1GG@2BR.M`U.P:V!F]#`0CQ27 M^/?#J3)N(*;A,2.HRKBQF`X90"7+!HZ?X:$#J&C8Q,P<-80JK7\P*K$]8UX4 MI/JX(1[?0JBN.F+765A/;7)WTN646838?.(S-^8#LHOGSC)DO(AQ1E]X6+1/`+>*W MRT_B_<.7D&Y$;0G2/J,F`"ET(B[I7$?.`R<+-QK(^0-G)=)K+9H`H7BDJSA7 MR>L;-T.5CT\5P=19-`[.#%MKZA%_9\!JGN6$8OLY8XX-:PASLC%RA/VSWZB< M=I,$^]4-S+9^?@.;%30T9GVU@HU)QG<6>D5Y0Q%,J$_41[%U#"E?;]_/5Y0W M%(')8$=JDD MLVA3HMCJ=3.;4*K*IK:W=)81VM*5MF&(-8T_AB$ M@14POPALGW%3P4;J8$`Q0` M```(`&)D,D&M,6J"[#,``(H7`@`1`!@```````$```"D@0````!M:6AI+3(P M,3(P-S,Q+GAM;%54!0`#MZ)84'5X"P`!!"4.```$.0$``%!+`0(>`Q0````( M`&)D,D'\\76,#0P``.&-```5`!@```````$```"D@3B6%!U>`L``00E#@``!#D!``!02P$"'@,4```` M"`!B9#)!2$IDR/8'``#500``%0`8```````!````I(&30```;6EH:2TR,#$R M,#&UL550%``.WHEA0=7@+``$$)0X```0Y`0``4$L!`AX#%``` M``@`8F0R016O&,Q0)P``.QX"`!4`&````````0```*2!V$@``&UI:&DM,C`Q M,C`W,S%?;&%B+GAM;%54!0`#MZ)84'5X"P`!!"4.```$.0$``%!+`0(>`Q0` M```(`&)D,D'Q(ZBO*1H``#&"`0`5`!@```````$```"D@7=P``!M:6AI+3(P M,3(P-S,Q7W!R92YX;6Q55`4``[>B6%!U>`L``00E#@``!#D!``!02P$"'@,4 M````"`!B9#)!T0P`JB@*``"M7@``$0`8```````!````I('OB@``;6EH:2TR M,#$R,#B6%!U>`L``00E#@``!#D!``!02P4&``````8` ,!@`:`@``8I4````` ` end XML 30 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6

Document and Entity Information
3 Months Ended

Jul. 31, 2012

Aug. 25, 2012

Document And Entity Information

Entity Registrant Name MEDINA INTERNATIONAL HOLDINGS, INC.

Entity Central Index Key 0001093248

Document Type 10-Q

Document Period End Date Jul. 31, 2012

Amendment Flag false

Current Fiscal Year End Date --04-30

Is Entity a Well-known Seasoned Issuer? No

Is Entity a Voluntary Filer? No

Is Entity's Reporting Status Current? Yes

Entity Filer Category Smaller Reporting Company

Entity Common Stock, Shares Outstanding 55,890,117

Document Fiscal Period Focus Q1

Document Fiscal Year Focus 2012

X

- Definition

If the value is true, then the document is an amendment to previously-filed/accepted document.

+ References

No definition available.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

End date of current fiscal year in the format --MM-DD.

+ References

No definition available.

+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".

+ References

No definition available.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.

+ References

No definition available.

+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

+ References

No definition available.

+ Details

Name: dei_EntityVoluntaryFilers

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.

+ References

No definition available.

+ Details

Name: dei_EntityWellKnownSeasonedIssuer

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Details

Name: MIHI_DocumentAndEntityInformationAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 31 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6

12. SUBSEQUENT EVENTS
3 Months Ended

Jul. 31, 2012

Subsequent Events [Abstract]

12. SUBSEQUENT EVENTS

On August 31, 2012, the Board of Directors of the Company authorized the creation of a new series of its Preferred Stock. On August 28, 2012, the Company amended its Articles of Incorporation to designate the Series C Convertible Preferred Stock. The Series C Convertible Preferred Stock (“Series C Preferred Stock”) has 500 authorized shares. At the time of this filing no shares of the Series C Preferred Stock have been issued.

The holders of the Series C Preferred Stock have a voting right equal to that of the common stock holders in any matter that the common stock holders of the Company are able to vote upon. The Series C Preferred Stock is equal to such number of votes as shall be equal to the aggregate number of shares of common stock into which such holder's shares of Series C Stock are convertible immediately after the close of business on the record date determined for any vote.

The Series C Preferred Stock is convertible into shares of the Company’s restricted common stock. The Series C Preferred Stock will convert at a rate of 1 share of Series C Preferred Stock for 62,500 shares of the Company’s common stock.

