Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v3.5.0.2
Stock Options and Warrants (Tables)
3 Months Ended
Aug. 31, 2016
Stock Option and Warrant Activity

The following table represents stock option and warrant activity as of and for the three-months ended August 31, 2016:

 

     Number of
Shares
     Weighted
Average
Exercise Price
     Weighted
Average
Remaining
Contractual Life
in Years
     Aggregate
Intrinsic Value
 

Options and warrants outstanding – May 31, 2016

     63,307,150       $ 0.83         3.20       $ 9,863,492   

Granted

     1,532,375         1.12         —           —     

Exercised

     (896,459      0.55         —           —     

Forfeited/expired/cancelled

     (1,354,901      1.67         —           —     
  

 

 

          

Options and warrants outstanding – August 31, 2016

     62,588,165         0.83         3.73         14,738,579   
  

 

 

          

Outstanding exercisable – August 31, 2016

     59,097,832       $ 0.82         3.47       $ 14,427,145