v2.4.1.9
GEOGRAPHICAL SEGMENTS
6 Months Ended
Nov. 30, 2015
Segments, Geographical Areas [Abstract]  
Segment Reporting Disclosure [Text Block]
NOTE 13 – GEOGRAPHICAL SEGMENTS
 
For the six (6) and three (3) months ended November 30, 2015 and 2014, the Company generated revenue in the U.S., Canada and the U.K. as follows:
 
 
 
For the Six Months Ended
 
For the Three Months Ended
 
 
 
November 30,
 
November 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
(Unaudited)
 
(Unaudited)
 
(Unaudited)
 
(Unaudited)
 
Revenue generated in the U.S.
 
$
70,711,418
 
$
61,290,063
 
$
36,952,097
 
$
30,965,896
 
Revenue generated in Canada
 
 
61,412
 
 
70,122
 
 
35,955
 
 
7,119
 
Revenue generated in the U.K.
 
 
6,460,622
 
 
4,317,137
 
 
4,361,882
 
 
2,129,306
 
Total Revenue
 
$
77,233,452
 
$
65,677,322
 
$
41,349,934
 
$
33,102,321
 
 
As of November 30, 2015 and May 31, 2015, the Company has assets in the U.S., Canada and U.K. as follows:
 
 
 
November 30,
 
May 31,
 
 
 
2015
 
2015
 
 
 
(Unaudited)
 
 
 
Total Assets in the U.S.
 
$
48,331,779
 
$
40,682,286
 
Total Assets in Canada
 
 
44,857
 
 
57,713
 
Total Assets in the U.K.
 
 
8,112,565
 
 
1,592,256
 
Total Assets
 
$
56,489,201
 
$
42,332,255
 
 
As of November 30, 2015 and May 31, 2015, the Company has liabilities in the U.S., Canada and U.K. as follows:
 
 
 
November 30,
 
May 31,
 
 
 
2015
 
2015
 
 
 
(Unaudited)
 
 
 
Total Liabilities in the U.S.
 
$
36,548,622
 
$
30,799,332
 
Total Liabilities in Canada
 
 
4,678
 
 
7,502
 
Total Liabilities in the U.K.
 
 
9,802,037
 
 
2,023,361
 
Total Liabilities
 
$
46,355,337
 
$
32,830,195