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

INCOME TAXES (Tables)

v3.19.1
INCOME TAXES (Tables)
12 Months Ended
May 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
The tax effects of the temporary differences that give rise to the Company’s estimated deferred tax assets and liabilities are as follows:

   

May 31,

   

May 31,

 
   

2018

   

2017

 

Federal and state statutory rate

    34

%

    34

%

Net operating loss carry forwards

    2,790,481       1,386,438  

Valuation allowance for deferred tax assets

    (2,790,481

)

    (1,386,438

)

Net deferred tax assets

    -       -