Income Taxes (Tables)

12 Months Ended

May 31, 2021

Income Taxes

Schedule of Deferred Tax Assets and Liabilities

	2021			2020
Net operating losses – U.S. parent:
Amount carried forward from prior years	$	(850,254	)	$	(839,404	)
Net operating losses (21% tax rate)		(34,270	)		(36,050	)
Accrued management compensation		25,200			25,200
Total		(859,324	)		(850,254	)
Deferred taxes – U.S. Parent		(859,324	)		(850,254	)
Net operating losses – Canadian subsidiary:
Amount carried forward from prior years		(31,760	)		(31,760	)
Net operating losses		-			-
Deferred taxes – Canadian subsidiary		(31,760	)		(31,760	)
Total deferred tax assets		(891,084	)		(882,014	)
Less: valuation allowance		891,084			882,014
Total net deferred tax assets	$	-		$	-