Annual report pursuant to Section 13 and 15(d)

NOTE 12 - INCOME TAXES (Tables)

v3.7.0.1
NOTE 12 - INCOME TAXES (Tables)
12 Months Ended
May 31, 2017
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,
 
   
2017
   
2016
 
Federal and state statutory rate
   
34
%
   
34
%
Net operating loss carry forwards
   
1,386,438
     
787,513
 
Valuation allowance for deferred tax assets
   
(1,386,438
)
   
(787,513
)
Net deferred tax assets
   
-
     
-