DISCONTINUED OPERATIONS

6 Months Ended

Nov. 30, 2019

DISCONTINUED OPERATIONS

NOTE 7 - DISCONTINUED OPERATIONS

On December 1, 2018, the Company disposed of its subsidiary that focused on online mobile applications. The change of the business qualified as a discontinued operation of the Company and accordingly, the Company has excluded results of the operations from its Consolidated Statements of Operations to present this business in discontinued operations.

The following table shows the results of operations which are included in the income from discontinued operations:

	For the Three Months Ended				For the Six Months Ended
	November 30,				November 30,
	2019		2018		2019		2018
Revenues	$	-	$	221	$	-	$	555
Cost of Goods Sold		-		-		-		-
Gross Profit		-		221		-		555
Income from operations		-		221		-		555
Provision for income taxes				-		-		-
Income from discontinued operations	$	-	$	221	$	-	$	555