SCHEDULE OF INCOME TAX EXPENSE (BENEFIT) (Tables)

12 Months Ended

May 31, 2016

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, 2016 and 2015:

	2016		2015
Deferred tax assets:
NOL carryover	$	7,211,675	$	7,180,891
Valuation allowance		(7,211,675)		(7,180,891)
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, 2016 due to the following:

	2016		2015
Income tax benefit at statutory rate	$	(2,812,553)	$	(2,800,547)
Valuation allowance		2,812,553		2,800,547
	$	-	$	-