MJ Harvest (MJHI) 10-Q 19 Apr 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Feb. 28, 2021	Apr. 01, 2020
Document And Entity Information
Entity Registrant Name	MJ Harvest, Inc.
Entity Central Index Key	0001789330
Document Type	10-Q
Document Period End Date	Feb. 28, 2021
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Emerging Growth Company	true
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		23,715,076
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021

Balance Sheets

Balance Sheets - USD ($)	Feb. 28, 2021	May 31, 2020
CURRENT ASSETS:
Cash and cash equivalents	$ 1,014	$ 32,343
Accounts receivable	4,500	19,216
Vendor deposits		20,000
Inventory	28,206	32,840
Total current assets	33,720	104,399
NON-CURRENT ASSETS:
Fixed assets, net	12,099	15,879
Finite-lived intangible assets, net	129,584	465,834
Indefinite-lived Intangible assets		25,000
Total non-current assets	141,683	506,713
Total Assets	175,403	611,112
CURRENT LIABILITIES:
Accounts payable and other current liabilities	129,970	97,861
Payable for discontinued operations (Note 3)	2,000
Total Current Liabilities	131,970	97,861
LONG-TERM LIABILITIES:
Common stock payable	158,571	100,000
Payable to related parties for services	210,000
Advances from related parties	973,982	829,982
Total long-term liabilities	1,342,553	929,982
Total Liabilities	1,474,523	1,027,843
SHAREHOLDERS' DEFICIENCY
Preferred stock, par value $0.0001, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value per share,50,000,000 shares authorized, 23,715,076 and 22,892,874 issued and outstanding, respectively	2,372	2,289
Common stock subject to cancellation on dicontinued operations (1,300,000 shares) (Note 3)	(336,875)
Additional paid in capital	4,004,393	3,763,374
Accumulated deficit	(4,969,010)	(4,182,394)
Stockholder's equity before non-controlling interest Total stockholders' equity (deficit)	(1,299,120)	(416,731)
Total Liabilities and Stockholders' Equity (Deficit)	$ 175,403	$ 611,112

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Feb. 28, 2021	May 31, 2020
Statement of Financial Position [Abstract]
Preferred Stock Par Value	$ 0.0001	$ 0.0001
Preferred Stock Shares Authorized	5,000,000	5,000,000
Preferred Stock Shares Issued	0	0
Preferred Stock Shares Outstanding	0	0
Common Stock Par Value	$ 0.0001	$ 0.0001
Common Stock Shares Authorized	100,000,000	100,000,000
Common Stock Shares Issued	23,715,076	22,892,874
Common Stock Shares Outstanding	23,715,076	22,892,874

Statements of Operations

Statements of Operations - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Nov. 30, 2019	Feb. 28, 2021
Income Statement [Abstract]
REVENUE	$ 14,377	$ 30,003	$ 118,094	$ 87,513
COST OF REVENUE	12,350	18,001	55,071	42,484
Gross profit	2,027	12,002	63,023	45,029
Operating expenses:
Officer and director compensation	135,000	110,000	372,500	400,000
General and administrative	23,027	9,166	61,099	59,410
Impairment of intangible assets			100,000
Professional fees and contract services	118,231	96,053	329,405	358,084
Total operating expenses	276,258	215,219	863,004	817,494
NET LOSS FROM OPERATIONS	(274,231)	(203,217)	(799,981)	(772,465)
LOSS FROM DISCONTINUED OPERATIONS
Operating loss on discontinued operations				(4,151)
Loss on discontinued operations				(10,000)
NET LOSS FROM DISCONTINUED OPERATIONS				(14,151)
NET LOSS	$ (274,231)	$ (203,217)	$ (799,981)	$ (786,616)
NET LOSS PER COMMON SHARE - Basic and diluted
From continuing operations	$ (0.01)	$ (0.01)	$ (0.04)	$ (0.03)
From discontinued operations				0
Total	$ (0.01)	$ (0.01)	$ (0.04)	$ (0.03)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - Basic and diluted	23,245,546	20,192,611	19,500,353	23,077,816

Shareholders Equity

Shareholders Equity - USD ($)	Common Stock	Additional Paid-In Capital	Common Stock Subject To Cancellation	Accumulated Deficit	Total
Beginning Balance, Shares at May. 31, 2019	18,758,739
Beginning Balance, Value at May. 31, 2019	$ 1,876	$ 1,784,486		$ (2,218,719)	$ (432,357)
Shares issued for compensation, Shares	1,702,420
Shares issued for compensation, Amount	$ 170	425,435			425,605
Shares issued for common stock payable, Shares	508,500
Shares issued for common stock payable, Amount	$ 51	127,074			127,125
Net loss				(799,981)	(799,981)
Ending Balance, Shares at Feb. 29, 2020	20,969,659
Ending Balance, Value at Feb. 29, 2020	$ 2,097	2,336,995		(3,018,700)	(679,608)
Beginning Balance, Shares at May. 31, 2020	22,892,874
Beginning Balance, Value at May. 31, 2020	$ 2,289	3,763,374		(4,182,394)	(416,731)
Shares issued for compensation, Shares	822,202
Shares issued for compensation, Amount	$ 83	241,019			241,102
Shares subject to cancellation due to discontinued operations			$ (336,875)		(336,875)
Net loss				(786,616)	(786,616)
Ending Balance, Shares at Feb. 28, 2021	23,715,076
Ending Balance, Value at Feb. 28, 2021	$ 2,372	$ 4,004,393	$ (336,875)	$ (4,969,010)	$ (1,299,120)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	6 Months Ended	9 Months Ended
	Nov. 30, 2019	Feb. 28, 2021
CASH FLOWS FROM OPERATING ACTIVITIES :
Net loss	$ (799,981)	$ (786,616)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	9,196	28,155
Share based compensation	425,605	241,102
Common stock payable for compensation		58,571
Impairment of intangible asset	100,000
Changes in operating assets and liabilities
Accounts receivable	9,091	14,716
Vendor deposits	480	20,000
Inventory	13,132	4,634
Payable for discontinued operations		2,000
Accounts payable and other current liabilities	11,257	32,109
Payable to related party for services		210,000
NET CASH (USED IN) OPERATING ACTIVITIES	(231,220)	(175,329)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from advances by related parties	144,000	144,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	144,000	144,000
NET CHANGE IN CASH AND CASH EQUIVALENTS	(10,442)	(31,329)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	13,592	32,343
CASH AND CASH EQUIVALENTS END OF YEAR	3,150	1,014
Non-cash financing and investing activities:
Shares issued for common stock payable	127,125
Shares payable for intangible assets	100,000
Shares to be cancelled on discontinued operations (Note 3)		$ 336,875