The Company has evaluated it activities subsequent to the period ended July 31, 2012, through September 05, 2012 and found no reportable subsequent events.

X

- Details

Name: us-gaap_SubsequentEventsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

No definition available.

+ Details

Name: us-gaap_SubsequentEventsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended

Jul. 31, 2012

Jul. 31, 2011

Income Statement [Abstract]

Sales, net $ 642,755 $ 300,662

Cost of Goods Sold 463,426 177,292

Gross Profit (Loss) 179,329 123,370

General and administrative expenses 105,500 477,290

Selling and marketing expenses 41,237 26,198

Write-off of assets

Income (Loss) from operations 32,592 (380,118)

Other income (expense)

Interest expense (15,570) (52,012)

Net other Income (Loss) (15,570) (52,012)

Net Income (loss) $ 17,022 $ (432,130)

Net loss per share (Medina International Holdings, Inc.):

Basic $ 0.00 $ (0.01)

Diluted $ 0.00 $ (0.01)

Weighted average number of shares outstanding:

Basic 55,890,117 51,208,323

Diluted 55,890,117 51,208,323

X

- Definition

Total costs related to goods produced and sold during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 2

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2(a))

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_CostOfGoodsSold

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_EarningsPerShareAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 21

-Article 9

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 36, 37, 38

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.23)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.21)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 55

-Paragraph 52

-URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 18

-Article 7

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 20

-Article 5

+ Details

Name: us-gaap_EarningsPerShareBasic

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 18

-Article 7

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 11, 12, 36

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 20

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.21)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 21

-Article 9

+ Details

Name: us-gaap_EarningsPerShareDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1,2)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_GrossProfit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Loss recognized as a result of the initial and subsequent write-down of a long-lived asset's carrying amount to fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 27, 26

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_IncomeStatementAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The cost of borrowed funds accounted for as interest that was charged against earnings during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 9

-Article 9

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher OTS

-Name Federal Regulation (FR)

-Number Title 12

-Section 563c.102

-Paragraph 9

-Chapter V

-Subsection II

-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 34

-Paragraph 21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.9)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 7

-Article 5

+ Details

Name: us-gaap_NonoperatingIncomeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The net result for the period of deducting operating expenses from operating revenues.

+ References

No definition available.

+ Details

Name: us-gaap_OperatingIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Other aggregate amounts of gains or losses resulting from nonoperating activities (for example, interest and dividend revenue, property, plant and equipment impairment loss, and so forth.) not otherwise defined.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 9

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7,9)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

+ Details

Name: us-gaap_OtherNonoperatingGainsLosses

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A1, A4, A5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 5

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4K

-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591552-111686

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (a),(c)

-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4J

-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591551-111686

+ Details

Name: us-gaap_ProfitLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 1

-Article 5

+ Details

Name: us-gaap_Revenues

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate total amount of expenses directly related to the marketing or selling of products or services.

+ References

No definition available.

+ Details

Name: us-gaap_SellingAndMarketingExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1505-109256

+ Details

Name: us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 171

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Weighted-Average Number of Common Shares Outstanding

-URI http://asc.fasb.org/extlink&oid=6528421

+ Details

Name: us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 33 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6

6. RELATED PARTY TRANSACTIONS
3 Months Ended

Jul. 31, 2012

Related Party Transactions [Abstract]

6. RELATED PARTY TRANSACTIONS

The Company has various license agreements with a related party allowing its technology to be utilized in the manufacture of its boats. The license agreements typical provide for $1,500 royalty payment on every boat manufactured by the company except on boats manufactured where Mr. Albert Mardikian’s patents are not used.

X

- Details

Name: us-gaap_RelatedPartyTransactionsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph b

-Article 3A

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Article 4

+ Details

Name: us-gaap_RelatedPartyTransactionsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 34 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6

5. SHORT-TERM DEBT
3 Months Ended

Jul. 31, 2012

Debt Disclosure [Abstract]

5. SHORT-TERM DEBT

As of July 31, 2012, Short term debts consisted of the following:

Financial Institutions

Citi bank $ 94,886

Wells Fargo bank 8,000

Credit Cards 22,379

Total Short Term debt $ 125,265

At July 31, 2012, the Company has a line of credit totaling $100,000, under which the Company may borrow on an unsecured basis since the year 2008 at an interest rate of 8.75.% with monthly payments due. The outstanding balance for this loan was $94,886.

At July 31, 2012, the Company originally borrowed $11,024.92 from Wells Fargo bank as equipment loan repayable in monthly installments over a period of 60 monthly installments of $212.

The Company’s remaining credit cards carry various interest rates and require monthly payments, and are substantially held in the name of or guaranteed by related parties.

