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Consolidated Balance Sheets - USD ($)
Feb. 29, 2016
May. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents
Loan receivable from consultant $ 36,203
Prepaid expenses 4,500
TOTAL CURRENT ASSETS 40,703
INVESTMENTS $ 1,144,166 1,144,166
OTHER ASSETS    
Patents, net of accumulated amortization of $21,105 and $13,605, respectively 49,397 56,897
Licenses, net of accumulated amortization of $305,418 and $268,338 respectively 4,582 41,662
TOTAL OTHER ASSETS 53,979 98,559
TOTAL ASSETS 1,198,145 1,283,428
CURRENT LIABILITIES    
Amounts payable to Bank 22 115
Note payable to bank 198,000 198,000
Accounts payable and accrued expenses 225,767 855,665
Amounts due under Licensing Agreement with Wazzamba SA 224,924 224,924
Loans payable to consultants and stockholders 126,993 189,928
Convertible notes payable (net of unamortized discounts of $7 and $674,886 respectively) 759,276 580,956
Derivative liability for convertible notes payable 3,516,450 2,564,280
TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES 5,051,432 4,613,868
STOCKHOLDERS' DEFICIT    
Preferred stock, $0.001 par value, authorized 10,000,000 shares: Series A convertible preferred stock - issued and outstanding 50,000 shares as of February 29, 2016 and May 31, 2015 50 $ 50
Preferred stock, $0.001 par value, authorized 2,000,000 shares: Series B convertible preferred stock - issued and outstanding 1,950,000 shares as of February 29, 2016 and "0" as of May 31, 2015 1,950
Common stock, $0.001 par value, authorized 130,000,000 shares: 8,765,022 and 8,805,932,169 shares issued, and 8,765,022 and 8,681,112,367 shares outstanding, as of February 29, 2016 and May 31, 2015 8,765 $ 8,805,932
Less: Treasury stock 20,803 shares as of February 29, 2016 and 124,819,802 as of May 31, 2015 (21) (124,820)
Common stock payable 858,000 858,000
Additional paid-in capital 46,494,400 36,219,642
Accumulated other comprehensive income (loss) (131,453) (126,453)
Accumulated deficit (51,084,978) (48,962,791)
TOTAL STOCKHOLDERS' DEFICIT (3,853,287) (3,330,440)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,198,145 $ 1,283,428