Condensed Consolidated Balance Sheet (USD $)	Aug. 31, 2011	May 31, 2011
Assets
Cash	$ 492,569	$ 1,037,818
Prepaid expenses	51,979	59,275
Deferred Offering Costs	876,423	876,423
Total current assets	1,420,971	1,973,516
Furniture and equipment, net	1,100	5,374
Other Assets	48,313	15,748
Total assets	1,470,384	1,994,638
Liabilities and Shareholders' (deficit)
Accounts payable	1,327,749	932,996
Accrued liabilities	756	756
Indebtedness to related parties - short-term portion	148,985	148,985
Accrued interest payable	30,898	26,696
Deposits on stock purchases	1,035,000	1,035,000
Stock rescission liability	4,848,000	4,851,000
Total current liabilities	7,391,388	6,995,433
Long Term Liabilities
Convertible notes payable, net	9,000	6,937
Total Liabilities	7,400,388	7,002,370
Shareholders' (deficit):
Series B Convertible preferred stock, no par value; 400,000 shares authorized, 311,800 and 311,800 shares issued and outstanding at August 31, 2011 and May 31, 2011, respectively	1,566,016	1,566,016
Common stock, no par value; 100,000,000 shares authorized, 22,290,982 and 22,290,982 outstanding at August 31, 2011 and May 31, 2011, respectively; 22,490,982 and 22,490,982 issued at August 31, 2011 and May 31, 2011, respectively	9,147,325	9,147,325
Additional paid-in capital	6,118,658	5,877,141
Common and Preferred stock subject to rescission	(4,848,000)	(4,851,000)
Treasury stock, at cost, 200,000 shares held at August 31, 2011 and May 31, 2011, respectively	(100,000)	(100,000)
Additional paid-in capital-treasury stock	313,080	313,080
Accumulated deficit on unrelated dormant operations	(1,601,912)	(1,601,912)
Accumulated deficit during development stage	(16,525,171)	(15,358,382)
Total shareholders' (deficit)	(5,930,004)	(5,007,732)
Total liabilities and shareholders' (deficit)	$ 1,470,384	$ 1,994,638