Debt (Tables)

6 Months Ended

Nov. 30, 2020

Schedule of Outstanding Debt Instrument

The table below presents outstanding debt instruments as of November 30, 2020 and May 31, 2020:

	November 30, 2020			May 31,2020
10% Fixed Convertible Promissory Note	$	—		$	152,500
Self-amortization promissory notes		1,133,023			—
August 7, 2020 self-amortization promissory note		333,333			—
Related Party Note		—			64,728
Convertible Note Payable		1,000,000			1,000,000
		2,466,356			1,217,228
Less: debt discount		(366,227	)		(25,180	)
Total	$	2,100,129		$	1,192,048

Schedule of Prepayment of Debt Note

The Company may prepay the Harbor Gates Note according to the following schedule:

Days Since Effective Date	Payment Amount
Under 30	115% of Principal Amount (as hereinafter defined) so paid
31-60	120% of Principal Amount so paid
61-90	125% of Principal Amount so paid
91-180	135% of Principal Amount so paid

June 18, 2020 Self-Amortization Note [Member]

Schedule of Amortization Payments

The Company is required to make amortization payments to the Holder according to the following schedule:

Payment Date	Payment Amount
10/16/2020	$	66,125
11/16/2020		66,125
12/16/2020		66,125
01/18/2021		66,125
02/18/2021		66,125
03/18/2021		66,125
04/16/2021		66,125
05/18/2021		66,125
06/18/2021		65,921
Total:	$	594,921

August 7, 2020 Self-Amortization Note [Member]

Schedule of Amortization Payments

The Company is required to make amortization payments to the Holder according to the following schedule:

Payment Date	Payment Amount
12/07/2020	$	40,075.75
01/07/2021		40,075.75
02/08/2021		40,075.75
03/08/2021		40,075.75
04/07/2021		40,075.75
05/07/2021		40,075.75
06/07/2021		40,075.75
07/07/2021		40,075.75
08/07/2021		39,952.34
Total:	$	360,558.34