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Acquisition of patents (Tables)
12 Months Ended
May 31, 2014
Intangible Assets Activity

The following presents intangible assets activity:

 

     May 31, 2014     May 31, 2013  

Gross carrying amounts

   $ 3,500,000      $ 3,500,000   

Accumulated amortization

     (568,750     (218,750
  

 

 

   

 

 

 

Total amortizable intangible assets, net

     2,931,250        3,281,250   

Patents currently not amortized

     35,989        35,989   
  

 

 

   

 

 

 

Carrying value of intangibles, net

   $ 2,967,239      $ 3,317,239