Wewards (WEWA) 10-Q 14 Apr 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Feb. 28, 2021	Apr. 09, 2021
F&L Galaxy, Inc. [Member]
Entity Registrant Name	WEWARDS, INC.
Entity Central Index Key	0001616156
Document Type	10-Q
Document Period End Date	Feb. 28, 2021
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		107,483,450
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Entity Interactive Data Current	Yes
Entity Incorporation State Code	NV
Entity File Number	000-55957
Is Entity's Reporting Status Current?	Yes
Entity Shell Company	false

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS - USD ($)	Feb. 28, 2021	May 31, 2020
Current assets:
Cash	$ 3,561,069	$ 4,017,107
Prepaid expense	1,298
Total current assets	3,562,367	4,017,107
Right of use asset	331,658	443,014
Total assets	3,894,025	4,460,121
Current liabilities:
Accounts payable	15,100	325
Accounts payable, related party	12,620	15,006
Accrued interest, related parties	1,812,138	1,419,467
Deferred revenues, related party	8,335	5,834
Current maturities of operating lease obligation, related party	159,221	149,979
Total current liabilities	2,007,414	1,590,611
Long term liabilities:
Operating lease obligation, related party	172,437	293,035
Convertible notes payable, related party	10,500,000	10,500,000
Total liabilities	12,679,851	12,383,646
Commitments and contingencies
Stockholders' equity (deficit):
Preferred stock, $0.001 par value, 50,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value, 500,000,000 shares authorized, 107,483,450 issued and outstanding	107,483	107,483
Additional paid in capital	5,161,532	5,161,532
Accumulated deficit	(14,054,841)	(13,192,540)
Total stockholders' equity (deficit)	(8,785,826)	(7,923,525)
Total liabilities and stockholders' equity (deficit)	$ 3,894,025	$ 4,460,121

CONDENSED BALANCE SHEETS (Paren

CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares	Feb. 28, 2021	May 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, share issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	107,483,450	107,483,450
Common stock, shares outstanding	107,483,450	107,483,450

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Feb. 28, 2021	Feb. 29, 2020
Income Statement [Abstract]
Revenue, related party	$ 27,500		$ 62,499
Operating expenses:
General and administrative	553	3,142	5,046	6,088
Software development, related party	337,000		337,000
Rent expense, related party	45,000	45,000	135,000	135,000
Professional fees	9,957	15,250	74,341	232,325
Total operating expenses	392,510	63,392	551,387	373,413
Operating loss	(365,010)	(63,392)	(488,888)	(373,413)
Other income (expense):
Interest expense, related party	(129,452)	(133,699)	(392,671)	(401,714)
Interest income	5,072	17,388	19,258	59,233
Total other income (expense)	(124,380)	(116,311)	(373,413)	(342,481)
Net loss	$ (489,390)	$ (179,703)	$ (862,301)	$ (715,894)
Weighted average number of common shares outstanding - basic and fully diluted	107,483,450	107,483,450	107,483,450	107,483,450
Net loss per share - basic and fully diluted	$ 0	$ 0	$ 0	$ 0

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Preferred Stock	Common Stock [Member]	Additional Paid In Capital [Member]	Accumulated Deficit [Member]	Total
Beginning balance at May. 31, 2019		$ 107,483	$ 5,083,348	$ (12,295,159)	$ (7,104,328)
Beginning balance, shares at May. 31, 2019		107,483,450
Net loss				(715,894)	(715,894)
Ending balance at Feb. 29, 2020		$ 107,483	5,083,348	(13,011,053)	(7,820,222)
Ending balance, shares at Feb. 29, 2020		107,483,450
Beginning balance at Nov. 30, 2019		$ 107,483	5,083,348	(12,831,350)	(7,640,519)
Beginning balance, shares at Nov. 30, 2019		107,483,450
Net loss				(179,703)	(179,703)
Ending balance at Feb. 29, 2020		$ 107,483	5,083,348	(13,011,053)	(7,820,222)
Ending balance, shares at Feb. 29, 2020		107,483,450
Beginning balance at May. 31, 2020		$ 107,483	5,161,532	(13,192,540)	$ (7,923,525)
Beginning balance, shares at May. 31, 2020		107,483,450			107,483,450
Net loss				(862,301)	$ (862,301)
Ending balance at Feb. 28, 2021		$ 107,483	5,161,532	(14,054,841)	$ (8,785,826)
Ending balance, shares at Feb. 28, 2021		107,483,450			107,483,450
Beginning balance at Nov. 30, 2020		$ 107,483	5,161,532	(13,565,451)	$ (8,296,436)
Beginning balance, shares at Nov. 30, 2020		107,483,450
Net loss				(489,390)	(489,390)
Ending balance at Feb. 28, 2021		$ 107,483	$ 5,161,532	$ (14,054,841)	$ (8,785,826)
Ending balance, shares at Feb. 28, 2021		107,483,450			107,483,450

