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RELATED PARTY TRANSACTIONS

3 Months Ended

Aug. 31, 2015

11.	RELATED PARTY TRANSACTIONS

For the period from March 2015 to May 31, 2015, AES performed consulting services for an entity that is controlled by an officer of AES and a former director of the Company. No consulting services were performed for both the three months ended August 31, 2015 and 2014. In August 2015, AES entered into an agreement to provide energy services for the related entity. For the three months ended August 31, 2015, no net sales were recognized. A deposit of $55,000 was received and classified as part of deferred revenue.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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