Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Nov. 30, 2017
Nov. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (3,091,283) $ (1,740,528)
Adjustments to reconcile net loss to net cash used in operating activities:    
Imputed interest 539 539
Change in fair value of derivative 174,090 (148,266)
Loss on modification of debt 29,145 33,334
(Gain) loss on note exchange 404,082 0
Loss on extinguishment of debt 989,032 0
Gain on settlement of debt (3,480) 0
Amortization of debt discounts 572,856 889,392
Amortization of deferred financing costs 3,119 0
Depreciation and amortization expense 662 662
Changes in assets and liabilities:    
Other assets 50,000 0
Prepaid expenses (25,000) (16,049)
Other current assets (39,500) 0
Accounts payable and accrued expenses 383,583 135,976
Accrued compensation 112,500 75,000
Due to related parties 0 251
Accrued interest, related party 52,281 80,311
Deferred rent (49,565) 0
Accrued interest 12,189 1,545
Net cash used in operating activities (424,750) (687,833)
CASH FLOWS FROM INVESTING ACTIVITIES    
Payment for construction in progress 0 (35,013)
Net cash used in investing activities 0 (35,013)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from related party convertible notes payable 0 150,000
Proceeds from related party notes payable 275,629 621,000
Proceeds from convertible notes 330,000 0
Principal payments on related party notes payable 0 (61,000)
Repayments of convertible notes payable 0 (50,000)
Net cash provided by financing activities 605,629 660,000
Net increase in cash and cash equivalents 180,879 (62,846)
Cash and cash equivalents at beginning of period 78,310 88,244
Cash and cash equivalents at end of period 259,189 25,398
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Convertible note issued for unpaid accrued salary 75,000 250,000
Related party notes payable reclassified as related party convertible notes payable 873,996 222,750
Note payable exchanged for common stock 936,478 0
Beneficial conversion feature on convertible notes payable 508,988 518,720
Shares issued for settlement of accounts payable 6,000 0
Extinguishment of debt 0 254,114
Discount on convertible notes payable due to derivative $ 802,381 $ 0