Quarterly report pursuant to Section 13 or 15(d)

Investment Held For Sale

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Investment Held For Sale
3 Months Ended
Mar. 31, 2012
Investment Held For Sale [Abstract]  
Investment Held For Sale

Note 5 - Investment Held for Sale

 

As all of TAL’s nursery capabilities have since been transferred to the Company’s other operations in Tizimin, Mexico and the Company is in the process of selling the land. The net assets have been reclassified as Investment Held for Sale at March 31, 2012 and at December 31, 2011; the promissory notes are netted against the net assets. The Net Assets, measured at fair value as of March 31, 2012 were $565,473 Belize Dollars (US $297,133 based on exchange rates in effect at March 31, 2012).