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for short-term debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.13)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 13

-Article 9

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 16

-Article 7

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.16)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_ShortTermDebtTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 35 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6

7. CUSTOMER DEPOSIT (Tables)
3 Months Ended

Jul. 31, 2012

Notes to Financial Statements

Customer Deposits
Deposit for commercial boats $ 339,970

Deposit for recreational boats 20,500

Total $ 360,470

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_CustomerDeposits

Namespace Prefix: MIHI_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: MIHI_NotesToFinancialStatementsAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 36 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6

2. SUMMARY OF ACCOUNTING POLICIES (Policies)
3 Months Ended

Jul. 31, 2012

Accounting Policies [Abstract]

Basis of Presentation and Consolidation
Basis of Presentation and Consolidation

The accompanying consolidated financial statements of Medina International Holdings, Inc. and its subsidiaries were prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and include the assets, liabilities, revenues, and expenses of our three wholly owned subsidiaries, Harbor Guard Boats, Inc. and Medina Marine, Inc. All intercompany balances and transactions have been eliminated in consolidation.

Use of Estimates
Use of Estimates

The preparation of our consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates and assumptions are used for, but are not limited to;

1) Revenue recognition;

2) Allowance for doubtful accounts;

3) Inventory costs;

4) Asset impairments;

5) Depreciable lives of assets;

6) Income tax reserves and valuation allowances;

7) Fair value of stock options;

8) Allocation of direct and indirect cost of sales;

9) Contingent liabilities; and

10) Warranty liabilities.

Future events and their effects cannot be predicted with certainty; accordingly, our accounting estimates require exercise of judgment. We base our estimates on historical experience, available market information, appropriate valuation methodologies, and on various other assumptions that we believe to be reasonable. We evaluate and update our assumptions and estimates on an ongoing basis and may employ outside experts to assist in our evaluation, when necessary. Actual results could differ materially from these estimates.

Revenue Recognition
Revenue Recognition

Revenue Recognition is recognized when earned. The Company's revenue recognition policies are in compliance with ASC 650 “Revenue Recognition.” Sales revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are satisfied, are recorded as unearned revenue.

Cash and Cash Equivalents

The Company considers all liquid investments with a maturity of three months or less from the date of purchase that are readily convertible into cash to be cash equivalents. The Company maintains its cash in bank deposit accounts that may exceed federally insured limits. The Company has not experienced any losses in such accounts.

Accounts receivable
Accounts receivable

The Company reviews accounts receivable periodically for collectability and establishes an allowance for doubtful accounts and records bad debt expense when deemed necessary. At July 31, 2012 and April 30, 2012, the Company had $237,718 in its allowance for doubtful accounts.

Inventory
Inventory

We carry our inventories at the lower of their cost or market value. Cost is determined using first-in, first-out (“FIFO”) method. Market is determined based on net realizable value. We also provide due consideration to obsolescence, excess quantities, and other factors in evaluating net realizable value.

Fixed Assets
Fixed Assets

Capital assets are stated at cost. Equipment consisting of molds is stated at cost. Depreciation of fixed assets is provided using the straight-line method over the estimated useful lives (3-7 years) of the assets. Expenditures for maintenance and repairs are charged to expense as incurred.

Long Lived Assets
Long Lived Assets

The Company adopted codification ASC 350 "Accounting for the Impairment or Disposal of Long-Lived Assets", The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with ASC 350. ASC 350 requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair market value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair market values are reduced.

Comprehensive Loss
Comprehensive Loss

Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Certain statements, however, require entities to report specific changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, as a separate component of the equity section of the balance sheet. Such items, along with net income, are components of comprehensive income.

Issuance of Shares for Service
Issuance of Shares for Service

The Company accounts for employee and non-employee stock awards, whereby equity instruments issued to employees for services are recorded based on the fair value of the instrument issued and those issued to non-employees are recorded based on the fair value of the consideration received or the fair value of the equity instrument, whichever is more reliably measurable.

Fair Value Of Financial Instruments
Fair Value Of Financial Instruments

Disclosures about fair value of financial instruments, requires that the Company disclose estimated fair values of financial instruments. The carrying amounts reported in the statements of financial position for current assets and current liabilities qualifying, as financial instruments are a reasonable estimate of fair value.

Foreign Currency Translation And Hedging
Foreign Currency Translation And Hedging

The Company is exposed to foreign currency fluctuations due to international trade. The management does not intend to enter into forward exchange contracts or any derivative financial investments for trading purposes. The management does not currently hedge foreign currency exposure.

Basic And Diluted Net Loss Per Share
Basic And Diluted Net Loss Per Share

Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period.

Products and services, geographic areas and major customers
Products and services, geographic areas and major customers

The Company earns revenue from the sale of recreational and commercial boats. The Company’s products were sold domestically and internationally. The Company does not separate sales activities into different operating segments.

Recently issued accounting pronouncements
Recently issued accounting pronouncements

There were accounting standards and interpretations issued during the three months ended July 31, 2012, none of which are expected to have a material impact on the Company’s financial position, operations or cash flows.

