Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Property, Plant and Equipment

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Note 9 - Property, Plant and Equipment
3 Months Ended
Aug. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

Note 9 – Property, Plant and Equipment


Property, plant and equipment consisted of the following at August 31, 2018 and May 31, 2018.


   

August 31,

   

May 31,

 
   

2018

   

2018

 

Office equipment

    120,276       2,674  

Furniture and fixtures

    13,112       -  

Leasehold improvements

  $ 799,754     $ -  

Less: accumulated depreciation

    (27,509

)

    (2,674 )

Property, plant, and equipment, net

  $ 905,633     $ -  

During the three months ended August 31, 2018, the Company acquired property, plant, and equipment with an aggregate fair value of $933,142 with the acquisition of Alternative Solutions, LLC. See note 3.


Depreciation expense totaled $27,509 and $223 for the three months ended August 31, 2018 and 2017 respectively.