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Note 12. Warrants
12 Months Ended
May 31, 2014
Notes  
Note 12. Warrants

Note 12. WARRANTS

 

There were 7,530,000 warrants outstanding at May 31, 2014, as detailed below:

 

 

Number of

Exercise

Weight Life

Warrants

Price

(In Years)

 

 

 

4,815,000

$1.00

.33

2,715,000

.125

3.06

 

 

Each of the warrants listed first above have provisions allowing the Company to redeem it for $.00001 per warrant on 30 days notice.