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_BasicAndDilutedNetLossPerShareTextBlock

Namespace Prefix: MIHI_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).

+ References

No definition available.

+ Details

Name: us-gaap_BasisOfAccountingPolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for comprehensive income.

+ References

No definition available.

+ Details

Name: us-gaap_ComprehensiveIncomePolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for credit risk.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 825

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6480020&loc=d3e61044-112788

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number SOP94-6-1

-Paragraph 7, 11

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 113

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 55

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6875567&loc=d3e14537-108613

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 825

-Section 55

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6487554&loc=d3e32600-158583

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 55

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6875567&loc=d3e14489-108613

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 15A

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 01-6

-Paragraph 14

-Subparagraph m

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 21

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 20

-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13531-108611

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 825

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6480020&loc=d3e61082-112788

+ Details

Name: us-gaap_ConcentrationRiskCreditRisk

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for its derivative instruments and hedging activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph n

-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 39

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41675-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(n))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Name: us-gaap_DerivativesPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for determining the fair value of financial instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2155942

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 107

-Paragraph 8, 10, 12, 13, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_FairValueOfFinancialInstrumentsPolicy

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-URI http://asc.fasb.org/subtopic&trid=2144439

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 4, 11-23, 26, 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-URI http://asc.fasb.org/subtopic&trid=2144471

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 7-18, 22

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2126999

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Financial Reporting Release (FRR)

-Number 206

-Paragraph b

-Subparagraph i, ii

-Chapter 2

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Paragraph 3, 5-10, 15, 16, 17

-Chapter 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 81-1

-Paragraph 69-75

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6386783&loc=d3e4556-108314

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6(b))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section A

-Paragraph 9

-Chapter 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6386783&loc=d3e4492-108314

+ Details

Name: us-gaap_InventoryPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of the adoption of new accounting pronouncements that may impact the entity's financial reporting.

+ References

No definition available.

+ Details

Name: us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2155824

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 22

-Paragraph 12, 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 34

-Paragraph 8, 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph a

-Article 5

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section C

-Paragraph 5

-Chapter 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 7

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_PropertyPlantAndEquipmentPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2196772

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 01-6

-Paragraph 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3-5

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 114

-Paragraph 20

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 92-5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 20

-URI http://asc.fasb.org/subtopic&trid=2196816

+ Details

Name: us-gaap_ReceivablesPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.B.Q1)

-URI http://asc.fasb.org/extlink&oid=6600647&loc=d3e214044-122780

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 22

-Paragraph 8, 12, 13

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18823-107790

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18726-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section B

-Paragraph Question 1

+ Details

Name: us-gaap_RevenueRecognitionPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2228939

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 06-11

-Paragraph 7

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (b),(f)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 94-6

-Paragraph 11, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6143-108592

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6132-108592

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6061-108592

+ Details

Name: us-gaap_UseOfEstimates

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 37 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6

9. SHAREHOLDERS' LOANS
3 Months Ended

Jul. 31, 2012

Text Block [Abstract]

9. SHAREHOLDERS' LOANS

At July 31, 2012, Shareholders' loans consisted of the following:

Daniel Medina, President & Director $ 533,283

Madhava Rao Mankal, Chief Financial Officer & Director 495,275

Total $1,028,558

Shareholder’s loan from shareholder of the Company, unsecured, 10% interest per annum, due on demand.

X

- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, 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.

+ References

No definition available.

+ Details

Name: us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_TextBlockAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 38 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6

7. CUSTOMER DEPOSIT
3 Months Ended

Jul. 31, 2012

Notes to Financial Statements

7. CUSTOMER DEPOSIT

Deposit from customers at the end of quarter ended July 31, 2012 consists of the following:

Deposit for commercial boats $ 339,970

Deposit for recreational boats 20,500

Total $ 360,470

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_CustomerDepositTextBlock

Namespace Prefix: MIHI_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: MIHI_NotesToFinancialStatementsAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 39 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6

8. NOTE PAYABLE
3 Months Ended

Jul. 31, 2012

Debt Disclosure [Abstract]

8. NOTE PAYABLE

Deposit from customers at the end of quarter ended July 31, 2012 consists of the following:

Notes payable - related party
$ 50,000

Notes payable - others 110,500

Total $ 160,500

At July 31, 2012, the Company had an unsecured note payable to Mr. Srikrishna Mankal, son of Madhava Rao Mankal, CFO of the Company, in the amount of $50,000, which bears an 8% interest repayable. Interest accrued to date $14,000.

At July 31, 2012, the Company had an unsecured convertible note payable with an unrelated party in the amount of $90,500, which bears at 8-22% interest and is currently due. The note is convertible at the holders' option (principal & interest) in full or part into common stock at 60% of the average of the three lowest market bid prices on the Company’s common stock from the previous 10 days’ quotes. The Company recognized a $95,000 beneficial conversion expense during the year ended April 30, 2012 with an offset to additional paid in capital.