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (862,301)	$ (715,894)
Decrease (increase) in assets:
Prepaid expenses	(1,298)	25,000
Right-of-use asset	111,356
Increase (decrease) in liabilities:
Accounts payable	14,775	(130)
Accounts payable, related party	(2,386)	30,012
Accrued interest, related party	392,671	401,714
Deferred revenue, related party	2,501
Operating lease obligation, related party	(111,356)
Net cash used in operating activities	(456,038)	(259,298)
NET CHANGE IN CASH	(456,038)	(259,298)
CASH AT BEGINNING OF PERIOD	4,017,107	4,508,397
CASH AT END OF PERIOD	3,561,069	4,249,099
SUPPLEMENTAL INFORMATION:
Interest paid
Income taxes paid

ORGANIZATION, BASIS OF PRESENTA

ORGANIZATION, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Feb. 28, 2021
Accounting Policies [Abstract]
ORGANIZATION, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – ORGANIZATION, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Organization Wewards, Inc. (“Wewards” or “the Company”) was incorporated in the state of Nevada on September 10, 2013 as Betafox Corp., with the initial intent to manufacture and sell color candles. On April 26, 2015, Giorgos Kallides (the “Seller”), entered into an agreement with Future Continental Limited (“Purchaser”), pursuant to which, on May 11, 2015, the Seller sold to Purchaser six million (6,000,000) shares of common stock of the Company (the “Shares”) owned by the Seller, constituting approximately 73.8% of the Company’s 8,130,000 issued and outstanding common shares at such time, for $340,000. In October 2015, the Purchaser sold the 6,000,000 Shares to Mr. Lei Pei, an affiliate of the Purchaser, in consideration of Mr. Pei’s agreement to serve as our director and CEO. The Company has developed and is the owner of a web-based platform accessible by mobile apps (the “Platform”) that will enable consumers to purchase goods from merchants and earn rebates payable in the form of Bitcoin. The Platform provides an innovative Bitcoin rewards ecosystem. It is designed to transform traditional concepts of commerce into a cooperative society where both merchants and consumers are collaborating, utilizing Bitcoin to reward consumers. The ecosystem provides consumers with rewards each time they complete a challenge defined by a merchant. This is intended to make the ecommerce process beneficial to all market participants, and to help distribute commercial wealth among and between the merchants and consumers. The Company intends to generate revenue by licensing “white-label” versions of the Platform to third parties. However, to date, no such license agreement has been entered into, and the Company has not generated any revenues. Basis of Presentation The unaudited condensed financial statements of the Company and the accompanying notes included in this Quarterly Report on Form 10-Q are unaudited. In the opinion of management, all adjustments necessary for a fair presentation of the Condensed Financial Statements have been included. Such adjustments are of a normal, recurring nature. The Condensed Financial Statements, and the accompanying notes, are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and do not contain certain information included in the Company’s Annual Report on Form 10-K for the fiscal year ended May 31, 2020. The interim Condensed Financial Statements should be read in conjunction with that Annual Report on Form 10-K. Results for the interim periods presented are not necessarily indicative of the results that might be expected for the entire fiscal year. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. Concentrations of Credit Risk The Company maintains our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. Accounts are guaranteed by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 under current regulations. The Company had approximately $3,049,699 and $3,768,042 in excess of FDIC insured limits at February 28, 2021 and May 31, 2020, respectively. The Company has not experienced any losses in such accounts. Reclassifications In the current period, the Company separately classified professional fees from general and administrative expenses in the Condensed Statement of Operations. For comparative purposes, amounts in the prior period have been reclassified to conform to the current period presentation. These reclassifications had no effect on previously reported results of operations. Fair Value of Financial Instruments Under FASB ASC 820-10-05, the Financial Accounting Standards Board establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements. This Statement reaffirms that fair value is the relevant measurement attribute. The adoption of this standard did not have a material effect on the Company’s financial statements as reflected herein. The carrying amounts of cash, accounts payable and accrued expenses reported on the balance sheets are estimated by management to approximate fair value primarily due to the short-term nature of the instruments. The Company had no items that required fair value measurement on a recurring basis. Software Development Costs The Company expenses software development costs, including costs to develop software products or the software component of products to be sold, leased, or marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached shortly before the release of such products. Software development costs also include costs to develop software to be used solely to meet internal needs and cloud-based applications used to deliver our services. The Company capitalizes development costs related to these software applications once the preliminary project stage is complete and it is probable that the project will be completed, and the software will be used to perform the function intended. Capitalization ends, and amortization begins when the product is available for general release to customers. Impairment of Intangible Assets The Company reviews intangible assets for impairment when events or changes in circumstances indicate the carrying amount may not be recoverable. The Company measures recoverability of these assets by comparing the carrying amounts to the future undiscounted cash flows that the assets or the asset group are expected to generate. If the carrying value of the assets are not recoverable, the impairment recognized is measured as the amount by which the carrying value of the asset exceeds its fair value. Convertible Instruments The Company evaluates its convertible instruments, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under ASC Topic 815, “Derivatives and Hedging.” The result of this accounting treatment is that the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income (expense). Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815 are reclassified to liabilities at the fair value of the instrument on the reclassification date. We analyzed the derivative financial instruments (the Convertible Notes), in accordance with ASC 815. The objective is to provide guidance for determining whether an equity-linked financial instrument is indexed to an entity’s own stock. This determination is needed for a scope exception which would enable a derivative instrument to be accounted for under the accrual method. The classification of a non-derivative instrument that falls within the scope of ASC 815-40-05 “Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock” also hinges on whether the instrument is indexed to an entity’s own stock. A non-derivative instrument that is not indexed to an entity’s own stock cannot be classified as equity and must be accounted for as a liability. There is a two-step approach in determining whether an instrument or embedded feature is indexed to an entity’s own stock. First, the instrument's contingent exercise provisions, if any, must be evaluated, followed by an evaluation of the instrument's settlement provisions. The Company utilized multinomial lattice models that value the derivative liability within the notes based on a probability weighted discounted cash flow model. The Company utilized the fair value standard set forth by the Financial Accounting Standards Board, defined as the amount at which the assets (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale. Revenue Recognition Effective June 1, 2019, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the licensing of our software by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. There was no impact on the Company’s financial statements from the adoption of ASC 606 for the nine months ended February 28, 2021 or the year ended May 31, 2020. We derive revenue principally from licensing our intellectual property, including our game, and related extra content and services that can be utilized by players of our game. · identifying the contract(s) with the customer; · identifying the performance obligations in the contract; · determining the transaction price; · allocating the transaction price to performance obligations in the contract; and · recognizing revenue as each performance obligation is satisfied through the transfer of a promised good or service to a customer (i.e., “transfer of control”). Online-Hosted Service Games. Licensing Revenue We utilize third-party licensees to distribute and host our games and content in accordance with license agreements, for which the licensees typically pay us a fixed minimum guarantee and/or sales-based royalties. These arrangements typically include multiple performance obligations, such as a time-based license of software and future update rights. We recognize as revenue a portion of the minimum guarantee when we transfer control of the license of software (generally upon commercial launch) and the remaining portion ratably over the contractual term in which we provide the licensee with future update rights. Any sales-based royalties are generally recognized as the related sales occur by the licensee. Significant Judgments around Revenue Arrangements Identifying performance obligations. Determining the transaction price. Allocating the transaction price. Determining the Estimated Offering Period. Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with the provisions of ASC 718 Stock Compensation (ASC 718) and Equity-Based Payments to Non-employees pursuant to ASC 2018-07 (ASC 2018-07). All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the earlier of the date on which the counterparty's performance is complete or the date at which a commitment for performance by the counterparty to earn the equity instruments is reached because of sufficiently large disincentives for nonperformance. Basic and Diluted Loss Per Share Basic earnings per share (“EPS”) are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding for the period (the denominator). Diluted EPS is computed by dividing net income by the weighted average number of common shares and potential common shares outstanding (if dilutive) during each period. Potential common shares include stock options, warrants and restricted stock. The number of potential common shares outstanding relating to stock options, warrants and restricted stock is computed using the treasury stock method. For the periods presented, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per common share. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not, that such asset will not be recovered through future operations. Uncertain Tax Positions In accordance with ASC 740, “Income Taxes” (“ASC 740”), the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be capable of withstanding examination by the taxing authorities based on the technical merits of the position. These standards prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. These standards also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Various taxing authorities may periodically audit the Company’s income tax returns. These audits include questions regarding the Company’s tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may elapse before a particular matter, for which an allowance has been established, is audited and fully resolved. The Company has not yet undergone an examination by any taxing authorities. The assessment of the Company’s tax position relies on the judgment of management to estimate the exposures associated with the Company’s various filing positions. Recently Adopted Accounting Standards In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) No other new accounting pronouncements, issued or effective during the period ended February 28, 2021, have had or are expected to have a significant impact on the Company’s financial statements.

