NOTE 4. BASIS OF PRESENTATION
The interim financial data contained in this Report is unaudited; however in the opinion of management, the interim data includes all adjustments, consisting of normal recurring adjustments, necessary for a fair statement of the results for the interim period. The financial statements included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations, although the Company believes that the disclosures included herein are adequate to make the information presented not misleading. The results of operations in interim periods are not necessarily indicative of the results that may be expected for the full year.
Information regarding the organization and business of the Company, accounting policies followed by the Company and other important information is contained in the notes to the Company''s financial statements included in the Company''s Annual Report on Form 10-K for the fiscal year ended May 31, 2012. This quarterly report should be read in conjunction with our annual report.