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
    
-
      
-