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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
May 31, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

                                                          

NUMBER OF

STOCK OPTIONS

PRICE RANGE

 PER SHARE

WEIGHTED

AVERAGE

EXERCISE

PRICE

Options outstanding at May 31, 2012

1,004,500 

$0.30 - $0.75

$0.46

Options granted

30,000 

$0.65 - $0.68

$0.67

Options exercised

(122,375)

$0.30 - $0.73

$0.42

Options canceled or expired

(65,625)

$0.38 - $0.73

$0.52

Options outstanding at May 31, 2013

846,500 

$0.38 - $0.75

$0.47

Options granted

178,000

$0.71-$0.84

$0.75

Options exercised

(69,000)

$0.38-$0.60

$0.51

Options canceled or expired

(95,000)

$0.43-$0.84

$0.59

Options outstanding at May 31, 2014

860,500

$0.38-$0.84

$0.51

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, 2013

 

408,250

 

$

 0.42

  Granted

 

178,000

  $

0.75

  Vested/Issued

 

( 162,250)

  $

 0.42

  Forfeited

 

(14,000)

  $

 0.43

Nonvested shares at May 31, 2014

 

410,000

  $

 0.56

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

RANGE OF

EXERCISE PRICES

NUMBER OUTSTANDING 5/31/2014

WEIGHTED

AVERAGE

REMAINING CONTRACTUAL

 LIFE IN YEARS

WEIGHTED AVERAGE

EXERCISE

PRICE

NUMBER EXERCISABLE AT MAY 31, 2014

WEIGHTED AVERAGE

 EXERCISE

PRICE

$ 0.30 - $ 0.50

602,500

2.30

$ 0.41

371,500

$ 0.41

$ 0.51 - $ 0.75

211,000

4.58

$ 0.72

77,500

$ 0.75

$ 0.83 - $ 0.84

47,000

3.57

$0.84

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