NATURE OF BUSINESS AND SIGNIFIC

NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Feb. 28, 2021
Accounting Policies [Abstract]
NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES Nature of Business MJ Harvest, Inc. (the “Company” or “MJHI”), develops, acquires, and distributes agricultural and horticultural tools and implements for sale primarily to growers and operators in the hemp and cannabis retail industry. In 2017, the Company acquired a 51% interest in G4 Products LLC, (“G4”) which owns the intellectual property for a manual debudder product line marketed under the Original 420 Brand as the Debudder Bucket Lid and Edge. The Company organized AgroExports LLC (“Agro”) to serve as the domestic and international distribution arm for sales of agricultural and horticultural tools and implements and created www.procannagro.com for online sales. In September 2018, the Company changed its name to MJ Harvest, Inc. The articles of incorporation with the State of Nevada were amended and restated to reflect the name change with an effective date of September 18, 2018, and on December 10, 2020, the articles were again amended and restated to increase the number of authorized common shares from 50,000,000 to 100,000,000, with no effect on the outstanding common shares or the par value of the common stock. On December 7, 2018, the Company acquired the remaining 49% of G4, making it a wholly owned subsidiary. On April 10, 2019, the Company formed AgroExports.CA ULC (“Agro Canada”), a wholly owned Canadian subsidiary in order to facilitate online payments from sales in Canada. Sales in Canada are currently serviced through a fulfillment center in Toronto. On April 8, 2020, the Company finalized an acquisition from Elevated Ag Solutions, Inc. (“Elevated”) of several domain names, a non-compete agreement, and customer relationships and began selling a broad range of products, including soils and soil enhancements, through www.weedfarmsupply.com. The Company operated the business through the end of the first quarter, but due to unforeseen difficulties in obtaining adequate transaction details, and lack of performance of the web site, the Company entered into an agreement to unwind the acquisition. No sales were generated from this acquisition in the quarter ended February 28, 2021. See Note 3 – Intangible Assets. Basis of Presentation and Consolidation The Company’s fiscal year-end is May 31. The unaudited financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of the Company’s management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the three and nine-month periods ended February 28, 2021 are not necessarily indicative of the results that may be expected for the fiscal year ending May 31, 2021. For further information refer to the financial statements and footnotes thereto in the Company’s audited financial statements for the year ended May 31, 2020 in the Form 10-K as filed with the Securities and Exchange Commission. The consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries Agro, G4, and Agro Canada. All intercompany transactions have been eliminated. Going Concern The Company has an accumulated deficit of $4,969,010 which, among other factors, raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. The intangible assets owned by G4, consisting of patents and other intangible assets relating to the Debudder Products, serve as a building block for the Company’s efforts to grow revenues. In the nine months ended February 28, 2021, the Company generated operating revenue from the Debudder Products but the level of revenue from the current product line has not been sufficient to support profitable operations to date. Additional acquisitions and business opportunities are under consideration, but as of February 28, 2021, the Company has not reached agreement with any other acquisition candidates or business opportunities. Management intends to finance operating costs over the next twelve months with advances from directors, funds borrowed from third-party lenders, and/or a private placement or public offering of common stock. The accompanying financial statements do not include any adjustments that might be required should the Company be unable to continue as a going concern. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Share based compensation, impairment of long-lived assets, amortization of intangible assets, and income taxes are subject to estimates. Actual results could differ from those estimates. Reclassifications Certain prior period amounts have been reclassified to conform with the current period presentation. New Accounting Standards In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework- Changes to the Disclosure Requirements for Fair Value Measurement. The update modifies the disclosure requirements for recurring and nonrecurring fair value measurements, primarily those surrounding Level 3 fair value measurements and transfers between Level 1 and Level 2. The new standard is effective for fiscal years beginning after December 15, 2019, including interim periods within that reporting period. Adoption of this update as of June 1, 2020 did not have a material impact on the Company’s consolidated financial statements. In November 2018, the FASB issued ASU 2018-18, Clarifying the Interaction Between Topic 808 and Topic 606 Revenue from Contracts with Customers, which clarifies when transactions between participants in a collaborative arrangement are within the scope of Topic 606. Adoption of this update as of June 1, 2020 did not have a material impact on the Company’s consolidated financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption. Revenue Recognition The Company recognizes revenue from the sale of products and services in accordance with Accounting Standards Codification (“ASC”) 606,” Revenue Recognition.” At February 28, 2021, the Company operates as one reportable segment. The Company generates revenue based on sales of products and revenue is recognized when the Company satisfies its performance obligation by shipping products to its customers. The Company’s products consist of agricultural tools and implements, soils, and soil additives used primarily in growing and harvesting hemp and marijuana. Shipments terms are FOB origination, so revenue is recognized when the product is delivered to the shipper by the Company’s fulfillment centers or, in the case of drop shipments of distributed products, when the products are shipped from the manufacturer. At the time the products are delivered to the shipper, no other performance obligations remain. Revenue is recognized in an amount that reflects the consideration that is received in exchange for the products shipped. The Company accounts for shipping and handling activities as a fulfillment cost and include fees received for shipping and handling as part of the transaction price. Provision for sales incentives, discounts, and returns and allowances, if applicable, are accounted for as reductions of revenue in the period the related sales are recorded. Sales incentives, discounts and returns and allowances were not material in the periods presented in the accompanying consolidated financial statements. The Company had no warranty costs associated with the sales of its products in the periods presented in the accompanying consolidated statements of operations and no provision for warranty expenses has been included. Inventory Inventory consists of purchased products and are stated at the lower of cost or net realizable value, with cost being determined using the average cost method on a first-in first-out basis. Allowances for obsolete inventory are recognized when the inventory is determined to be unsalable through the normal course of business. Inventory consists of the Company’s debudder products in 5-gallon bucket lid and edge models. The soils business has been discontinued and the Company does not maintain and inventory of any soil products. Intangible Assets Intangible assets are accounted for in accordance with ASC 350 “Intangibles-Goodwill and Other” (“ASC 350”). Intangible asset amounts represent the acquisition date fair values of identifiable intangible assets acquired. The Company’s finite-lived intangible assets consist of patents, a non-compete agreement, and customer relationships. The Company’s indefinite-lived intangible assets consist of acquired domain names. Finite-lived intangible assets are amortized over their useful lives, which are currently ten years for patents, two years for the non-compete agreement, and ten years for customer relationships. The carrying amounts of finite-lived intangible assets are evaluated for recoverability whenever events or changes in circumstances indicate that the Company may be unable to recover the asset’s carrying amount. When there is no foreseeable limit on the period of time over which an intangible asset is expected to contribute to the cash flows of the Company, an intangible asset is determined to have an indefinite life. Indefinite life intangible assets are not amortized but tested for impairment annually or more frequently when indicators of impairment exist. Net Earnings (Loss) Per Share Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares and dilutive common stock equivalents outstanding. During periods in which the Company incurs losses, potentially dilutive common stock equivalents, if any, are not considered, as their effect would be anti-dilutive. During the periods ended February 28, 2021 and February 29, 2020, the Company had no common stock equivalents outstanding. Share-Based Payments All transactions in which goods or services are received for the issuance of shares of the Company’s common stock are accounted for based on the fair value of the common stock issued and recognized when the board of directors authorizes the issuance.