RELATED PARTIES

RELATED PARTIES	9 Months Ended
	Feb. 28, 2021
Related Party Transactions [Abstract]
RELATED PARTIES	NOTE 2 – RELATED PARTIES Accounts Payable, Related Party The Company owed United Power, Inc. (“United Power”) As disclosed in Note 6, below, prior to September 1, 2020, the Company subleased office space from United Power, an affiliate of the Company by reason of common ownership with Lei Pei, the Company’s sole officer and director and majority shareholder, at a base monthly rent of $15,000. The building is owned by Future Property Limited. As of February 28, 2021, the Company . (“Sandbx”), Revenues, Related Party We began generating revenues in the fourth quarter of our fiscal year ended May 31, 2020 from licensing Megopoly and related IP to Sandbx license agreement with Sandbx, we received a $50,000 initial setup fee, paid in five equal monthly installments from May 1, 2020 through September 1, 2020. In addition, we are entitled to receive a monthly royalty under the license agreement equal to the greater of 10% of net revenues from the sale of in-game assets by the licensee, or $5,000, commencing upon completion of the initial setup, which was October 1, 2020. The monthly royalty for October through February was the $5,000 minimum, and the Company recognized deferred revenue of $8,335 as of February 28, 2021, relating to the initial setup fee.. Research and Development, Related Party On January 4, 2021, the Company entered into a Statement of Work with Sandbx Corp., a related party, pursuant to which Sandbx has been engaged to provide software development and related services to further develop and improve Megopoly, the Company’s online MMO Game, at a rate of $50 per hour of service. The Company paid Sandbox $337,000 for services provided under this Statement of Work during the three months ending February 28, 2021. See also Notes 4, 5 and 6, below, for additional related party transactions.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	9 Months Ended
	Feb. 28, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 3 – FAIR VALUE OF FINANCIAL INSTRUMENTS Under FASB ASC 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value. The Company has certain financial instruments that must be measured under the new fair value standard. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability. Fair Value Measurements at February 28, 2021 Level 1 Level 2 Level 3 Assets Cash $ 3,561,069 $ — $ — Total assets 3,561,069 — — Liabilities Convertible notes payable, related party — — 10,500,000 Total liabilities — — 10,500,000 $ 3,561,069 $ — $ (10,500,000 ) Fair Value Measurements at May 31, 2020 Level 1 Level 2 Level 3 Assets Cash $ 4,017,107 $ — $ — Total assets 4,017,107 — — Liabilities Convertible notes payable, related party — — 10,500,000 Total liabilities — — 10,500,000 $ 4,017,107 $ — $ (10,500,000 ) There were no transfers of financial assets or liabilities between Level 1, Level 2 and Level 3 inputs for the period ended February 28, 2021 or the year ended May 31, 2020.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Feb. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 4 – INTANGIBLE ASSETS On April 2, 2020, the Company purchased intellectual property rights (“IP”) from United Power, a Nevada corporation under common ownership with Lei Pei, the Company’s sole officer and director and majority shareholder, for cash consideration of $179,300, based o The IP consists of technology and related

