Note 5 - Related Party Transactions	6 Months Ended
Nov. 30, 2012
Notes
Note 5 - Related Party Transactions	Note 5 – Related Party Transactions: During 2011, a Director of the Company loaned the Company an amount equal to $500. The loan carries no stated interest and due on demand. During 2012, a Director of the Company loaned the Company an amount equal to $5,060. The loan carries no stated interest and due on demand. In May 2012, a payment of $5,000 was applied to this account. The balance at August 31, 2012 was $560. During the period September 1, 2012 through November 30, 2012, a Director of the Company loaned the Company $351,020. The loan carries no stated interest and is due on demand. The balance of these related party transactions on November 30, 2012 was $356,580.

Note 5 - Related Party Transactions

6 Months Ended

Nov. 30, 2012

Note 5 – Related Party Transactions:

During 2011, a Director of the Company loaned the Company an amount equal to $500. The loan carries no stated interest and due on demand.

During 2012, a Director of the Company loaned the Company an amount equal to $5,060. The loan carries no stated interest and due on demand.

In May 2012, a payment of $5,000 was applied to this account. The balance at August 31, 2012 was $560.

During the period September 1, 2012 through November 30, 2012, a Director of the Company loaned the Company $351,020. The loan carries no stated interest and is due on demand.

The balance of these related party transactions on November 30, 2012 was $356,580.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-Section 50

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

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-Subparagraph (SX 210.4-08.(k))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph b

-Article 3A

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Article 4

+ Details

RAINBOW INTERNATIONAL, CORP. 10-Q/A