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

Intangible Assets (Tables)

v3.19.1
Intangible Assets (Tables)
6 Months Ended
Nov. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Intangible assets consisted of the following at November 30, 2018 and May 31, 2018.

November 30, 2018

                       
           

Accumulated

         
   

Gross

   

Amortization

   

Net

 

Intellectual Property

  $ 319,600     $ (13,317

)

  $ 306,283  

License & Customer Relations

    990,000       (20,624

)

    969,376  

Tradenames - Trademarks

    301,000       (12,542

)

    288,458  

Non-compete Agreements

    27,000       (5,626

)

    21,374  

Domain Names 

    4,482       (2,060

)

    2,422  

Total

  $ 1,642,082     $ (54,169

)

  $ 1,587,913  

May 31, 2018

                       
           

Accumulated

         
   

Gross

   

Amortization

   

Net

 

Intellectual Property

  $ -     $ -     $ -  

License & Customer Relations

    -       -       -  

Tradenames - Trademarks

    -       -

)

    -  

Non-compete Agreements

    -       -       -  

Domain names

    1,726       (828

)

    898  

Total

  $ 1,726     $ (828

)

  $ 898  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Total amortization expense charged to operations for the six months ended November 30, 2018 and 2017 was $52,364 and $216, respectively.

Amount to be amortized during the twelve months ended November 30, 

       

2019

  $ 127,120  

2020

    119,796  

2021

    111,560  

2022

    111,560  

2023

    111,560  

Thereafter

    1,006,317  
    $ 1,587,913