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19,20,22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19, 20, 22

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_DebtDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 40 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6

10. STOCKHOLDERS' EQUITY
3 Months Ended

Jul. 31, 2012

Equity [Abstract]

10. STOCKHOLDERS' EQUITY

During the quarter ended July 31, 2012, the Company did not issue any shares of its common stock.

X

- Details

Name: us-gaap_EquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 43

-Section B

-Paragraph 7, 11A

-Chapter 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph d

-Article 4

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 20: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 2, 3, 4, 5, 6, 7, 8

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 21: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 22: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 23: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Article 4

+ Details

Name: us-gaap_StockholdersEquityNoteDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 41 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6

4. FIXED ASSETS (Tables)
3 Months Ended

Jul. 31, 2012

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment Cost

Machinery and equipment; including molds & tools $672,502

Computers 13,535

Furniture & fixture 2,537

Office equipments 4540

Fire Extinguisher 500

Intangible Assets 71,575

Total Property and Equipment 765,189

Less accumulated depreciation (465,742)

Fixed Assets, Net $299,447

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_PropertyAndEquipmentTextBlock

Namespace Prefix: MIHI_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 42 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6

4. FIXED ASSETS (Details) (USD $)

Jul. 31, 2012

Property and Equipment

Machinery and equipment; including molds & tools $ 672,502

Computers 13,535

Furniture & fixture 2,537

Office equipments 4,540

Fire Extinguisher 500

Intangible Assets 71,575

Total Property and Equipment 765,189

Less accumulated depreciation (465,742)

Fixed Assets, Net $ 299,447

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_Computers

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_FireExtinguisher

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_FixedAssetsNet

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_LessAccumulatedDepreciation

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_MachineryAndEquipmentIncludingMoldsTools

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_OfficeEquipments

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_TotalPropertyAndEquipment

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The aggregate amount assigned to a major class of finite-lived intangible assets acquired either individually or as part of a group of assets (in either an asset acquisition or business combination). A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=7658586&loc=d3e16265-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 44

-Subparagraph a(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_AcquiredFiniteLivedIntangibleAssetAmount

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Gross amount, at the balance sheet date, of long-lived, depreciable assets commonly used in offices and stores. Examples include desks, chairs, and store fixtures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name: us-gaap_FurnitureAndFixturesGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 43 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6

Consolidated Statements of Shareholders' Equity (Unaudited) (USD $)

Common Stock

Preferred Stock Series A

Preferred Stock Series B

Additional Paid-In Capital

Retained Earnings / Accumulated Deficit

Total

Beginning Balance, Amount at Apr. 30, 2012 $ 5,589 $ 360,000 $ 20,000 $ 4,880,270 $ (7,256,062) $ (1,990,203)

Beginning Balance, Shares at Apr. 30, 2012 55,890,117 30 20

Net income 17,022 17,022

Ending Balance, Amount at Jul. 31, 2012 $ 5,589 $ 360,000 $ 20,000 $ 4,880,270 $ (7,239,040) $ (1,973,181)

Ending Balance, Shares at Jul. 31, 2012 55,890,117 30 20

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

+ Details

Name: us-gaap_SharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A3

-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

+ Details

Name: us-gaap_StockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 44 R10.htm IDEA: XBRL DOCUMENT v2.4.0.6

4. FIXED ASSETS
3 Months Ended

Jul. 31, 2012

Property, Plant and Equipment [Abstract]

4. FIXED ASSETS

As of July 31, 2012, fixed assets consisted of the following:

Property and Equipment Cost

Machinery and equipment; including molds & tools $672,502

Computers 13,535

Furniture & fixture 2,537

Office equipments 4540

Fire Extinguisher 500

Intangible Assets 71,575

Total Property and Equipment 765,189

Less accumulated depreciation (465,742)

Fixed Assets, Net $299,447

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13-14)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230

+ Details

Name: us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 45 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6

5. SHORT-TERM DEBT (Details) (USD $)

Jul. 31, 2012

Short-Term Debt Details

Citi bank $ 94,886

Wells Fargo bank 8,000

Credit Cards 22,379

Total Short Term debt $ 125,265

X

- Details

Name: MIHI_ShorttermDebtAbstract

Namespace Prefix: MIHI_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_ShortTermDebtCitiBank

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_ShortTermDebtCreditCards

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: MIHI_ShortTermDebtWellsFargoBank

Namespace Prefix: MIHI_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying value as of the balance sheet date of the sum of short-term debt and current maturities of long-term debt and capital lease obligations, which are due within one year (or one business cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19,20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 19

