Convertible Promissory Notes

9 Months Ended

Feb. 28, 2018

Debt Disclosure [Abstract]

Convertible Promissory Notes

NOTE 6 – CONVERTIBLE PROMISSORY NOTES

Convertible notes payable at February 28, 2018 and May 31, 2017 consists of the following:

	February 28, 2018			May 31, 2017
Dated February 17, 2017	$	7,500		$	7,500
Dated June 6, 2017		11,000			—
Dated August 4, 2017		7,500			—
Dated October 6, 2017		15,000			—
Total convertible notes payable, gross		41,000			7,500
Less: Unamortized debt discount		(3,049	)		(3,232	)
Total convertible notes	$	37,951		$	4,268

On February 17, 2017, the Company issued a convertible note for $7,500 proceeds.  The Company recorded a debt discount related to the beneficial conversion feature of the note for $7,500.  The note is convertible in common stock at 50% discount to the lowest average 20-day trading price and was due on August 17, 2017.  At the Company's election, the convertible promissory note can also be settled by cash payment.  The note has not yet been paid and is currently in default.

On June 6, 2017, the Company issued a convertible promissory note for proceeds of $11,000.  The note matures on December 6, 2017 and accrues interest at 8% per annum.  The note is convertible in common stock at 50% discount to the lowest average 20-day trading price.  At the Company's election, the convertible promissory note can also be settled by cash payment.  The note has not yet been paid and is currently in default.

On August 4, 2017, the Company issued a convertible promissory note for proceeds of $7,500.  The note matures on February 4, 2018 and accrues interest at 8% per annum.  The note is convertible in common stock at 50% discount to the lowest average 20-day trading price.  At the Company's election, the convertible promissory note can also be settled by cash payment.  The note has not yet been paid and is currently in default.

On October 6, 2017, the Company issued a convertible promissory note for proceeds of $15,000. The note matures on April 6, 2018 and accrues interest at 8% per annum. The note is convertible in common stock at 50% discount to the lowest average 20-day trading price. At the Company's election, the convertible promissory note can also be settled by cash payment.  The note has not yet been paid and is currently in default.

During the nine months ended February 28, 2018 and 2017, the Company recorded $33,683 and $456, respectively, related to the amortization of the discount as interest expense.