FIXED ASSETS

FIXED ASSETS	9 Months Ended
	Feb. 28, 2021
Notes to Financial Statements
FIXED ASSETS	NOTE 2 – FIXED ASSETS Fixed assets consisted of the following at February 28, 2021 and May 31, 2020: February 28, May 31, Property & Equipment 2021 2020 Equipment - production molds $ 25,109 $ 25,109 Less: Accumulated amortization (13,010 ) (9,230 ) Net Equipment $ 12,099 $ 15,879 Depreciation expense for the three and nine-months ended February 28, 2021 were $1,260 and $3,780, respectively and for the three and nine-month periods ended February 29, 2020 were $1,260 and $3,780, respectively.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Feb. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 3 - INTANGIBLE ASSETS The Company’s intangible assets consist of both finite and indefinite lived assets. Finite-lived assets include patent rights acquired in the acquisition of G4, a non-compete agreement, and customer relationships acquired in the Elevated transaction. The Company’s sole indefinite lived asset was the five domain names acquired in the Elevated transaction. Both acquisitions are described below. At February 28, 2021 and May 31, 2020, intangibles assets are: February 28, May 31, Intangibles 2021 2020 Finite lived intangibles Patents $ 250,000 $ 250,000 Less: Impairment of patents (100,000 ) (100,000 ) 150,000 150,000 Less: accumulated amortization (20,416 ) (9,166 ) Patents, net 129,584 140,834 Non-compete agreement 157,000 157,000 Less: impairment of non-compete (107,000 ) (107,000 ) 50,000 50,000 Less: accumulated amortization (6,900 ) — Less: adjustment for discontinued operations (43,100 ) — Non-compete agreement, net — 50,000 Customer relationships 826,000 826,000 Less: Impairment of relationships (551,000 ) (551,000 ) 275,000 275,000 Less: accumulated amortization (6,225 ) — Less: adjustment for discontinued operations (268,775 ) Customer relationships, net — 275,000 Total finite lived intangibles 129,584 465,834 Indefinite lived intangibles Domain names 25,000 25,000 Less: adjustment for discontinued operations (25,000 ) — Total domain names — 25,000 Total intangibles $ 129,584 $ 490,834 Amortization of intangibles for each of the next five years is: 2021 $ 15,000 2022 $ 15,000 2023 $ 15,000 2024 $ 15,000 2025 $ 15,000 Amortization expense for the three and nine-months ended February 28, 2021 was $3,750 and $24,375, respectively . The patents are amortized over their useful lives of ten years. The intangible non-compete agreement and customer relationships were being amortized over their estimated useful lives of two years and ten years, respectively, commencing June 1, 2020. After the Company acquired the assets from Elevated in the fourth quarter of the fiscal year ended May 31, 2020, the Company began a soils division for the quarter ended August 31, 2020. During that period, the Company noted unanticipated difficulties in obtaining accurate transaction data on a timely basis, and management also estimated that the business was not properly positioned to become profitable within a reasonable time frame. Accordingly, management elected to discontinue operations of the soils division during the three months ended November 30, 2020. The Company entered into negotiations with the seller of the assets (Elevated), to unwind the acquisition and return the acquired assets to the seller. On October 30, 2020, a settlement agreement was signed that provided for a return of all acquired assets to Elevated, cancellation of employment and non-compete agreements, return of 1,300,000 shares of the Company’s common stock paid to Elevated in the acquisition, and an agreement by the Company to pay $10,000 to Elevated in $2,000 per month installments over five months. The cancellation of the common stock issued by the Company will become final upon payment of the full $10,000. For purposes of these financial statements, the Company has recorded the return of the assets, a balance payable of $10,000 net of $8,000 in payments made through February 28, 2021. The stock will be cancelled after the final payment is made, which will occur in fiscal fourth quarter ending May 31, 2021. As of February 28, 2021, the Company owed $2,000 on the settlement payment and this amount was paid in full on March 5, 2021. Results of Elevated operations for the three and nine-month periods ended February 28, 2021 are shown as discontinued operations on the consolidated statement of operations. The results from discontinued operations are as follows: OPERATING RESULTS Three Months Nine Months Ended Ended February 28, 2021 February 28, 2021 Revenue $ — $ 75,217 Cost of revenue — 66,243 Amortization — 13,125 Gross profit (loss) — (4,151 ) Loss on discontinued operations — (10,000 ) $ — $ (14,151 )