-Article 5

+ Details

Name: us-gaap_DebtCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 46 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 22 154 1 false 5 0 false 4 false false R1.htm 0001 - Document - Document and Entity Information Sheet http://medinaih.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 0002 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) Sheet http://medinaih.com/role/ConsolidatedBalanceSheets CONSOLIDATED BALANCE SHEETS (Unaudited) false false R3.htm 0003 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://medinaih.com/role/ConsolidatedBalanceSheetsParenthetical CONSOLIDATED BALANCE SHEETS (Parenthetical) false false R4.htm 0004 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Sheet http://medinaih.com/role/ConsolidatedStatementsOfOperations CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) false false R5.htm 0005 - Statement - Consolidated Statements of Shareholders' Equity (Unaudited) Sheet http://medinaih.com/role/ConsolidatedStatementsOfShareholdersEquity Consolidated Statements of Shareholders' Equity (Unaudited) false false R6.htm 0006 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Sheet http://medinaih.com/role/ConsolidatedStatementsOfCashFlows CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) false false R7.htm 0007 - Disclosure - 1. BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Sheet http://medinaih.com/role/BusinessBasisOfPresentationAndSignificantAccountingPolicies 1. BUSINESS, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES false false R8.htm 0008 - Disclosure - 2. SUMMARY OF ACCOUNTING POLICIES Sheet http://medinaih.com/role/SummaryOfAccountingPolicies 2. SUMMARY OF ACCOUNTING POLICIES false false R9.htm 0009 - Disclosure - 3. INVENTORY Sheet http://medinaih.com/role/Inventory 3. INVENTORY false false R10.htm 0010 - Disclosure - 4. FIXED ASSETS Sheet http://medinaih.com/role/FixedAssets 4. FIXED ASSETS false false R11.htm 0011 - Disclosure - 5. SHORT-TERM DEBT Sheet http://medinaih.com/role/Short-TermDebt 5. SHORT-TERM DEBT false false R12.htm 0012 - Disclosure - 6. RELATED PARTY TRANSACTIONS Sheet http://medinaih.com/role/RelatedPartyTransactions 6. RELATED PARTY TRANSACTIONS false false R13.htm 0013 - Disclosure - 7. CUSTOMER DEPOSIT Sheet http://medinaih.com/role/CustomerDeposit 7. CUSTOMER DEPOSIT false false R14.htm 0014 - Disclosure - 8. NOTE PAYABLE Sheet http://medinaih.com/role/NotePayable 8. NOTE PAYABLE false false R15.htm 0015 - Disclosure - 9. SHAREHOLDERS' LOANS Sheet http://medinaih.com/role/ShareholdersLoans 9. SHAREHOLDERS' LOANS false false R16.htm 0016 - Disclosure - 10. STOCKHOLDERS' EQUITY Sheet http://medinaih.com/role/StockholdersEquity 10. STOCKHOLDERS' EQUITY false false R17.htm 0017 - Disclosure - 11. COMMITMENTS AND CONTINGENCIES Sheet http://medinaih.com/role/CommitmentsAndContingencies 11. COMMITMENTS AND CONTINGENCIES false false R18.htm 0018 - Disclosure - 12. SUBSEQUENT EVENTS Sheet http://medinaih.com/role/SubsequentEvents 12. SUBSEQUENT EVENTS false false R19.htm 0019 - Disclosure - 2. SUMMARY OF ACCOUNTING POLICIES (Policies) Sheet http://medinaih.com/role/SummaryOfAccountingPoliciesPolicies 2. SUMMARY OF ACCOUNTING POLICIES (Policies) false false R20.htm 0020 - Disclosure - 3. INVENTORY (Tables) Sheet http://medinaih.com/role/InventoryTables 3. INVENTORY (Tables) false false R21.htm 0021 - Disclosure - 4. FIXED ASSETS (Tables) Sheet http://medinaih.com/role/FixedAssetsTables 4. FIXED ASSETS (Tables) false false R22.htm 0022 - Disclosure - 5. SHORT-TERM DEBT (Tables) Sheet http://medinaih.com/role/Short-TermDebtTables 5. SHORT-TERM DEBT (Tables) false false R23.htm 0023 - Disclosure - 7. CUSTOMER DEPOSIT (Tables) Sheet http://medinaih.com/role/CustomerDepositTables 7. CUSTOMER DEPOSIT (Tables) false false R24.htm 0024 - Disclosure - 8. NOTE PAYABLE (Tables) Sheet http://medinaih.com/role/NotePayableTables 8. NOTE PAYABLE (Tables) false false R25.htm 0025 - Disclosure - 3. INVENTORY (Details) Sheet http://medinaih.com/role/InventoryDetails 3. INVENTORY (Details) false false R26.htm 0026 - Disclosure - 4. FIXED ASSETS (Details) Sheet http://medinaih.com/role/FixedAssetsDetails 4. FIXED ASSETS (Details) false false R27.htm 0027 - Disclosure - 5. SHORT-TERM DEBT (Details) Sheet http://medinaih.com/role/Short-TermDebtDetails 5. SHORT-TERM DEBT (Details) false false R28.htm 0028 - Disclosure - 7. CUSTOMER DEPOSIT (Details) Sheet http://medinaih.com/role/CustomerDepositDetails 7. CUSTOMER DEPOSIT (Details) false false R29.htm 0029 - Disclosure - 8. NOTE PAYABLE (Details) Sheet http://medinaih.com/role/NotePayableDetails 8. NOTE PAYABLE (Details) false false R30.htm 0030 - Disclosure - 9. SHAREHOLDERS' LOANS (Details) Sheet http://medinaih.com/role/ShareholdersLoansDetails 9. SHAREHOLDERS' LOANS (Details) false false R31.htm 0031 - Disclosure - 5. SHORT-TERM DEBT (Details Narrative) Sheet http://medinaih.com/role/Short-TermDebtDetailsNarrative 5. SHORT-TERM DEBT (Details Narrative) false false All Reports Book All Reports Process Flow-Through: 0002 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) Process Flow-Through: Removing column 'Apr. 30, 2012' Process Flow-Through: Removing column 'Jul. 31, 2011' Process Flow-Through: 0003 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Process Flow-Through: 0004 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Process Flow-Through: 0006 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) mihi-20120731.xml mihi-20120731.xsd mihi-20120731_cal.xml mihi-20120731_def.xml mihi-20120731_lab.xml mihi-20120731_pre.xml true true XML 47 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6

