Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v3.7.0.1
Stock Options and Warrants (Tables)
9 Months Ended
Feb. 28, 2017
Stock Option and Warrant Activity

The following table represents stock option and warrant activity, as of and for the nine-months ended February 28, 2017:

 

     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

     16,544,981        0.98        —          —    

Exercised

     (912,862      0.55        —          —    

Forfeited/expired/cancelled

     (1,430,000      1.57        —          —    
  

 

 

          

Options and warrants outstanding—February 28, 2017

     77,509,269        0.86        3.65        167,000  
  

 

 

          

Outstanding exercisable—February 28, 2017

     73,831,019      $ 0.85        3.40      $ 157,146