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Feb. 28, 2021
Notes to Financial Statements
RELATED PARTY TRANSACTIONS	NOTE 4 – RELATED PARTY TRANSACTIONS At February 28, 2021 and May 31, 2020, the Company had advances from related parties and balances payable to related parties for services totaling $1,183,982 and $829,982 respectively. These amounts are classified as long-term liabilities as it is anticipated they will be settled with shares of the Company’s common stock. During the three and nine-month periods ended February 28, 2021, the related party transactions included the following: RELATED PARTY TRANSACTIONS Related Party Advances at Additions During the Nine Months Ended February 28, 2021 Related Party Advances at Payable to Related Parties for Services at May 31, 2020 Advances Services February 28, 2021 February 28, 2021 Related Parties Patrick Bilton, CEO and Director Cash advances $ 726,414 $ 138,000 $ — $ 864,414 $ — Payable for services — 210,000 210,000 David Tobias, Director 80,553 — — 80,553 — Jerry Cornwell, Director 23,015 6,000 — 29,015 — Totals $ 829,982 $ 144,000 $ 210,000 $ 973,982 $ 210,000 Related Party Advances at Additions During the Nine Months Ended February 29, 2020 Related Party Advances at Payable to Related Parties for Services at May 31, 2019 Advances Services February 29, 2020 February 29, 2020 Related Parties Patrick Bilton, CEO and Director $ 448,455 $ 214,959 $ — $ 663,414 $ — David Tobias, Director 75,553 5,000 — 80,553 — Jerry Cornwell, Director 15,696 819 — 16,515 — Total for related parties $ 539,704 $ 220,778 $ — $ 760,482 $ —

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Feb. 28, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 5 – COMMITMENTS AND CONTINGENCIES The agreement for the acquisition of G4 during the year ended May 31, 2019 included earn-out provisions that provide for the seller to “earn-out” additional compensation dependent upon product sales. The earn-out provisions were applicable to sales of G4’s products for calendar years 2018-2020. The earn-out compensation was based upon a calculation of sales of G4’s products less the Company’s original investment in G4. Sales of the G4 products were not sufficient to warrant an earnout payment and this contingency lapsed on December 31, 2020. The G4 acquisition agreement also contained provisions for additional consideration of $100,000, payable in shares of the Company’s common stock, when certain patents were issued. On October 8, 2019, the patents were issued by the USPTO to G4 and the Company recorded $100,000 as stock payable. The amount was also added to intangible assets – patents (see Note 3). The shares have not yet been issued at the request of the inventor entitled to the shares, but the Company expects to issue shares to satisfy the stock payable balance during the calendar year ending December 31, 2021. In connection with the acquisition of the domain names, non-compete and customer relationships referred to as the Elevated acquisition, the Company agreed to certain contingent value shares and certain earnout shares. These agreements were cancelled when the Company and Elevated agreed to unwind the transaction as described in Note 3.

SHARE CAPITAL

SHARE CAPITAL	9 Months Ended
	Feb. 28, 2021
Compensation Related Costs [Abstract]
SHARE CAPITAL	NOTE 6 – SHARE CAPITAL In the three and nine-month periods ended February 28, 2021 and February 29, 2020, the Company issued shares of stock for various purposes as described in the following tables. In addition, the Company had obligations to issue shares of stock at the end of each period as reflected in the following tables: Nine Months Ended February 28, 2021 Shares issued in the Period for: Shares Issuable at February 28, 2021 Common Stock Payable Services & Other Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton - $ - - $ - - $ - - $ - - $ - - $ - David Tobias - - 78,571 20,000 78,571 20,000 - - 8,403 10,000 8,403 10,000 Jerry Cornwell - - 78,571 20,000 78,571 20,000 - - 8,403 10,000 8,403 10,000 Brad Herr - - 117,857 30,000 117,857 30,000 - - 12,605 15,000 12,605 15,000 Total for related parties - $ - 274,999 $ 70,000 274,999 $ 70,000 - $ - 29,411 $ 35,000 29,411 $ 35,000 Unrelated Parties - $ - 547,203 $ 171,102 547,203 $ 171,102 400,000 $ 100,000 19,807 $ 23,571 419,807 $ 123,571 Aggregate Totals - $ - 822,202 $ 241,102 822,202 $ 241,102 400,000 $ 100,000 49,218 $ 58,571 449,218 $ 158,571 Three Months Ended February 28, 2021 Shares issued in the Period for: Shares Issuable at February 28, 2021 Common Stock Payable Services Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton - $ - - $ - - $ - - $ - - $ - - $ - David Tobias 28,571 10,000 - - 28,571 10,000 - - 8,403 10,000 8,403 10,000 Jerry Cornwell 28,571 10,000 - - 28,571 10,000 - - 8,403 10,000 8,403 10,000 Brad Herr 42,857 15,000 - - 42,857 15,000 - - 12,605 15,000 12,605 15,000 Total for related parties 99,999 $ 35,000 - $ - 99,999 $ 35,000 - $ - 29,411 $ 35,000 29,411 $ 35,000 Unrelated Parties 67,346 $ 23,571 200,000 $ 60,000 267,346 $ 83,571 400,000 $ 100,000 19,807 $ 23,571 419,807 $ 123,571 Aggregate Totals 167,345 $ 58,571 200,000 $ 60,000 367,345 $ 118,571 400,000 $ 100,000 49,218 $ 58,571 449,218 $ 158,571 Nine Months Ended February 29, 2020 Shares issued in the Period for: Shares Issuable at February 29, 2020 Common Stock Payable Services Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton 240,000 $ 60,000 820,000 $ 205,000 1,060,000 $ 265,000 - $ - - $ - - $ - David Tobias - - 100,000 25,000 100,000 25,000 - - - - - - Jerry Cornwell - - 100,000 25,000 100,000 25,000 - - - - - - Brad Herr 60,000 15,000 180,000 45,000 240,000 60,000 - - - - - - Total for related parties 300,000 $ 75,000 1,200,000 300,000 1,500,000 $ 375,000 - $ - - $ - - $ - Unrelated Parties 208,500 $ 52,125 502,420 $ 125,605 710,920 $ 177,730 400,000 $ 100,000 - $ - 400,000 $ 100,000 Aggregate Totals 508,500 $ 127,125 1,702,420 $ 425,605 2,210,920 $ 552,730 400,000 $ 100,000 - $ - 400,000 $ 100,000 Three Months Ended February 29, 2020 Shares issued in the Period for: Shares Issuable at February 29, 2020 Common Stock Payable Services Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton 260,000 $ 65,000 260,000 $ 65,000 520,000 $ 130,000 - $ - - $ - - $ - David Tobias 20,000 5,000 20,000 5,000 40,000 10,000 - - - - - - Jerry Cornwell 20,000 5,000 20,000 5,000 40,000 10,000 - - - - - - Brad Herr 60,000 15,000 60,000 15,000 120,000 30,000 - - - - - - Total for related parties 360,000 $ 90,000 360,000 90,000 720,000 $ 180,000 - $ - - $ - - $ - Unrelated Parties 114,000 $ 28,500 127,920 $ 31,980 241,920 $ 60,480 400,000 $ 100,000 - $ - 400,000 $ 100,000 Aggregate Totals 474,000 $ 118,500 487,920 $ 121,980 961,920 $ 240,480 400,000 $ 100,000 - $ - 400,000 $ 100,000