CONVERTIBLE NOTES PAYABLE, RELA

CONVERTIBLE NOTES PAYABLE, RELATED PARTY	9 Months Ended
	Feb. 28, 2021
Debt Disclosure [Abstract]
CONVERTIBLE NOTES PAYABLE, RELATED PARTY	NOTE 5 – CONVERTIBLE NOTES PAYABLE, RELATED PARTY Convertible notes payable, related party consists of the following at February 28, 2021 and May 31, 2020, respectively: February 28, May 31, 2021 2020 On February 26, 2017, Sky Rover Holdings, Ltd (“Sky Rover), which is owned and controlled by Mr. Pei, agreed to loan up $20,000,000 to the Company, of which $8,000,000 was loaned on February 28, 2017. Sky Rover was issued an unsecured, 5%, convertible promissory note which, as amended, is due on February 28, 2024, and is, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest may also be paid by issuing restricted shares of common stock, at the same conversion price per share. On June 26, 2018, the Company repaid $4,000,000 of principal of this loan. In addition, Sky Rover converted $1,500,000 of principal of this loan into common shares at the conversion price of $0.08 per share into a total of 18,750,000 shares. Sky Rover waived accrued and unpaid interest of $363,904, which was credited to additional paid in capital. As of February 28, 2021, there is $501,453 of accrued interest due on this loan. $ 2,500,000 $ 2,500,000 On November 20, 2017, Sky Rover loaned an additional $8,000,000 to the Company. Sky Rover was issued an unsecured, 5%, convertible promissory note which, as amended, is due on November 20, 2024, and is, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest may also be paid by issuing restricted shares of common stock, at the same conversion price per share. As of February 28, 2021, there is $1,310,685 of accrued interest on this loan. 8,000,000 8,000,000 Total convertible notes payable, related party 10,500,000 10,500,000 Less: current portion — — Convertible notes payable, related party, less current portion $ 10,500,000 $ 10,500,000 If Sky Rover converts the remaining $10,500,000 of principal on the Convertible Notes at the present conversion price of $0.08 per share into 131,250,000 shares, those shares, plus the approximate 101,353,450 shares Mr. Pei currently owns, would give him beneficial ownership of 232,603,450 shares of the Company’s 238,733,450 then-issued and outstanding shares (assuming that no other shares are issued prior to conversion), which would approximate 97.4% of the then-outstanding shares. The Company recognized interest expense for the nine months ended February 28, 2021 and 2020, respectively, as follows: February 28, February 29 2021 2020 Interest on due to related parties $ — $ 7,604 Interest on convertible notes, related party 392,671 394,110 Total interest expense $ 392,671 $ 401,714

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - LEASE	9 Months Ended
	Feb. 28, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES - LEASE	NOTE 6 – COMMITMENTS AND CONTINGENCIES - LEASE On March 1, 2018, the Company began occupying its current corporate headquarters at 2960 West Sahara Avenue, Las Vegas, NV 89102, under a five-year sublease with United Power, an affiliate of the Company by reason of common ownership with Lei Pei. The sublease provided for base monthly rent of $15,000, plus increases of up to 3% each year based on increases, if any, of the Consumer Price Index. The building is owned by Future Property Limited. Future Property Limited entered into a lease with United Power, and the Company then sublet the space from United Power. The Company is occupying the space for executive and administrative offices. Rent expense for both the nine months ended was $135,000. The components of lease expense were as follows: For the Nine Months Ended February 28, 2021 Operating lease cost: Amortization of assets $ 111,356 Interest on lease liabilities 23,644 Total operating lease cost $ 135,000 Supplemental balance sheet information related to leases was as follows: February 28, 2021 Operating lease: Operating lease assets $ 331,658 Current portion of operating lease obligation $ 159,221 Noncurrent operating lease obligation 172,437 Total operating lease obligation $ 331,658 Weighted average remaining lease term: Operating leases 2.0 years Weighted average discount rate: Operating lease 8.00 % Supplemental cash flow and other information related to operating leases was as follows: For the Nine Months Ended February 28, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used for operating leases $ 135,000 : For the Fiscal Year Minimum Lease Ended May 31: Commitments 2021* $ 45,000 2022 180,000 2023 135,000 Total payments $ 360,000 Amount representing interest $ (28,342 ) Lease obligation, net 331,658 Less current portion (159,221 ) Lease obligation – long term $ 172,437 * Liability pertains to the remaining three-month period from March 1, 2021 through May 31, 2021.

