XML 23 R11.htm IDEA: XBRL DOCUMENT v3.3.1.900
NOTE RECEIVABLE, RELATED PARTY
6 Months Ended
Nov. 30, 2015
NOTE RECEIVABLE, RELATED PARTY  
NOTE RECEIVABLE, RELATED PARTY

E. NOTE RECEIVABLE, RELATED PARTY

 

Joseph Mullaney, the Company’s CEO, was extended a non-interest bearing note in the amount of $134,000 related to a stock transaction in May, 1998. The note is partially secured by the Company stock acquired in that transaction. The Company does not expect repayment within the next twelve months.