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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
May 31, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Activity [Table Text Block]
 

NUMBER OF

STOCK OPTIONS

PRICE RANGE

PER SHARE

WEIGHTED AVERAGE

EXERCISE PRICE

                                                            

Options outstanding at May 31, 2014

860,500

$0.38-$0.84

$0.51

Options granted

356,000

$0.82-$0.85

$0.82

Options exercised

(23,000)

$0.38-$0.71

$0.42

Options canceled or expired

(45,500)

$0.43-$0.85

$0.72

Options outstanding at May 31, 2015

1,148,000

$0.38-$0.85

$0.60

Options granted

345,000

$1.04-$1.20

$1.17

Options exercised

(269,625)

$0.38-$0.84

$0.41

Options canceled or expired

(24,375)

$0.43-$1.04

$0.74

Options outstanding at May 31, 2016

1,199,000

$0.43-$1.20

$0.81

Schedule of Nonvested Share Activity [Table Text Block]
   

STOCK OPTIONS

WEIGHTED AVERAGE

AVERAGE

GRANT DATE

FAIR VALUE

   
   
 

NUMBER OF

SHARES

 
 

 

Nonvested shares at May 31,2015

527,125

 

$

0.75

Granted

345,000

 

$

1.17

Vested/Issued

(179,250)

 

$

0.66

Forfeited

(19,625)

 

$

0.77

Nonvested shares at May 31,2016

673,250

 

$

0.99

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
  

WEIGHTED

 AVERAGE

 REMAINING

 CONTRACTUAL

LIFE IN YEARS

   
  

WEIGHTED

 AVERAGE

EXERCISE

 PRICE

NUMBER

 EXERCISABLE

AT MAY 31,

2016

 
 

NUMBER

 OUTSTANDING

05/31/2016

WEIGHTED

 AVERAGE

EXERCISE PRICE

RANGE OF

EXERCISE PRICES

$0.43

311,750

0.61

$0.43

311,750

$0.43

$ 0.71 - $ 0.85

545,250

4.23

$0.79

214,000

$0.76

$ 1.04 - $ 1.20

342,000

8.59

$1.17

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