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

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
May 31, 2016
May 31, 2015
Revenue $ 0 $ 0
Cost of goods sold 0 0
Gross margin 0 0
Selling, general and administrative expenses 1,314,225 998,994
Professional fees 955,810 504,354
Total operating expenses 2,270,035 1,503,348
Operating loss (2,270,035) (1,503,348)
Other (income) expense:    
Interest expense 402,021 12,239
Change in fair value of derivative (61,757) 0
Total other expense 340,264 12,239
Income (Loss) before income taxes (2,610,299) (1,515,587)
Income tax expense 0 0
Net income (loss) $ (2,610,299) $ (1,515,587)
Net income (loss) per share - basic (in Dollars per share) $ (0.13) $ (0.24)
Net income (loss) per share - diluted (in Dollars per share) $ (0.13) $ (0.24)
Weighted average shares outstanding - basic (in Shares) 20,146,260 6,356,167
Weighted average shares outstanding - diluted (in Shares) 20,146,260 6,356,167