NOTE 11 - DISCONTINUED OPERATIONS (MACHINE-TO-MACHINE BUSINESS)

6 Months Ended

Nov. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

NOTE 12 – DISCONTINUED OPERATIONS (MACHINE-TO-MACHINE BUSINESS)

Following the IP Asset Purchase Agreement the Company through the issue date of the Financial Statements and noted there were no material subsequent events as of that date. The focus of our business from services to the machine-to-machine market to technology solutions that provide easy and convenient tools and resources for people to meet, communicate and connect through shared interests, events and activities. The Company has entered into an agreement with Capex Investment Limited where Capex Investment took charge of all the assets and liabilities related to services to the machine-to-machine business and granted a reduction of $100,000 of the loans owed to Capex Investment.

In accounting for the above agreement the Company has (1) recognized the disposition of the affairs related to the machine-to-machine business. The effects of this agreement beyond the Company's exit from the machine-to-machine business within the Company's balance sheet at November 30, 2014 are summarized below. The Company has recognized approximately $393,232 in gain on settlement of debts.

	Effects of agreement
	Before			After
Outstanding common shares		66,146,442			121,146,442
Wind up of machine-to-machine business
Assets		0			0
Liabilities		632,686			239,454
Stockholders' Deficiency		(632,686	)		(239,454	)