CHANGES IN STOCKHOLDERS' EQUITY

CHANGES IN STOCKHOLDERS' EQUITY	9 Months Ended
	Feb. 28, 2021
Equity [Abstract]
CHANGES IN STOCKHOLDERS' EQUITY	NOTE 7 – CHANGES IN STOCKHOLDERS’ EQUITY Preferred Stock The Company has authorized preferred stock of 50,000,000 shares, par value $0.001 per share. The voting powers, conversion features, if any, designations, preferences, limitations, restrictions and other rights of the preferred stock shall be prescribed by resolution of the Board of Directors at the time a specific series of preferred stock is designated. None of the preferred shares have been issued as of the date of this Report. Common Stock The Company has 500,000,000 authorized shares of $0.001 par value Common Stock, and had 107,483,450 shares issued and outstanding as of February 28, 2021.

INCOME TAX

INCOME TAX	9 Months Ended
	Feb. 28, 2021
Income Tax Disclosure [Abstract]
INCOME TAX	NOTE 8 - INCOME TAX The Company accounts for income taxes under FASB ASC 740-10, which requires use of the liability method. FASB ASC 740-10-25 provides that deferred tax assets and liabilities are recorded based on the differences between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes, referred to as temporary differences. For the nine months ended February 28, 2021 and the year ended May 31, 2020, the Company incurred a net operating loss and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. At February 28, 2021, the Company had approximately $6,300,000 of federal net operating losses. The net operating loss carry forwards, if not utilized, will begin to expire in 2034. Based on the available objective evidence, including the Company’s history of losses, management believes it is more likely than not that the net deferred tax assets will not be fully realizable. Accordingly, the Company provided for a full valuation allowance against its net deferred tax assets at both February 28, 2021 and May 31, 2020. In accordance with FASB ASC 740, the Company has evaluated its tax positions and determined there are no uncertain tax positions.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Feb. 28, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS In accordance with ASC 855-10, management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements.

