Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v3.6.0.2
Stock Options and Warrants (Tables)
6 Months Ended
Nov. 30, 2016
Stock Option and Warrant Activity

The following table represents stock option and warrant activity as of and for the six-months ended November 30, 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

     9,365,709         1.00         —           —     

Exercised

     (912,961      0.55         —           —     

Forfeited/expired/cancelled

     (7,343,911      1.12         —           —     
  

 

 

          

Options and warrants outstanding – November 30, 2016

     64,415,987         0.83         3.98         83,000   
  

 

 

          

Outstanding exercisable – November 30, 2016

     61,352,320       $ 0.82         3.77       $ 79,000