REVENUE

REVENUE	9 Months Ended
	Feb. 28, 2021
Revenue Recognition and Deferred Revenue [Abstract]
REVENUE	NOTE 7 – REVENUE Company product revenue is generated though sales of its debudder products and, from April 2020 through August 31, 2020, soil products offered through the Weed Farm Supply division acquired from Elevated. The Weed Farm Supply division was discontinued on September 1, 2020 (see Note 3). Revenue from this division are not included in the tables below. Three Months Three-months ended February 28, 2021 February 29, 2020 Debudder Products $ 14,377 $ 30,003 Three-months ended, Customer Concentrations February 28, 2021 February 29, 2020 Debudder sales Customer A $ - $ 8,397 Customer B 13,675 - Totals $ 13,675 $ 8,397 % of Total Revenues 95 % 28 % Nine Months Nine-months ended February 28, 2021 February 29, 2020 Debudder Products $ 87,513 $ 118,094 Nine-months ended Customer Concentrations February 28, 2021 February 29, 2020 Debudder sales Customer A $ 34,285 $ 44,197 Customer C 26,130 — Customer B 13,675 — Totals $ 74,090 $ 44,197 % of Total Revenues 85 % 37 % All sales were domestic except for $91 and $4,112 in the three and nine-month periods ended February 28, 2021 which were international. There were $0 and $1,700 in international sales in the three and nine-month periods ended February 29, 2020, respectively. As of February 28, 2021 and February 29, 2020, there were $4,500 and $100, respectively, of accounts receivable from the Company’s primary customers. Pursuant to the agreement for the acquisition of the Elevated assets (Notes 3 and 5), the Company was obligated to pay Elevated a percentage of monthly gross profit earned on the sale of products included in the Elevated asset acquisition. During the three-month period ended August 31, 2020, a total of $66,242 was recognized as cost of sales under this agreement. During the three-month period ended February 28, 2021, no amounts were earned by Elevated pursuant to this agreement. The Elevated Agreement has subsequently been unwound and no payments are due Elevated under the percentage of gross profit allocation formula contained in the original agreement.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Feb. 28, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENTS Elevated Payments In connection with unwinding the Elevated acquisition, the Company agreed to pay Elevated $10,000 in five installments of $2,000 each. Payments of $2,000 each were made in November, December, January, and February, leaving a current balance at February 28, 2021 of $2,000. The final payment was made on March 5, 2021 and the amount has been paid in full. The Company will cancel 1,300,000 shares of common stock issued in the asset acquisition in the fourth quarter. Borrowings Transactions On March 22, 2021, the Company, as the borrower, entered into agreements with AJB Capital Investments LLC and SDT Holdings LLC for the sale of an aggregate of $900,000 in Promissory Notes (the “Notes”), $300,000 from AJB and $600,000 for SDT. The terms of the Notes are the same except for the dollar amounts and fees which are double for SDT compared to AJB. The terms of the Notes are described below in the aggregate. The Notes provide for an original issue discount of 10% or $90,000, payment of legal fees of $22,500, and payment of $10,500 for due diligence fees, resulting in net proceeds to the Company of $777,000. The Company also agreed to pay a commitment fee of $750,000 payable by issuance of 1,200,000 shares of restricted common stock and 3,000,000 warrants that are exercisable at $0.38 per share with a three-year term expiring on March 21, 2024. The Notes bear interest at the rate of 12% if paid on or before September 21, 2021. MJHI has the right to extend the Notes for an additional six months at an interest rate of 15%, in which case the Notes would be due March 21, 2022. The Notes are secured by all assets of the Company. In addition, the notes require a financing fee of $54,000 which is payable in installments of $9,000 each month with the first payment due on April 1, 2021. In the event of default, the remaining principal amount of the Notes plus all accrued interest and other fees due under the terms of the Notes may be converted at the sole election of the Note holders into restricted common stock of the Company at a 90% of the market price for the Company’s shares at the time of conversion. PPK Transaction On March 24, 2021, the Company, as the lender, finalized a convertible note agreement with PPK Investment Group, Inc. (“PPK”) in the amount of $620,000. The convertible note bears interest at 6% per annum and is due on September 1, 2021. The conversion feature of the Note provides that the Company may convert the Note to acquire a 6.2% interest in PPK if allowed by Oklahoma State laws governing ownership of cannabis licenses. If converted, the interest accrued from the loan date of March 24, 2021 through the date of conversion will be forgiven. Upon conversion, the Company will also have the right to acquire an additional 3.8% interest in PPK (10% in total) for payment of $380,000 by issuance of restricted common stock of the Company priced at $0.25 per share or 1,520,000 shares. In the event of conversion of the Convertible Note into an investment in PPK, a Securities Purchase Agreement signed concurrently with the Convertible Note will also become effective. The Securities Purchase Agreement gives the Company the right to increase its investment up to a 100% ownership interest in PPK, provided such increased ownership is in compliance with Oklahoma State cannabis licensing requirements. the acquisition price would be paid on the same terms as the initial acquisition of the 10% interest - 62% in cash and 38% in share of the Company’s common stock with the stock priced at $0.25 per share. The total value of 100% acquisition of PPK is $10,000,000. The Securities Purchase Agreement, if activated by conversion of the convertible note, includes an earnout which could result in payment of additional consideration to PPK if the valuation at the end of a look back period is greater than $10,000,000. For purposes of the earnout, the valuation will be based on three times earnings before interest, taxes, depreciation, and amortization (EBITDA). The Securities Purchase Agreement, if activated by conversion of the convertible note, also contains agreement with Ralph Clinton Pyatt III (“Clinton Pyatt”), President of PPK, to continue his role as Chief Executive Officer and President of the PPK business for a period of at least three years. The Company also has an option to acquire the real estate that PPK utilizes in its operations. The real estate is currently under lease to Country Cannabis by an affiliated Company owned by Clinton Pyatt.