ORGANIZATION, BASIS OF PRESEN_2

ORGANIZATION, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Feb. 28, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The unaudited condensed financial statements of the Company and the accompanying notes included in this Quarterly Report on Form 10-Q are unaudited. In the opinion of management, all adjustments necessary for a fair presentation of the Condensed Financial Statements have been included. Such adjustments are of a normal, recurring nature. The Condensed Financial Statements, and the accompanying notes, are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and do not contain certain information included in the Company’s Annual Report on Form 10-K for the fiscal year ended May 31, 2020. The interim Condensed Financial Statements should be read in conjunction with that Annual Report on Form 10-K. Results for the interim periods presented are not necessarily indicative of the results that might be expected for the entire fiscal year.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Concentrations of Credit Risk	Concentrations of Credit Risk The Company maintains our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. Accounts are guaranteed by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 under current regulations. The Company had approximately $3,049,699 and $3,768,042 in excess of FDIC insured limits at February 28, 2021 and May 31, 2020, respectively. The Company has not experienced any losses in such accounts.
Reclassifications	Reclassifications In the current period, the Company separately classified professional fees from general and administrative expenses in the Condensed Statement of Operations. For comparative purposes, amounts in the prior period have been reclassified to conform to the current period presentation. These reclassifications had no effect on previously reported results of operations.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Under FASB ASC 820-10-05, the Financial Accounting Standards Board establishes a framework for measuring fair value in generally accepted accounting principles and expands disclosures about fair value measurements. This Statement reaffirms that fair value is the relevant measurement attribute. The adoption of this standard did not have a material effect on the Company’s financial statements as reflected herein. The carrying amounts of cash, accounts payable and accrued expenses reported on the balance sheets are estimated by management to approximate fair value primarily due to the short-term nature of the instruments. The Company had no items that required fair value measurement on a recurring basis.
Software Development costs	Software Development Costs The Company expenses software development costs, including costs to develop software products or the software component of products to be sold, leased, or marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached shortly before the release of such products. Software development costs also include costs to develop software to be used solely to meet internal needs and cloud-based applications used to deliver our services. The Company capitalizes development costs related to these software applications once the preliminary project stage is complete and it is probable that the project will be completed, and the software will be used to perform the function intended. Capitalization ends, and amortization begins when the product is available for general release to customers.
Impairment of Intangible Assets	Impairment of Intangible Assets The Company reviews intangible assets for impairment when events or changes in circumstances indicate the carrying amount may not be recoverable. The Company measures recoverability of these assets by comparing the carrying amounts to the future undiscounted cash flows that the assets or the asset group are expected to generate. If the carrying value of the assets are not recoverable, the impairment recognized is measured as the amount by which the carrying value of the asset exceeds its fair value.
Convertible Instruments	Convertible Instruments The Company evaluates its convertible instruments, options, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for under ASC Topic 815, “Derivatives and Hedging.” The result of this accounting treatment is that the fair value of the derivative is marked-to-market each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the statement of operations as other income (expense). Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. Equity instruments that are initially classified as equity that become subject to reclassification under ASC Topic 815 are reclassified to liabilities at the fair value of the instrument on the reclassification date. We analyzed the derivative financial instruments (the Convertible Notes), in accordance with ASC 815. The objective is to provide guidance for determining whether an equity-linked financial instrument is indexed to an entity’s own stock. This determination is needed for a scope exception which would enable a derivative instrument to be accounted for under the accrual method. The classification of a non-derivative instrument that falls within the scope of ASC 815-40-05 “Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock” also hinges on whether the instrument is indexed to an entity’s own stock. A non-derivative instrument that is not indexed to an entity’s own stock cannot be classified as equity and must be accounted for as a liability. There is a two-step approach in determining whether an instrument or embedded feature is indexed to an entity’s own stock. First, the instrument's contingent exercise provisions, if any, must be evaluated, followed by an evaluation of the instrument's settlement provisions. The Company utilized multinomial lattice models that value the derivative liability within the notes based on a probability weighted discounted cash flow model. The Company utilized the fair value standard set forth by the Financial Accounting Standards Board, defined as the amount at which the assets (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale.
Revenue Recognition	Revenue Recognition Effective June 1, 2019, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the licensing of our software by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. There was no impact on the Company’s financial statements from the adoption of ASC 606 for the nine months ended February 28, 2021 or the year ended May 31, 2020. We derive revenue principally from licensing our intellectual property, including our game, and related extra content and services that can be utilized by players of our game. · identifying the contract(s) with the customer; · identifying the performance obligations in the contract; · determining the transaction price; · allocating the transaction price to performance obligations in the contract; and · recognizing revenue as each performance obligation is satisfied through the transfer of a promised good or service to a customer (i.e., “transfer of control”). Online-Hosted Service Games. Licensing Revenue We utilize third-party licensees to distribute and host our games and content in accordance with license agreements, for which the licensees typically pay us a fixed minimum guarantee and/or sales-based royalties. These arrangements typically include multiple performance obligations, such as a time-based license of software and future update rights. We recognize as revenue a portion of the minimum guarantee when we transfer control of the license of software (generally upon commercial launch) and the remaining portion ratably over the contractual term in which we provide the licensee with future update rights. Any sales-based royalties are generally recognized as the related sales occur by the licensee. Significant Judgments around Revenue Arrangements Identifying performance obligations. Determining the transaction price. Allocating the transaction price. Determining the Estimated Offering Period.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for equity instruments issued to employees in accordance with the provisions of ASC 718 Stock Compensation (ASC 718) and Equity-Based Payments to Non-employees pursuant to ASC 2018-07 (ASC 2018-07). All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. The measurement date of the fair value of the equity instrument issued is the earlier of the date on which the counterparty's performance is complete or the date at which a commitment for performance by the counterparty to earn the equity instruments is reached because of sufficiently large disincentives for nonperformance.
Basic and Diluted Loss Per Share	Basic and Diluted Loss Per Share Basic earnings per share (“EPS”) are computed by dividing net income (the numerator) by the weighted average number of common shares outstanding for the period (the denominator). Diluted EPS is computed by dividing net income by the weighted average number of common shares and potential common shares outstanding (if dilutive) during each period. Potential common shares include stock options, warrants and restricted stock. The number of potential common shares outstanding relating to stock options, warrants and restricted stock is computed using the treasury stock method. For the periods presented, potential dilutive securities had an anti-dilutive effect and were not included in the calculation of diluted net loss per common share.
Income Taxes	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not, that such asset will not be recovered through future operations.
Uncertain Tax Positions	Uncertain Tax Positions In accordance with ASC 740, “Income Taxes” (“ASC 740”), the Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be capable of withstanding examination by the taxing authorities based on the technical merits of the position. These standards prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. These standards also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Various taxing authorities may periodically audit the Company’s income tax returns. These audits include questions regarding the Company’s tax filing positions, including the timing and amount of deductions and the allocation of income to various tax jurisdictions. In evaluating the exposures connected with various tax filing positions, including state and local taxes, the Company records allowances for probable exposures. A number of years may elapse before a particular matter, for which an allowance has been established, is audited and fully resolved. The Company has not yet undergone an examination by any taxing authorities. The assessment of the Company’s tax position relies on the judgment of management to estimate the exposures associated with the Company’s various filing positions.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) No other new accounting pronouncements, issued or effective during the period ended February 28, 2021, have had or are expected to have a significant impact on the Company’s financial statements.

