CONCENTRATIONS OF CREDIT RISK

3 Months Ended

Aug. 31, 2015

Risks and Uncertainties [Abstract]

CONCENTRATIONS OF CREDIT RISK

10. CONCENTRATIONS OF CREDIT RISK

Cash

The Company maintains principally all cash balances in two financial institutions which, at times, may exceed the amount insured by the Federal Deposit Insurance Corporation. The exposure to the Company is solely dependent upon daily bank balances and the respective strength of the financial institutions. The Company has not incurred any losses on these accounts.

Net Sales

Major customers for the three months ended August 31, 2015 and 2014 are set forth in the table below. 

	Three Months Ended August 31,
	2015			2014
Customer 1		60	%		100	%
Customer 2		40	%		—

Accounts Receivable

Major accounts receivable as of August 31, 2015 and May 31, 2015 are set forth in the table below. 

	August 31, 2015			May 31, 2015
	(unaudited)
Customer 1		63	%		39	%
Customer 2		29	%		29	%
Customer 3		8	%		28	%