Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v3.19.3
Stock Options and Warrants (Tables)
3 Months Ended
Aug. 31, 2019
Stock Option and Warrant Activity
The following table represents stock option and warrant activity as of and for the three months ended August 31, 2019:
 
    Number of
Shares
    Weighted
Average
Exercise Price
    Weighted
Average
Remaining
Contractual Life
in Years
    Aggregate
Intrinsic Value
 
Options and warrants outstanding—May 31, 2019
    178,591,849     $  0.71       3.75     $ 896,400  
Granted
    6,823,855       0.45       —         —    
Exercised
    (30,250,649     0.39       —         —    
Forfeited/expired/cancelled
    (530,000     0.79       —         —    
Options and warrants outstanding—August 31, 2019
    154,635,055       0.70       3.71       796,000  
Outstanding exercisable—August 31, 2019
    151,793,153     $ 0.71       3.59     $  796,000