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Feb. 28, 2021
Fair Value Disclosures [Abstract]
Valuation of Financial Instruments	The following schedule summarizes the valuation of financial instruments at fair value on a recurring basis in the balance sheets as of February 28, 2021 and May 31, 2020, respectively: Fair Value Measurements at February 28, 2021 Level 1 Level 2 Level 3 Assets Cash $ 3,561,069 $ — $ — Total assets 3,561,069 — — Liabilities Convertible notes payable, related party — — 10,500,000 Total liabilities — — 10,500,000 $ 3,561,069 $ — $ (10,500,000 ) Fair Value Measurements at May 31, 2020 Level 1 Level 2 Level 3 Assets Cash $ 4,017,107 $ — $ — Total assets 4,017,107 — — Liabilities Convertible notes payable, related party — — 10,500,000 Total liabilities — — 10,500,000 $ 4,017,107 $ — $ (10,500,000 )

CONVERTIBLE NOTES PAYABLE, RE_2

CONVERTIBLE NOTES PAYABLE, RELATED PARTY (Tables)	9 Months Ended
	Feb. 28, 2021
Debt Disclosure [Abstract]
Convertible Notes Payable, Related Party	Convertible notes payable, related party consists of the following at February 28, 2021 and May 31, 2020, respectively: February 28, May 31, 2021 2020 On February 26, 2017, Sky Rover Holdings, Ltd (“Sky Rover), which is owned and controlled by Mr. Pei, agreed to loan up $20,000,000 to the Company, of which $8,000,000 was loaned on February 28, 2017. Sky Rover was issued an unsecured, 5%, convertible promissory note which, as amended, is due on February 28, 2024, and is, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest may also be paid by issuing restricted shares of common stock, at the same conversion price per share. On June 26, 2018, the Company repaid $4,000,000 of principal of this loan. In addition, Sky Rover converted $1,500,000 of principal of this loan into common shares at the conversion price of $0.08 per share into a total of 18,750,000 shares. Sky Rover waived accrued and unpaid interest of $363,904, which was credited to additional paid in capital. As of February 28, 2021, there is $501,453 of accrued interest due on this loan. $ 2,500,000 $ 2,500,000 On November 20, 2017, Sky Rover loaned an additional $8,000,000 to the Company. Sky Rover was issued an unsecured, 5%, convertible promissory note which, as amended, is due on November 20, 2024, and is, in whole or in part, at the option of the holder, convertible into common shares at any time before the due date, at a conversion price of $0.08 per share (subject to adjustment in the event of stock splits, forward splits, recapitalizations, a merger, etc.). At the option of the Company, the interest may also be paid by issuing restricted shares of common stock, at the same conversion price per share. As of February 28, 2021, there is $1,310,685 of accrued interest on this loan. 8,000,000 8,000,000 Total convertible notes payable, related party 10,500,000 10,500,000 Less: current portion — — Convertible notes payable, related party, less current portion $ 10,500,000 $ 10,500,000
Interest expense	The Company recognized interest expense for the nine months ended February 28, 2021 and 2020, respectively, as follows: February 28, February 29 2021 2020 Interest on due to related parties $ — $ 7,604 Interest on convertible notes, related party 392,671 394,110 Total interest expense $ 392,671 $ 401,714

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - LEASE (Tables)	9 Months Ended
	Feb. 28, 2021
Commitments and Contingencies Disclosure [Abstract]
Components of lease expense	The components of lease expense were as follows: For the Nine Months Ended February 28, 2021 Operating lease cost: Amortization of assets $ 111,356 Interest on lease liabilities 23,644 Total operating lease cost $ 135,000
Supplemental balance sheet information	Supplemental balance sheet information related to leases was as follows: February 28, 2021 Operating lease: Operating lease assets $ 331,658 Current portion of operating lease obligation $ 159,221 Noncurrent operating lease obligation 172,437 Total operating lease obligation $ 331,658 Weighted average remaining lease term: Operating leases 2.0 years Weighted average discount rate: Operating lease 8.00 %
Supplemental cash flow and other information related to operating leases	Supplemental cash flow and other information related to operating leases was as follows: For the Nine Months Ended February 28, 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used for operating leases $ 135,000
Future minimum annual lease payments	Future minimum annual lease payments required under the operating lease and the present value of the net minimum lease payments are as follows at February 28, 2021 : For the Fiscal Year Minimum Lease Ended May 31: Commitments 2021* $ 45,000 2022 180,000 2023 135,000 Total payments $ 360,000 Amount representing interest $ (28,342 ) Lease obligation, net 331,658 Less current portion (159,221 ) Lease obligation – long term $ 172,437 * Liability pertains to the remaining three-month period from March 1, 2021 through May 31, 2021.

ORGANIZATION, BASIS OF PRESEN_3

ORGANIZATION, BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	1 Months Ended	12 Months Ended
	Apr. 30, 2015	May 31, 2020	Feb. 28, 2021	Apr. 26, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of common shares sold through stock purchase agreement				6,000,000
Percentage of issued and outstanding stock sold through stock purchase agreement				73.80%
Common stock, shares issued		107,483,450	107,483,450	8,130,000
Common stock, shares outstanding		107,483,450	107,483,450	8,130,000
Proceeds from issuance of common stock	$ 340,000
Purchase of software, related party		$ 179,300
excess of FDIC insured limits		$ 3,768,042	$ 3,049,699

RELATED PARTIES (Details)

RELATED PARTIES (Details)	1 Months Ended		3 Months Ended	5 Months Ended
	Feb. 28, 2021USD ($)	Oct. 31, 2020USD ($)	Feb. 28, 2021USD ($)	Sep. 30, 2020USD ($)	Jan. 04, 2021	May 31, 2020USD ($)
Related Party Transactions [Abstract]
Monthly rent	$ 15,000		$ 15,000			$ 15,000
Accounts payable, related party	12,620		12,620			15,006
Initial setup fee from license agreement with related party				$ 50,000
Monthly royalty from license agreement	5,000	$ 5,000
Deferred revenues, related party	$ 8,335		8,335			$ 5,834
Hourly rate for software development					50
Fee paid for services			$ 337,000

