Annual report pursuant to Section 13 and 15(d)

NOTE 12 - STOCKHOLDERS??? EQUITY (Tables)

v3.10.0.1
NOTE 12 - STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
May 31, 2018
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes the significant terms of warrants outstanding at May 31, 2018. These warrants were granted as part of financing agreements. This table includes the 205,238 Unit Warrants:

               

Weighted

   

Weighted

           

Weighted

 
               

average

   

average

           

average

 

Range of

   

Number of

   

remaining

   

exercise

           

exercise

 

exercise

   

warrants

   

contractual

   

price of

   

Number of

   

price of

 

Prices

   

Outstanding

   

life (years)

   

outstanding Warrants

   

warrants Exercisable

   

exercisable Warrants

 
$ 0.75       2,825,988       3.33     $ 0.75       2,825,988     $ 0.75  
  0.60       1,875,000       4.96       0.60       1,875,000       0.60  
          4,700,988       3.98       0.69       4,700,988       0.69  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
Transactions involving warrants are summarized as follows:

   

Number of

Shares

   

Weighted

Average

Exercise

Price

 

Warrants outstanding at May 31, 2017

    -     $ -  

Granted

    4,700,988     $ 0.69  

Exercised

    -     $ -  

Cancelled / Expired

    -     $ -  

Warrants outstanding at May 31, 2018

    4,700,988     $ 0.69