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Consolidated Statements Of Cash Flows (USD $)
3 Months Ended95 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2011
Cash flows from operating activities   
Net loss$ (1,166,789)$ (547,950)$ (16,525,171)
Adjustments to reconcile net loss to net cash used by operating activities:   
Amortization / depreciation838549181,687
Loss on disposal furniture & equipment3,436 3,436
Amortization of original issue discount2,063 719,265
Extinguishment of debt  (337,342)
Purchased in process research and development  274,399
Stock-based compensation241,517262,8415,961,642
Changes in current assets and liabilities:   
Accrued legal settlement   
Increase in prepaid expenses(1,454)(5,014)(60,729)
Increase in other assets(23,815)1,875(39,563)
Increase in accounts payable, accrued interest and accrued liabilities398,955(17,670)2,693,859
Net cash used in operating activities(545,249)(305,369)(7,128,517)
Cash flows from investing activities:   
Furniture and equipment purchases (3,480)(21,083)
Net cash used in investing activities (3,480)(21,083)
Cash flows from financing activities:   
Capital contributions by president  14,412
Proceeds from notes payable to related parties  705,649
Payments on notes payable to related parties  (165,498)
Proceeds from notes payable issued to individuals  145,000
Payments on notes payable issued to individuals  34,500
Proceeds from convertible notes payable  686,000
Proceeds from the sale of common stock 66,0004,545,048
Proceeds from Series B preferred stock  2,009,000
Purchase of treasury stock  (436,000)
Proceeds from sale of treasury stock  559,210
Deferred offering costs (45,800)(1,029,940)
Proceeds from issuance of stock of AITI acquisition  512,200
Proceeds from issuance of stock of AGTI acquisition  100,000
Proceeds from exercise of warrants  28,350
Net cash provided by financing activities 20,2007,638,931
Net change in cash(545,249)(288,649)489,331
Cash, beginning of period1,037,818700,4973,238
Cash, end of period492,569411,848492,569
Supplemental disclosure of cash flow information:   
Income taxes   
Interest6,10215,40030,266
Non-cash investing and financing transactions:   
Net assets acquired in exchange for common stock in CytoDyn/Rexray business combination  7,542
Common stock issued to former officer to repay working capital advance  5,000
Common stock issued for convertible debt  662,000
Common stock issued for debt  245,582
Common stock issued for accrued interest payable  20,956
Options to purchase common stock issued for debt  62,341
Original issue discount and intrinsic value of beneficial conversion feature related to debt issued with warrants  719,265
Common stock issued for preferred stock 73,255167,500
Treasury stock issued for prepaid services  118,291
Common stock issued on payment of accounts payable  49,000
Preferred and common stock subject to rescission3,00031,0004,848,000
Accrued stock incentive and deferred offering costs  1,717,000
Common stock issued for Series B preferred stock  442,984
Series B preferred stock dividends  8,550
Accrued salaries related party contributed as capital 229,500229,500
Reversal of accrued stock incentive and deferred offering costs  1,717,000
Constructive dividend  $ 6,000,000