Note 3. Related Party Transactions

12 Months Ended

May 31, 2016

Notes

Note 3. Related Party Transactions

Note 3. RELATED PARTY TRANSACTIONS

During the year ended May 31, 2016, the Company issued 3,250,000 shares of Company stock, valued at $48,750, to its directors.

During the year ended May 31, 2015, the Company issued 1,250,000 shares (valued at $72,500) to its directors.  

During the year ended May 31, 2016, the Company borrowed $5,000 from the Company president and his wife (see Note 8).  In addition, it received advances of $10,000 from one other director.  The Company repaid $90,375 to its president and $103,000 to two other directors during the year.

Note 14 provides additional information concerning transactions with related parties.