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Subsequent Events
9 Months Ended
Feb. 28, 2013
Subsequent Events [Text Block]

Note 6: Subsequent Events


On March 28, 2013, the Company terminated the agreement it had with its distributor for products in China and entered into an agreement with a new distributor for China.  Please refer to the Form 8-K filed April 8, 2013, with the Securities and Exchange Commission.


On April 8, 2013, the Company entered into a Stock Purchase Agreement wherein the Company agreed to issue and sell to a private investor 400,000 shares of restricted common stock at the purchase price of $1.25 per share. On April 8, 2013, the initial deposit of $250,000 was received by the Company and therefore 200,000 shares will be issued. Upon receipt of the remaining $250,000 and issuance of the remaining 200,000 shares, the investor will be entitled to nominate one qualified individual to serve on the Company’s Board of Directors.