Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.7.0.1
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Feb. 28, 2017
Accounting Policies [Abstract]  
Fair Value of Assumptions of Options Estimated On Grant Date
The fair value of the options is estimated on the date of the grant using the Black-Scholes option pricing model with the following assumptions:
 
 
 
Nine Months Ended
February 28, 2017
 
 
Nine Months Ended
February 29, 2016
 
 
 
 
 
 
 
 
Dividends per year
 
 
0
 
 
 
0
 
Volatility percentage
 
 
0.00%
 
 
606%
Risk free interest rate
 
 
0.00%
 
 
4.00%
Expected life (years)
 
 
0.00
 
 
 
5.00
 
Weighted Average Fair Value
 
 
$-
 
 
 
$5.41