XML 35 R25.htm IDEA: XBRL DOCUMENT v3.25.2
GOING CONCERN
12 Months Ended
May 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
GOING CONCERN

NOTE 12 - GOING CONCERN

 

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. At May 31, 2025, the Company had negative working capital of $5,761,228 and an accumulated deficit of $15,822,978. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern.

 

To date the Company has funded its operations through a combination of loans and sales of common stock. The Company anticipates another net loss for the fiscal year ended May 31, 2026 and with the expected cash requirements for the coming year, there is substantial doubt as to the Company’s ability to continue operations.

 

The Company is attempting to improve these conditions by way of financial assistance through issuances of additional equity and by generating revenues through sales of products and services.

 

The financial statements do not include any adjustments that might result from the outcome of this uncertainty.