NATURE OF BUSINESS AND SIGNIF_2

NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Feb. 28, 2021
Accounting Policies [Abstract]
Nature of Business	Nature of Business MJ Harvest, Inc. (the “Company” or “MJHI”), develops, acquires, and distributes agricultural and horticultural tools and implements for sale primarily to growers and operators in the hemp and cannabis retail industry. In 2017, the Company acquired a 51% interest in G4 Products LLC, (“G4”) which owns the intellectual property for a manual debudder product line marketed under the Original 420 Brand as the Debudder Bucket Lid and Edge. The Company organized AgroExports LLC (“Agro”) to serve as the domestic and international distribution arm for sales of agricultural and horticultural tools and implements and created www.procannagro.com for online sales. In September 2018, the Company changed its name to MJ Harvest, Inc. The articles of incorporation with the State of Nevada were amended and restated to reflect the name change with an effective date of September 18, 2018, and on December 10, 2020, the articles were again amended and restated to increase the number of authorized common shares from 50,000,000 to 100,000,000, with no effect on the outstanding common shares or the par value of the common stock. On December 7, 2018, the Company acquired the remaining 49% of G4, making it a wholly owned subsidiary. On April 10, 2019, the Company formed AgroExports.CA ULC (“Agro Canada”), a wholly owned Canadian subsidiary in order to facilitate online payments from sales in Canada. Sales in Canada are currently serviced through a fulfillment center in Toronto. On April 8, 2020, the Company finalized an acquisition from Elevated Ag Solutions, Inc. (“Elevated”) of several domain names, a non-compete agreement, and customer relationships and began selling a broad range of products, including soils and soil enhancements, through www.weedfarmsupply.com. The Company operated the business through the end of the first quarter, but due to unforeseen difficulties in obtaining adequate transaction details, and lack of performance of the web site, the Company entered into an agreement to unwind the acquisition. No sales were generated from this acquisition in the quarter ended February 28, 2021. See Note 3 – Intangible Assets.
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation The Company’s fiscal year-end is May 31. The unaudited financial statements have been prepared by the Company in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of the Company’s management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the three and nine-month periods ended February 28, 2021 are not necessarily indicative of the results that may be expected for the fiscal year ending May 31, 2021. For further information refer to the financial statements and footnotes thereto in the Company’s audited financial statements for the year ended May 31, 2020 in the Form 10-K as filed with the Securities and Exchange Commission. The consolidated financial statements of the Company include the accounts of the Company and its wholly owned subsidiaries Agro, G4, and Agro Canada. All intercompany transactions have been eliminated.
Going Concern	Going Concern The Company has an accumulated deficit of $4,969,010 which, among other factors, raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. The intangible assets owned by G4, consisting of patents and other intangible assets relating to the Debudder Products, serve as a building block for the Company’s efforts to grow revenues. In the nine months ended February 28, 2021, the Company generated operating revenue from the Debudder Products but the level of revenue from the current product line has not been sufficient to support profitable operations to date. Additional acquisitions and business opportunities are under consideration, but as of February 28, 2021, the Company has not reached agreement with any other acquisition candidates or business opportunities. Management intends to finance operating costs over the next twelve months with advances from directors, funds borrowed from third-party lenders, and/or a private placement or public offering of common stock. The accompanying financial statements do not include any adjustments that might be required should the Company be unable to continue as a going concern.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Share based compensation, impairment of long-lived assets, amortization of intangible assets, and income taxes are subject to estimates. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain prior period amounts have been reclassified to conform with the current period presentation.
New Accounting Standards	New Accounting Standards In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework- Changes to the Disclosure Requirements for Fair Value Measurement. The update modifies the disclosure requirements for recurring and nonrecurring fair value measurements, primarily those surrounding Level 3 fair value measurements and transfers between Level 1 and Level 2. The new standard is effective for fiscal years beginning after December 15, 2019, including interim periods within that reporting period. Adoption of this update as of June 1, 2020 did not have a material impact on the Company’s consolidated financial statements. In November 2018, the FASB issued ASU 2018-18, Clarifying the Interaction Between Topic 808 and Topic 606 Revenue from Contracts with Customers, which clarifies when transactions between participants in a collaborative arrangement are within the scope of Topic 606. Adoption of this update as of June 1, 2020 did not have a material impact on the Company’s consolidated financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the consolidated financial statements upon adoption.
Revenue Recognition	Revenue Recognition The Company recognizes revenue from the sale of products and services in accordance with Accounting Standards Codification (“ASC”) 606,” Revenue Recognition.” At February 28, 2021, the Company operates as one reportable segment. The Company generates revenue based on sales of products and revenue is recognized when the Company satisfies its performance obligation by shipping products to its customers. The Company’s products consist of agricultural tools and implements, soils, and soil additives used primarily in growing and harvesting hemp and marijuana. Shipments terms are FOB origination, so revenue is recognized when the product is delivered to the shipper by the Company’s fulfillment centers or, in the case of drop shipments of distributed products, when the products are shipped from the manufacturer. At the time the products are delivered to the shipper, no other performance obligations remain. Revenue is recognized in an amount that reflects the consideration that is received in exchange for the products shipped. The Company accounts for shipping and handling activities as a fulfillment cost and include fees received for shipping and handling as part of the transaction price. Provision for sales incentives, discounts, and returns and allowances, if applicable, are accounted for as reductions of revenue in the period the related sales are recorded. Sales incentives, discounts and returns and allowances were not material in the periods presented in the accompanying consolidated financial statements. The Company had no warranty costs associated with the sales of its products in the periods presented in the accompanying consolidated statements of operations and no provision for warranty expenses has been included.
Inventory	Inventory Inventory consists of purchased products and are stated at the lower of cost or net realizable value, with cost being determined using the average cost method on a first-in first-out basis. Allowances for obsolete inventory are recognized when the inventory is determined to be unsalable through the normal course of business. Inventory consists of the Company’s debudder products in 5-gallon bucket lid and edge models. The soils business has been discontinued and the Company does not maintain and inventory of any soil products.
Intangible Assets	Intangible Assets Intangible assets are accounted for in accordance with ASC 350 “Intangibles-Goodwill and Other” (“ASC 350”). Intangible asset amounts represent the acquisition date fair values of identifiable intangible assets acquired. The Company’s finite-lived intangible assets consist of patents, a non-compete agreement, and customer relationships. The Company’s indefinite-lived intangible assets consist of acquired domain names. Finite-lived intangible assets are amortized over their useful lives, which are currently ten years for patents, two years for the non-compete agreement, and ten years for customer relationships. The carrying amounts of finite-lived intangible assets are evaluated for recoverability whenever events or changes in circumstances indicate that the Company may be unable to recover the asset’s carrying amount. When there is no foreseeable limit on the period of time over which an intangible asset is expected to contribute to the cash flows of the Company, an intangible asset is determined to have an indefinite life. Indefinite life intangible assets are not amortized but tested for impairment annually or more frequently when indicators of impairment exist.
Net Earnings (Loss) Per Share	Net Earnings (Loss) Per Share Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares and dilutive common stock equivalents outstanding. During periods in which the Company incurs losses, potentially dilutive common stock equivalents, if any, are not considered, as their effect would be anti-dilutive. During the periods ended February 28, 2021 and February 29, 2020, the Company had no common stock equivalents outstanding.
Share-Based Payments	Share-Based Payments All transactions in which goods or services are received for the issuance of shares of the Company’s common stock are accounted for based on the fair value of the common stock issued and recognized when the board of directors authorizes the issuance.

