General form of registration statement for all companies including face-amount certificate companies

Intangible Assets (Tables)

v3.10.0.1
Intangible Assets (Tables)
3 Months Ended
Aug. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Intangible assets consisted of the following at August 31, 2018 and May 31, 2018.

August 31, 2018  
           

Accumulated

         
   

Gross

   

Amortization

   

Net

 

Intellectual Property

  $ 319,600     $ (5,327

)

  $ 314,273  

License & Customer Relations

    990,000       (8,250

)

    981,750  

Tradenames - Trademarks

    301,000       (5,017

)

    295,983  

Non-compete Agreements

    27,000       (2,250

)

    24,750  

Domain Names

    4,482       (1,913

)

    2,569  

Total

  $ 1,642,082     $ (22,757

)

  $ 1,619,325  
May 31, 2018  
           

Accumulated

         
   

Gross

   

Amortization

   

Net

 

Intellectual Property

  $ -     $ -     $ -  

License & Customer Relations

    -       -       -  

Domain name

    1,726       (828

)

    898  

Non-compete Agreements

    -       -       -  

Goodwill

    -       -       -  

Total

  $ 1,726     $ (828

)

  $ 898  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Amount to be amortized during the twelve months ended August 31,

Amount to be amortized during the twelve months ended August 31, 

       

2019

  $ 126,973  

2020

    123,466  

2021

    111,560  

2022

    111,560  

2023

    111,560  

Thereafter

    1,034,206  
    $ 1,619,325