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STOCKHOLDERS EQUITY
3 Months Ended
Aug. 31, 2019
STOCKHOLDERS EQUITY  
STOCKHOLDERS' EQUITY

NOTE 7 – STOCKHOLDERS’ EQUITY

 

Common Stock

 

The Company’s authorized common stock consists of 500,000,000 shares with par value of $0.0001. As of August 31, 2019 and May 31, 2019, the issued and outstanding shares of common stock was 9,863,000.

 

Warrants

 

The following is a summary of warrants activity during the year ended August 31, 2019.

 

 

 

Number of Shares

 

 

Weighted Average Exercise Price

 

Balance, May 31, 2019

 

 

12,317,500

 

 

 

0.15

 

 

 

 

 

 

 

 

 

 

Warrants granted and assumed

 

 

 

 

 

 

Warrants expired

 

 

 

 

 

 

Warrants canceled

 

 

 

 

 

 

Warrants exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, August 31, 2019

 

 

12,317,500

 

 

 

0.15