ACCOUNTS PAYABLE AND ACCRUED EXPENSES

12 Months Ended

May 31, 2012

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

4.    ACCOUNTS PAYABLE AND ACCRUED EXPENSES

The Company’s accounts payable and accrued expense balances consist of the following at May 31:

		2012		2011
Accounts payable	$	187,618	$	246,346
Accrued expenses		40,036		127,156
Deferred rent		74,855		73,517
Income taxes payable		59,938		--
Other		--		4,550
Accounts payable and accrued expenses, Total	$	362,447	$	451,569