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Note 10 - Franchise Fee Revenue Recognition
9 Months Ended
Nov. 30, 2012
Revenue Recognition, Services, Franchise Fees [Policy Text Block]
NOTE 10 – FRANCHISE FEE REVENUE RECOGNITION

Franchise fee revenue is recognized upon the opening of a franchise location.  During the six months ended August 31, 2011 four Aspen Leaf Yogurt franchise locations opened and $78,500 of franchise fee revenue was recognized associated with these openings.  During the three months ended November 30, 2011 the franchise fee for Aspen Leaf Yogurt was reduced and a decrease to revenue of $54,500 was recorded associated with locations previously opened during the six months ended August 31, 2011.  The change to ALY franchise fees was the result of the Company’s continued evaluation of the self serve yogurt franchise environment and its desire to remain competitive among many franchise offerings.  There was no change to the Rocky Mountain Chocolate Factory franchise fee or the Company’s franchise fee revenue recognition policy.