Note 8 - Related Party Transactions

6 Months Ended

May. 31, 2015

lated Party Transactions

During the second quarter of fiscal 2015 the Company recognized revenues of $15,718 for transactions with a related party, compared to $9,240 in the second quarter of fiscal 2014. The accounts receivable balance as of May 31, 2015 contains $15,718 due from a related party.

- 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.

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