Liquidity and Capital Resources	9 Months Ended
Feb. 29, 2012
Liquidity And Capital Resources [Abstract]
Liquidity And Capital Resources Disclosure [Text Block]	NOTE 7 – Liquidity and Capital Resources The Company has incurred losses of approximately $1,296,000 and $155,000 for the nine months ended February 29, 2012 and February 28, 2011, respectively. At February 29, 2012, the Company had cash and cash equivalents of approximately $940,000, a working capital deficit of approximately $8,016,000 and an accumulated deficit of approximately $4,184,000. Our existing credit facility (see Note 6) with Sovereign Bank expires on December 31, 2012 and we are currently exploring new financing opportunities. If we are unable to secure a new credit facility or generate sufficient cash flow from operations to service our commitments, we will be required to adopt alternatives, such as seeking equity capital in order to fund our current liabilities, operations and product development initiatives. There can be no assurance that such actions will be available in general or on terms acceptable to the Company.

Liquidity and Capital Resources

9 Months Ended

Feb. 29, 2012

Liquidity And Capital Resources [Abstract]

Liquidity And Capital Resources Disclosure [Text Block]

NOTE 7 – Liquidity and Capital Resources

The Company has incurred losses of approximately $1,296,000 and $155,000 for the nine months ended February 29, 2012 and February 28, 2011, respectively. At February 29, 2012, the Company had cash and cash equivalents of approximately $940,000, a working capital deficit of approximately $8,016,000 and an accumulated deficit of approximately $4,184,000.

Our existing credit facility (see Note 6) with Sovereign Bank expires on December 31, 2012 and we are currently exploring new financing opportunities. If we are unable to secure a new credit facility or generate sufficient cash flow from operations to service our commitments, we will be required to adopt alternatives, such as seeking equity capital in order to fund our current liabilities, operations and product development initiatives. There can be no assurance that such actions will be available in general or on terms acceptable to the Company.

PEOPLES EDUCATIONAL HOLDINGS 10-Q