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	Feb. 28, 2021	May 31, 2020
Level 1 [Member]
Cash	$ 3,561,069	$ 4,017,107
Total assets	3,561,069	4,017,107
Convertible notes payable, related party
Total liabilities
Total	3,561,069	4,017,107
Level 2 [Member]
Cash
Total assets
Convertible notes payable, related party
Total liabilities
Total
Level 3 [Member]
Cash
Total assets
Convertible notes payable, related party	10,500,000	10,500,000
Total liabilities	10,500,000	10,500,000
Total	$ (10,500,000)	$ (10,500,000)

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details)	12 Months Ended
	May 31, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Purchase of software, related party	$ 179,300

CONVERTIBLE NOTES PAYABLE, RE_3

CONVERTIBLE NOTES PAYABLE, RELATED PARTY (Details) - USD ($)	Jun. 26, 2018	Nov. 20, 2017	Feb. 28, 2017	Feb. 28, 2021	Feb. 29, 2020	Feb. 28, 2021	Feb. 29, 2020	May 31, 2020	Feb. 26, 2017
Related Party Transaction [Line Items]
Convertible Notes Payable - Related Party				$ 10,500,000		$ 10,500,000		$ 10,500,000
Accrued interest				1,812,138		1,812,138		1,419,467
Interest on due to related parties							$ 7,604
Interest on convertible notes, related party						392,671	394,110
Interest expense				129,452	$ 133,699	392,671	$ 401,714
Current maturities of convertible notes payable, related party
Convertible notes payable, related party				10,500,000		10,500,000		10,500,000
Sky Rover Holdings, Ltd. [Member]
Related Party Transaction [Line Items]
Convertible Notes Payable - Related Party				2,500,000		2,500,000		2,500,000
Accrued interest				501,453		501,453
Accrued and upaid interest waived	$ 363,904
Shares issued in conversion	18,750,000
Sky Rover Holdings, Ltd. [Member] | Convertible promissory note [Member]
Related Party Transaction [Line Items]
Stock issued for conversion of debt	$ 1,500,000
Repayment of related party loan	$ 4,000,000
CEO [Member] | Sky Rover Holdings, Ltd. [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Loan commitment									$ 20,000,000
CEO [Member] | Sky Rover Holdings, Ltd. [Member]
Related Party Transaction [Line Items]
Proceeds from a related party			$ 8,000,000
Interest rate			5.00%
Maturity date			Feb. 28, 2024
Conversion price			$ 0.08
CEO [Member] | Sky Rover Holdings, Ltd. [Member]
Related Party Transaction [Line Items]
Proceeds from a related party		$ 8,000,000
Convertible Notes Payable - Related Party				$ 8,000,000		$ 8,000,000		$ 8,000,000
Interest rate		5.00%
Maturity date		Nov. 20, 2024
Conversion price		$ 0.08		$ 0.08		$ 0.08
Accrued interest				$ 1,310,685		$ 1,310,685
Shares of restricted stock issued if convertible debt is converted				131,250,000		131,250,000
Current number of shares owned				101,353,450		101,353,450
Number of shares owned if debt converted				232,603,450		232,603,450
Number of shares outstanding if debt converted				238,733,450		238,733,450
Percentage of shares owned if debt converted				97.40%		97.40%

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES - LEASE (Details) - USD ($)		3 Months Ended		9 Months Ended
		Feb. 28, 2021	Feb. 29, 2020	Feb. 28, 2021	Feb. 29, 2020	May 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Monthly base rent		$ 15,000		$ 15,000		$ 15,000
Maximum possible rent increase per year, percentage		3.00%		3.00%
Rent expense		$ 45,000	$ 45,000	$ 135,000	$ 135,000
Amortization of assets				111,356
Interest on lease liabilities				23,644
Total operating lease cost				135,000
Operating lease assets		$ 331,658		$ 331,658		443,014
Weighted average remaining lease term		2 years		2 years
Discount rate		8.00%		8.00%
Operating cash flows used for operating leases				$ 135,000
2021	[1]	$ 45,000		45,000
2022		180,000		180,000
2023		135,000		135,000
Total		360,000		360,000
Amount representing interest		(28,342)		(28,342)
Lease obligation, net		331,658		331,658
Less current portion		(159,221)		(159,221)		(149,979)
Lease obligation - long term		$ 172,437		172,437		$ 293,035
Cash paid under operating lease				$ 135,000
[1]	Liability pertains to the remaining six-month period from December 1, 2020 through May 31, 2021.

CHANGES IN STOCKHOLDERS' EQUI_2

CHANGES IN STOCKHOLDERS' EQUITY (Details) - $ / shares	Feb. 28, 2021	May 31, 2020	Apr. 26, 2015
Equity [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, share issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	107,483,450	107,483,450	8,130,000
Common stock, shares outstanding	107,483,450	107,483,450	8,130,000

INCOME TAX (Details)

INCOME TAX (Details)	9 Months Ended
	Feb. 28, 2021USD ($)
Income Tax Disclosure [Abstract]
federal net operating losses	$ 6,300,000
Expiration	Dec. 31, 2034