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)	9 Months Ended
	Feb. 28, 2021
Fixed Assets
Schedule of fixed assets	Fixed assets consisted of the following at February 28, 2021 and May 31, 2020: February 28, May 31, Property & Equipment 2021 2020 Equipment - production molds $ 25,109 $ 25,109 Less: Accumulated amortization (13,010 ) (9,230 ) Net Equipment $ 12,099 $ 15,879

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Feb. 28, 2021
Intangible Assets Tables Abstract
Schedule of intangible assets	At February 28, 2021 and May 31, 2020, intangibles assets are: February 28, May 31, Intangibles 2021 2020 Finite lived intangibles Patents $ 250,000 $ 250,000 Less: Impairment of patents (100,000 ) (100,000 ) 150,000 150,000 Less: accumulated amortization (20,416 ) (9,166 ) Patents, net 129,584 140,834 Non-compete agreement 157,000 157,000 Less: impairment of non-compete (107,000 ) (107,000 ) 50,000 50,000 Less: accumulated amortization (6,900 ) — Less: adjustment for discontinued operations (43,100 ) — Non-compete agreement, net — 50,000 Customer relationships 826,000 826,000 Less: Impairment of relationships (551,000 ) (551,000 ) 275,000 275,000 Less: accumulated amortization (6,225 ) — Less: adjustment for discontinued operations (268,775 ) Customer relationships, net — 275,000 Total finite lived intangibles 129,584 465,834 Indefinite lived intangibles Domain names 25,000 25,000 Less: adjustment for discontinued operations (25,000 ) — Total domain names — 25,000 Total intangibles $ 129,584 $ 490,834
Schedule of amortization of intangible asseets	Amortization of intangibles for each of the next five years is: 2021 $ 15,000 2022 $ 15,000 2023 $ 15,000 2024 $ 15,000 2025 $ 15,000
Schedule of operating results	OPERATING RESULTS Three Months Nine Months Ended Ended February 28, 2021 February 28, 2021 Revenue $ — $ 75,217 Cost of revenue — 66,243 Amortization — 13,125 Gross profit (loss) — (4,151 ) Loss on discontinued operations — (10,000 ) $ — $ (14,151 )

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Feb. 28, 2021
Related Party Transactions
Schedule of related party transactions	RELATED PARTY TRANSACTIONS Related Party Advances at Additions During the Nine Months Ended February 28, 2021 Related Party Advances at Payable to Related Parties for Services at May 31, 2020 Advances Services February 28, 2021 February 28, 2021 Related Parties Patrick Bilton, CEO and Director Cash advances $ 726,414 $ 138,000 $ — $ 864,414 $ — Payable for services — 210,000 210,000 David Tobias, Director 80,553 — — 80,553 — Jerry Cornwell, Director 23,015 6,000 — 29,015 — Totals $ 829,982 $ 144,000 $ 210,000 $ 973,982 $ 210,000 Related Party Advances at Additions During the Nine Months Ended February 29, 2020 Related Party Advances at Payable to Related Parties for Services at May 31, 2019 Advances Services February 29, 2020 February 29, 2020 Related Parties Patrick Bilton, CEO and Director $ 448,455 $ 214,959 $ — $ 663,414 $ — David Tobias, Director 75,553 5,000 — 80,553 — Jerry Cornwell, Director 15,696 819 — 16,515 — Total for related parties $ 539,704 $ 220,778 $ — $ 760,482 $ —

SHARE CAPITAL (Tables)

