Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.19.2
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Total
Beginning balance at May. 31, 2017 $ 144 $ 24,856 $ (672) $ 24,328
Beginning balance, shares at May. 31, 2017 1,437,500      
Sale of 5,200,000 Units, net of underwriting discount and offering expenses $ 520 48,160,700 48,161,220
Sale of 5,200,000 Units, net of underwriting discount and offering expenses, shares 5,200,000      
Sale of 261,500 Private Units $ 26 2,614,974 2,615,000
Sale of 261,500 Private Units, shares 261,500      
Issuance of shares to underwriter $ 5 499,995 500,000
Issuance of shares to underwriter, shares 52,000      
Common Stock Subject to Redemption $ (456) (46,291,229) (46,291,685)
Common Stock Subject to Redemption, shares (4,560,757)      
Common Stock Forfeited by Sponsor $ (14) 14
Common Stock Forfeited by Sponsor, shares (137,500)      
Net loss (8,862) (8,862)
Ending balance at May. 31, 2018 $ 225 5,009,310 (9,534) 5,000,001
Ending balance, shares at May. 31, 2018 2,252,743      
Common Stock Subject to Redemption not redeemed $ 11 11
Common Stock Subject to Redemption not redeemed, shares 112,497      
Common stock redemption $ (45) (6,635,207) (6,635,252)
Common stock redemption, shares (451,563)      
Shares issued for advisory services $ 21 2,124,979 2,125,000
Shares issued for advisory services, shares 208,000      
Common stock issued to Smaaash Founders $ 200 200
Common stock issued to Smaaash Founders, shares 2,000,000      
Cancellation of Smaaash Founders shares $ (200) 200
Cancellation of Smaaash Founders shares. shares (2,000,000)      
Rights shares $ 54 383,161 383,215
Rights shares, shares 546,150      
Common Shares Issued in Acquisition $ 300 6,089,700 6,090,000
Common Shares Issued in Acquisition, shares 3,000,000      
Common shares issued in Private Placement $ 96 1,924,904 1,925,000
Common shares issued in Private Placement, shares 962,500      
Common Shares Issued from Employment Agreements $ 18 18
Common Shares Issued from Employment Agreements, shares 180,000      
Vesting of Common Shares 45,000 45,000
Common Shares issued for convertible note $ 20 499,980 500,000
Common Shares issued for convertible note, shares 193,648      
Net loss (3,565,272) (3,565,272)
Ending balance at May. 31, 2019 $ 700 $ 9,442,027 $ (3,574,806) $ 5,867,921
Ending balance, shares at May. 31, 2019 7,003,975