Acquisition of Patents (Tables)

12 Months Ended

May 31, 2016

Intangible Assets Activity

The following presents intangible assets activity:

	May 31, 2016			May 31, 2015
Gross carrying amounts	$	3,500,000		$	3,500,000
Accumulated amortization		(1,268,750	)		(918,750	)
Total amortizable intangible assets, net		2,231,250			2,581,250
Patents currently not amortized		35,989			35,989
Carrying value of intangibles, net	$	2,267,239		$	2,617,239