Quarterly report pursuant to Section 13 or 15(d)

Other Assets

v3.23.3
Other Assets
3 Months Ended
Aug. 31, 2023
Other Noncurrent Assets Disclosure Abstract  
Other Non-current Assets Disclosure [Text Block]

Note 12: Other Assets

 

Other assets included the following as of August 31, 2023 and May 31, 2023:

 

   

August 31,

   

May 31,

 
   

2023

   

2023

 

Construction deposit

  $ 58,175     $ -  

Security deposits

    157,500       157,500  
    $ 215,675     $ 157,500  

 

During the three months ended August 31, 2023, the Company paid a deposit in the amount of $58,175 for design and architectural work on construction planned for its Las Vegas lounge.