SUPPLEMENTAL CASHFLOWS INFORMATION

12 Months Ended

May 31, 2012

SUPPLEMENTAL CASH FLOW INFORMATION [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

4. SUPPLEMENTAL CASHFLOWS INFORMATION

	Year Ended May 31,
	2012		2011
Income taxes paid	$	0	$	0
Interest paid	$	0	$	0
Equity securities issued for services
Shares issued to directors as compensation	$	175,000	$	-
Shares issued to consultants as compensation		345,000		464,768
Stock options issued to directors and officers as compensation		989,619		790,000
Value of stock and warrants issued to broker of convertible notes				418,343
Total shares and warrants issued for services	$	1,509,619	$	1,673,111
Liabilities settled for shares of common stock
110, 950 shares of common stock issued on conversion of:
convertible note payable	$	-	$	25,000
accrued interest		-		8,362
13,960,588 shares of common stock issued on conversion of:
convertible note payable		2,142,500		-
accrued interest		588,886		-
Total liabilities settled for shares of common stock	$	2,731,386	$	33,362