3. INVENTORY (Tables)
3 Months Ended

Jul. 31, 2012

Inventory Disclosure [Abstract]

Inventory

Inventory Cost

Parts $ 0

Work-in-Progress 99,640

Finished Goods 0

Total Inventory $ 99,640

X

- Details

Name: us-gaap_InventoryDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

+ Details

Name: us-gaap_ScheduleOfInventoryCurrentTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

7. CUSTOMER DEPOSIT (Details) (USD $)	Jul. 31, 2012
Customer Deposit Details
Deposit for commercial boats	$ 339,970
Deposit for recreational boats	20,500
Total	$ 360,470

9. SHAREHOLDERS' LOANS (Details) (USD $)	Jul. 31, 2012
Shareholders Loans Details
Daniel Medina, President & Director	$ 533,283
Madhava Rao Mankal, Chief Financial Officer & Director	495,275
Total	$ 1,028,558

5. SHORT-TERM DEBT (Details Narrative) (USD $)	3 Months Ended
5. SHORT-TERM DEBT (Details Narrative) (USD $)	Jul. 31, 2012
Short-Term Debt Details Narrative
Line of Credit	$ 100,000
Line of Credit Interest Rate	8.75%
Outstanding Balance on Line of Credit	$ 94,886

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Jul. 31, 2012	Apr. 30, 2011
ASSETS
Cash	$ 31,569	$ 0
Receivables	237,718	237,718
Reserve	(237,718)	(237,718)
Total receivables
Inventory	99,640	224,566
Total current assets	131,209	224,566
Property & Equipment	765,189	753,332
Accumulated depreciation	(465,742)	(441,206)
Total Property & Equipment	299,447	312,126
Other Assets:
Prepaid Expenses and deposits	9,468	9,468
TOTAL ASSETS	440,124	546,160
LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)
Accounts payable	621,686	684,678
Accrued liabilities	116,326	458,947
Short term debt	125,265	132,614
Bank overdraft		192
Customer Deposit	360,470	428,891
Stock committed to be issued	500
Notes payable	110,500	90,500
Related party payable	50,000	57,500
Related Parties - short-term	1,028,558	683,041
Total current liabilities	2,413,305	2,536,363
Total Liabilities	2,413,305	2,536,363
Stockholders' equity (deficit):
Series A preferred stock, $0.01 par value, 50 shares authorized, 30 shares issued and outstanding	360,000	360,000
Series B preferred stock, $0.001 par value, 100 shares authorized, 20 shares issued and outstanding	20,000	20,000
Common stock, $0.0001 par value, 500,000,000 shares authorized, 55,890,117 shares issued and outstanding respectively	5,589	5,589
Additional paid-in capital	4,880,270	4,880,270
Accumulated deficit	(7,239,040)	(7,256,062)
Total shareholders' equity (deficit)	(1,973,181)	(1,990,203)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)	$ 440,124	$ 546,160

