SCHEDULE OF INCOME TAX EXPENSE BENEFIT (Tables)

12 Months Ended

May. 31, 2015

SCHEDULE OF INCOME TAX EXPENSE BENEFIT

SCHEDULE OF NET DEFERRED TAX ASSETS

Net deferred tax assets consist of the following components as of May 31, 2015 and 2014:

		2015		2014
Deferred tax assets:
NOL carryover	$	7,180,891	$	7,147,156
Valuation allowance		(7,180,891)		(7,147,156)
Net deferred tax asset	$	-	$	-

SCHEDULE OF INCOME TAX PROVISION DIFFERING FROM AMOUNT OF INCOME TAX DETERMINED

The income tax provision differs from the amount of income tax determined by applying the U.S. federal and state income tax rates of 39% to pretax income from continuing operations for the period ended May 31, 2015 due to the following:

	2015			2014
Income tax benefit at statutory rate	$	(2,800,547)	$	(2,787,391)
Valuation allowance		2,800,547		2,787,391
	$	-	$	-