Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
 9 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Cash Flows from Operating Activities:    
Net Income (Loss) $ 495,131 $ (967,260)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 147,677 183,429
Bad debt expense 19,201  
(Gain) loss on sale of securities (815) 14,386
Deferred income taxes 297,693 (363,099)
Change in Operating Assets and Liabilities:    
(Increase) in accounts receivable (2,040,761) (277,634)
(Increase) decrease in inventory (69,205) 30,958
Decrease (increase) in insurance claim receivable 361,639 (384,925)
Decrease in prepaid expenses and miscellaneous receivables 384,395 83,556
Decrease in prepaid income taxes 25,861 (830,599)
Decrease in other assets 12,500  
(Decrease) increase in accounts payable and accrued liabilities (729,006) 1,267,680
Increase (decrease) in income taxes payable 22,500 (147,153)
Net Cash (Used in) Operating Activities (1,073,190) (1,390,661)
Cash Flows from Investing Activities:    
Acquisition of property, plant and equipment (139,168) (80,414)
Purchase of marketable securities (1,193,419) (9,157,181)
Proceeds from sale or maturity of marketable securities 3,516,000 14,367,992
Net Cash Provided by Investing Activities 2,183,413 5,130,397
Cash Flows from Financing Activities:    
Payments of capital lease obligation (14,034) (40,443)
Dividends paid (1,481,433) (1,481,433)
Net Cash (Used in) Financing Activities (1,495,467) (1,521,876)
Net (Decrease) Increase in Cash (385,244) 2,217,860
Cash and Cash Equivalents at Beginning of Period 8,064,255 7,844,369
Cash and Cash Equivalents at End of Period 7,679,011 10,062,229
Cash paid during the period for:    
Interest 703 3,499
Income taxes 2,690 1,422,836
Schedule of Non Cash Financing Activities:    
Dividends declared $ 1,481,433 $ 1,481,433