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
Cash flows from operating activities:
Net loss	$ 17,022	$ (432,130)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock expenses	500	245,000
Depreciation expenses	24,536	41,854
Write-off of fixed assets
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable		(20,053)
(increase) decrease in other receivable		(2,108)
(Increase) decrease in inventory	124,926	35,486
Increase (decrease) in accounts payable	(62,992)	117,913
Increase (decrease) in accrued liabilities	3,445	73,205
Increase (decrease) in customer deposits	(68,421)	(147,695)
(Increase) decrease in prepaid expenses
Total adjustments	21,994	343,602
Net cash (used) received in operating activities	39,016	(88,528)
Cash flows from investing activities:
Purchase of property and equipment	(11,857)
Total cash flow used in investing activities	(11,857)
Cash flows from financing activities:
Bank overdraft	(192)
Proceeds (payment) from note payable	20,000	86,797
Proceeds (payments) from related party notes payables	(7,500)	(6,401)
Proceeds (payments) from related party notes payables shareholders	(549)
Proceeds (payment) from Lines of Credit & Credit Cards	(7,349)	(4,505)
Proceeds from stock subscription
Total cash flow provided (used) by financing activities	4,410	75,891
Net increase (decrease) in cash and cash equivalents	31,569	(12,637)
Cash and cash equivalents - beginning of period		0
Cash and cash equivalents - end of period	31,569	4,716
Supplemental disclosure of cash flow information:
Interest Paid	15,570	17,012
Taxes paid
Supplemental schedule of noncash investing and financing activities
Stock issued for services	$ 30,513	$ 245,000

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jul. 31, 2012	Apr. 30, 2011
Statement of Financial Position [Abstract]
Preferred Stock Series A shares Authorized	50	50
Preferred Stock Series A shares par value	$ 0.01	$ 0.01
Preferred stock Series A, issued shares	30	30
Preferred stock Series A, outstanding shares	30	30
Preferred Stock Series B shares Authorized	100	100
Preferred Stock Series B shares par value	$ 0.001	$ 0.001
Preferred stock Series B , issued shares	20	20
Preferred stock Series B , outstanding shares	20	20
Common Stock shares Authorized	500,000,000	500,000,000
Common Stock shares par value	$ 0.0001	$ 0.0001
Common Stock shares Issued	55,890,117	55,890,117
Common Stock shares Outstanding	55,890,117	55,890,117

Document and Entity Information	3 Months Ended
Document and Entity Information	Jul. 31, 2012	Aug. 25, 2012
Document And Entity Information
Entity Registrant Name	MEDINA INTERNATIONAL HOLDINGS, INC.
Entity Central Index Key	0001093248
Document Type	10-Q
Document Period End Date	Jul. 31, 2012
Amendment Flag	false
Current Fiscal Year End Date	--04-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		55,890,117
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2012

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended
	Jul. 31, 2012	Jul. 31, 2011
Income Statement [Abstract]
Sales, net	$ 642,755	$ 300,662
Cost of Goods Sold	463,426	177,292
Gross Profit (Loss)	179,329	123,370
General and administrative expenses	105,500	477,290
Selling and marketing expenses	41,237	26,198
Write-off of assets
Income (Loss) from operations	32,592	(380,118)
Other income (expense)
Interest expense	(15,570)	(52,012)
Net other Income (Loss)	(15,570)	(52,012)
Net Income (loss)	$ 17,022	$ (432,130)
Net loss per share (Medina International Holdings, Inc.):
Basic	$ 0.00	$ (0.01)
Diluted	$ 0.00	$ (0.01)
Weighted average number of shares outstanding:
Basic	55,890,117	51,208,323
Diluted	55,890,117	51,208,323

4. FIXED ASSETS (Details) (USD $)	Jul. 31, 2012
Property and Equipment
Machinery and equipment; including molds & tools	$ 672,502
Computers	13,535
Furniture & fixture	2,537
Office equipments	4,540
Fire Extinguisher	500
Intangible Assets	71,575
Total Property and Equipment	765,189
Less accumulated depreciation	(465,742)
Fixed Assets, Net	$ 299,447

Consolidated Statements of Shareholders' Equity (Unaudited) (USD $)	Common Stock	Preferred Stock Series A	Preferred Stock Series B	Additional Paid-In Capital	Retained Earnings / Accumulated Deficit	Total
Beginning Balance, Amount at Apr. 30, 2012	$ 5,589	$ 360,000	$ 20,000	$ 4,880,270	$ (7,256,062)	$ (1,990,203)
Beginning Balance, Shares at Apr. 30, 2012	55,890,117	30	20
Net income					17,022	17,022
Ending Balance, Amount at Jul. 31, 2012	$ 5,589	$ 360,000	$ 20,000	$ 4,880,270	$ (7,239,040)	$ (1,973,181)
Ending Balance, Shares at Jul. 31, 2012	55,890,117	30	20

5. SHORT-TERM DEBT (Details) (USD $)	Jul. 31, 2012
Short-Term Debt Details
Citi bank	$ 94,886
Wells Fargo bank	8,000
Credit Cards	22,379
Total Short Term debt	$ 125,265