Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Stockholders' Equity (unaudited)

v3.22.1
Condensed Consolidated Statement of Stockholders' Equity (unaudited) - USD ($)
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series C Preferred Stock [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at May. 31, 2020 $ 130 $ 870     $ 1,523,811 $ (408,510) $ 1,116,301
Beginning balance, shares at May. 31, 2020 130,000 870,000          
Net income     (574,137) (574,137)
Ending balance, value at Aug. 31, 2020 $ 130 $ 870     1,523,811 (982,647) 542,164
Ending balance, shares at Aug. 31, 2020 130,000 870,000          
Beginning balance, value at May. 31, 2020 $ 130 $ 870     1,523,811 (408,510) 1,116,301
Beginning balance, shares at May. 31, 2020 130,000 870,000          
Net income               2,088,044
Ending balance, value at Feb. 28, 2021 $ 130 $ 840     $ 358,287 4,878,148 1,679,534 6,916,939
Ending balance, shares at Feb. 28, 2021 130,000 840,000     358,286,791      
Beginning balance, value at Aug. 31, 2020 $ 130 $ 870     1,523,811 (982,647) 542,164
Beginning balance, shares at Aug. 31, 2020 130,000 870,000          
Conversion of Preferred B to Common Stock $ (30)     $ 196,394 (196,364)
Conversion of Preferred B to Common Stock, shares (30,000)     196,394,100      
Net income     1,397,183 1,397,183
Issuance of Common Stock for services rendered     $ 27,834 22,166 50,000
Issuance of Common Stock for services rendered, shares     27,833,754      
Recapitalization upon acquisition - net     $ 133,602 (179,340) (45,738)
Recapitalization upon acquisition - net, shares     133,601,511      
Warrants issued with convertible notes     1,126,497 1,126,497
Beneficial conversion feature of convertible notes     873,503 873,503
Ending balance, value at Nov. 30, 2020 $ 130 $ 840     $ 357,830 3,170,273 414,536 3,943,609
Ending balance, shares at Nov. 30, 2020 130,000 840,000     357,829,365      
Net income     1,264,998 1,264,998
Issuance of Common Stock for services rendered     $ 457 41,209 41,666
Issuance of Common Stock for services rendered, shares     457,426      
Beneficial conversion feature of convertible notes     1,666,666 1,666,666
Ending balance, value at Feb. 28, 2021 $ 130 $ 840     $ 358,287 4,878,148 1,679,534 6,916,939
Ending balance, shares at Feb. 28, 2021 130,000 840,000     358,286,791      
Beginning balance, value at May. 31, 2021 $ 130 $ 840 $ 393,743 4,906,384 1,316,987 6,618,084
Beginning balance, shares at May. 31, 2021 130,000 840,000 393,742,663      
Conversion of Preferred B to Common Stock $ (19) $ 125,692 (125,673)
Conversion of Preferred B to Common Stock, shares (19,200) 125,692,224      
Issuance of Common Stock for the conversion of notes and accrued interest $ 83,812 66,746 150,558
Issuance of Common Stock for the conversion of notes and accrued interest, shares 83,811,872      
Net income 2,023,416 2,023,416
Ending balance, value at Aug. 31, 2021 $ 130 $ 821 $ 603,247 4,847,457 3,340,403 8,792,058
Ending balance, shares at Aug. 31, 2021 130,000 820,800 603,246,759      
Beginning balance, value at May. 31, 2021 $ 130 $ 840 $ 393,743 4,906,384 1,316,987 6,618,084
Beginning balance, shares at May. 31, 2021 130,000 840,000 393,742,663      
Net income               1,581,055
Ending balance, value at Feb. 28, 2022 $ 130 $ 821 $ 655,782 323,570 2,898,042 3,878,345
Ending balance, shares at Feb. 28, 2022 130,000 820,800 195 192 655,781,078      
Beginning balance, value at Aug. 31, 2021 $ 130 $ 821 $ 603,247 4,847,457 3,340,403 8,792,058
Beginning balance, shares at Aug. 31, 2021 130,000 820,800 603,246,759      
Issuance of Common Stock for the conversion of notes and accrued interest $ 52,534 41,838 94,372
Issuance of Common Stock for the conversion of notes and accrued interest, shares 52,534,319      
Net income 4,488,225 4,488,225
Ending balance, value at Nov. 30, 2021 $ 130 $ 821 $ 655,782 4,889,295 7,828,628 13,374,656
Ending balance, shares at Nov. 30, 2021 130,000 820,800 655,781,078      
Net income         (4,930,586) (4,930,586)
Conversion of debt to preferred C and D      
Conversion of debt to preferred C, shares     195          
Deemed Dividend           (4,565,725) (4,565,725)
Ending balance, value at Feb. 28, 2022 $ 130 $ 821 $ 655,782 $ 323,570 $ 2,898,042 $ 3,878,345
Ending balance, shares at Feb. 28, 2022 130,000 820,800 195 192 655,781,078