Note 2 - Principles of Consolidation	9 Months Ended
Feb. 29, 2016
Notes
Note 2 - Principles of Consolidation	NOTE 2 – PRINCIPLES OF CONSOLIDATION The unaudited interim financial statements of the Company and the Company's subsidiaries (see Note 1) for the three months and nine months ended February 29, 2016 and February 28, 2015 have been prepared pursuant to the rules & regulations of the SEC. Certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations; however the Company believes that the following disclosures are adequate to make the information presented not misleading. All significant intercompany balances and transactions have been eliminated. The functional currency for the majority of the Company's operations is in Chinese Renminbi ("RMB"), while the reporting currency is U.S. Dollar. In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation of the Company's financial position as of February 29, 2016, the results of its operations and cash flows for the three months and nine months ended February 29, 2016 and February 28, 2015. The results of operations for the three months and nine months ended February 29, 2016 are not necessarily indicative of the results for a full year period.

Note 2 - Principles of Consolidation

9 Months Ended

Feb. 29, 2016

NOTE 2 – PRINCIPLES OF CONSOLIDATION

The unaudited interim financial statements of the Company and the Company's subsidiaries (see Note 1) for the three months and nine months ended February 29, 2016 and February 28, 2015 have been prepared pursuant to the rules & regulations of the SEC. Certain information and disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations; however the Company believes that the following disclosures are adequate to make the information presented not misleading. All significant intercompany balances and transactions have been eliminated. The functional currency for the majority of the Company's operations is in Chinese Renminbi ("RMB"), while the reporting currency is U.S. Dollar.

In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments, consisting only of normal recurring accruals, necessary for a fair presentation of the Company's financial position as of February 29, 2016, the results of its operations and cash flows for the three months and nine months ended February 29, 2016 and February 28, 2015.

The results of operations for the three months and nine months ended February 29, 2016 are not necessarily indicative of the results for a full year period.

REDtone Asia Inc 10-Q