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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Aug. 31, 2017
May 31, 2017
Current Assets:    
Cash $ 827,351 $ 469,845
Accounts receivable 1,088,926 1,086,497
Costs in excess of billings 1,120,148 1,030,427
Prepaid expenses and other current assets 457,136 613,927
Total Current Assets 3,493,561 3,200,696
Property and equipment, net 25,905 27,309
Security deposit 24,902 20,384
Intangible assets, net 2,589,560 2,727,890
Goodwill 13,039,399 13,039,399
Total Assets 19,173,327 19,015,678
Current Liabilities:    
Accounts payable and accrued expenses 3,277,528 2,174,543
Billings in excess of costs 678,016 480,987
Accrued income tax 63,082 63,082
Debt subject to equity being issued 456,930 456,930
Convertible debentures, net of debt discount 2,305,806 871,651
Notes payable 545,832 545,832
Total Current Liabilities 7,327,194 4,593,025
Long-term convertible debt 6,000,000 6,040,706
Long-term notes payable 2,000,000 2,000,000
Total Liabilities 15,327,194 12,633,731
Stockholders' Equity:    
Convertible preferred stock, $.0001 par value; 5,000,000 shares authorized, zero shares outstanding
Common stock, $.0001 par value; 600,000,000 shares authorized; 21,673,403 and 21,163,402 shares issued and outstanding , respectively 2,167 2,116
Additional paid-in capital 53,831,649 52,558,977
Accumulated deficit (49,987,683) (46,179,146)
Total Stockholders' Equity 3,846,133 6,381,947
Total Liabilities and Stockholders' Equity $ 19,173,327 $ 19,015,678