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

INTANGIBLE ASSETS

v3.5.0.2
INTANGIBLE ASSETS
 3 Months Ended
Aug. 31, 2016
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]
Note 8 – Intangible Assets

Intangible assets consisted of the following at August 31, 2016 and May 31, 2016.

 
  
August 31,
    
May 31,
  
 
  
2016
    
2016
  
Domain name
  
$
2,158
    
$
2,158
  
 
    
2,158
      
2,158
  
Less: accumulated amortization
    
(504
)
    
(396
)
Intangible assets, net
  
$
1,654
    
$
1,762
  

Total amortization expense charged to operations was $108 and $108 for the three ended August 31, 2016 and 2015, respectively.  The domain name is being amortized over a period of 60 months.