XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
May 31, 2013
May 31, 2012
ASSETS    
Cash $ 20 $ 52,269
Prepaid expenses    4,897
Total Current Assets 20 57,166
Investment 5,000   
Website development costs    2,250
Deferred financing 3,088 24,799
License 8,182 9,635
Total Other Assets 11,270 36,684
Total Assets 16,290 93,850
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts payable & accrued expenses 209,299 104,530
Notes payable - related party 29,130 545,645
Derivative Liability 237,578   
Convertible note payable, net unamortized discount 43,623   
Total Current Liabilities 519,630 650,175
Due to affiliates and shareholders    1,000
TOTAL LONG-TERM LIABILITIES 519,630 651,175
STOCKHOLDERS' EQUITY (DEFICIT)    
Convertible preferred stock series A, $0.001 par value, Authorized: 2,000,000 Issued: 50,000 and 100,000 respectively 50 50
Common Stock, $0.001 par value, Authorized: 200,000,000 Issued: 52,858,171 and29,005,298 respectively 52,858 29,005
Additional paid-in capital 33,012,176 31,499,029
Preferred series B stock 6,000,000   
Accumulated deficit (26,850,830) (26,850,830)
Accumulated deficit during development stage (12,717,594) (5,234,579)
TOTAL STOCKHOLDERS' DEFICIENCY (503,340) (557,325)
TOTAL LIABILITIES AND EQUITY $ 16,290 $ 93,850