SHARE CAPITAL (Tables)	9 Months Ended
	Feb. 28, 2021
Share Capital
Schedule of common stock issued	Nine Months Ended February 28, 2021 Shares issued in the Period for: Shares Issuable at February 28, 2021 Common Stock Payable Services & Other Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton - $ - - $ - - $ - - $ - - $ - - $ - David Tobias - - 78,571 20,000 78,571 20,000 - - 8,403 10,000 8,403 10,000 Jerry Cornwell - - 78,571 20,000 78,571 20,000 - - 8,403 10,000 8,403 10,000 Brad Herr - - 117,857 30,000 117,857 30,000 - - 12,605 15,000 12,605 15,000 Total for related parties - $ - 274,999 $ 70,000 274,999 $ 70,000 - $ - 29,411 $ 35,000 29,411 $ 35,000 Unrelated Parties - $ - 547,203 $ 171,102 547,203 $ 171,102 400,000 $ 100,000 19,807 $ 23,571 419,807 $ 123,571 Aggregate Totals - $ - 822,202 $ 241,102 822,202 $ 241,102 400,000 $ 100,000 49,218 $ 58,571 449,218 $ 158,571 Three Months Ended February 28, 2021 Shares issued in the Period for: Shares Issuable at February 28, 2021 Common Stock Payable Services Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton - $ - - $ - - $ - - $ - - $ - - $ - David Tobias 28,571 10,000 - - 28,571 10,000 - - 8,403 10,000 8,403 10,000 Jerry Cornwell 28,571 10,000 - - 28,571 10,000 - - 8,403 10,000 8,403 10,000 Brad Herr 42,857 15,000 - - 42,857 15,000 - - 12,605 15,000 12,605 15,000 Total for related parties 99,999 $ 35,000 - $ - 99,999 $ 35,000 - $ - 29,411 $ 35,000 29,411 $ 35,000 Unrelated Parties 67,346 $ 23,571 200,000 $ 60,000 267,346 $ 83,571 400,000 $ 100,000 19,807 $ 23,571 419,807 $ 123,571 Aggregate Totals 167,345 $ 58,571 200,000 $ 60,000 367,345 $ 118,571 400,000 $ 100,000 49,218 $ 58,571 449,218 $ 158,571 Nine Months Ended February 29, 2020 Shares issued in the Period for: Shares Issuable at February 29, 2020 Common Stock Payable Services Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton 240,000 $ 60,000 820,000 $ 205,000 1,060,000 $ 265,000 - $ - - $ - - $ - David Tobias - - 100,000 25,000 100,000 25,000 - - - - - - Jerry Cornwell - - 100,000 25,000 100,000 25,000 - - - - - - Brad Herr 60,000 15,000 180,000 45,000 240,000 60,000 - - - - - - Total for related parties 300,000 $ 75,000 1,200,000 300,000 1,500,000 $ 375,000 - $ - - $ - - $ - Unrelated Parties 208,500 $ 52,125 502,420 $ 125,605 710,920 $ 177,730 400,000 $ 100,000 - $ - 400,000 $ 100,000 Aggregate Totals 508,500 $ 127,125 1,702,420 $ 425,605 2,210,920 $ 552,730 400,000 $ 100,000 - $ - 400,000 $ 100,000 Three Months Ended February 29, 2020 Shares issued in the Period for: Shares Issuable at February 29, 2020 Common Stock Payable Services Total Patent Issuance Bonus Shares Current Period Services Total Shares Value Shares Value Shares Value Shares Value Shares Value Shares Value Related Parties Patrick Bilton 260,000 $ 65,000 260,000 $ 65,000 520,000 $ 130,000 - $ - - $ - - $ - David Tobias 20,000 5,000 20,000 5,000 40,000 10,000 - - - - - - Jerry Cornwell 20,000 5,000 20,000 5,000 40,000 10,000 - - - - - - Brad Herr 60,000 15,000 60,000 15,000 120,000 30,000 - - - - - - Total for related parties 360,000 $ 90,000 360,000 90,000 720,000 $ 180,000 - $ - - $ - - $ - Unrelated Parties 114,000 $ 28,500 127,920 $ 31,980 241,920 $ 60,480 400,000 $ 100,000 - $ - 400,000 $ 100,000 Aggregate Totals 474,000 $ 118,500 487,920 $ 121,980 961,920 $ 240,480 400,000 $ 100,000 - $ - 400,000 $ 100,000

REVENUE (Tables)

REVENUE (Tables)	9 Months Ended
	Feb. 28, 2021
Revenue
Schedule of revenues	Three Months Three-months ended February 28, 2021 February 29, 2020 Debudder Products $ 14,377 $ 30,003 Three-months ended, Customer Concentrations February 28, 2021 February 29, 2020 Debudder sales Customer A $ - $ 8,397 Customer B 13,675 - Totals $ 13,675 $ 8,397 % of Total Revenues 95 % 28 % Nine Months Nine-months ended February 28, 2021 February 29, 2020 Debudder Products $ 87,513 $ 118,094 Nine-months ended Customer Concentrations February 28, 2021 February 29, 2020 Debudder sales Customer A $ 34,285 $ 44,197 Customer C 26,130 — Customer B 13,675 — Totals $ 74,090 $ 44,197 % of Total Revenues 85 % 37 %

NATURE OF BUSINESS AND SIGNIF_3

NATURE OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	Feb. 28, 2021	May 31, 2020
Nature Of Business And Significant Accounting Policies
Accumulated Deficit	$ (4,969,010)	$ (4,182,394)

FIXED ASSETS (Details)

FIXED ASSETS (Details) - USD ($)	Feb. 28, 2021	May 31, 2020
Fixed Assets Details Abstract
Equipment - production molds	$ 25,109	$ 25,109
Less: Accumulated amortization	(13,010)	(9,230)
Net Equipment	$ 12,099	$ 15,879

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($)	Feb. 28, 2021	May 31, 2020
Finite lived intangibles
Patents	$ 250,000	$ 250,000
Less: Impairment of patents	(100,000)	(100,000)
	150,000	150,000
Less: accumulated amortization	(20,416)	(9,166)
Patents, net	129,584	140,834
Non-compete agreement	157,000	157,000
Less: Impairment of non-compete	(107,000)	(107,000)
	50,000	50,000
Less: accumulated amortization	(6,900)
Less: adjustment for discontinued operations	(43,100)
Non-compete agreement, net		50,000
Customer relationships	826,000	826,000
Less: Impairment of relationships	(551,000)	(551,000)
	275,000	275,000
Less: accumulated amortization	(6,225)
Less: adjustment for discontinued operations	(268,775)
Customer relationships, net		275,000
Total finite lived intangibles	129,584	465,834
Indefinite lived intangibles
Domain names	25,000	25,000
Less: adjustment for discontinued operations	(25,000)
Total domain names		25,000
Total intangibles	$ 129,584	$ 490,834

INTANGIBLE ASSETS - Amortizatio

INTANGIBLE ASSETS - Amortization (Details 2)	Feb. 28, 2021USD ($)
Intangible Assets - Amortization
2021	$ 15,000
2022	15,000
2023	15,000
2024	15,000
2025	$ 15,000

INTANGIBLE ASSETS - Operating R

INTANGIBLE ASSETS - Operating Results (Details 3) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Nov. 30, 2019	Feb. 28, 2021
Revenue	$ 14,377	$ 30,003	$ 118,094	$ 87,513
Cost of revenue	12,350	18,001	55,071	42,484
Gross profit	2,027	12,002	63,023	45,029
Loss on discontinued operations				(10,000)
Elevated Operations
Revenue				75,217
Cost of revenue				66,243
Amortization				13,125
Gross profit				(4,151)
Loss on discontinued operations				(10,000)
Total				$ (14,151)

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020
Related Party Advances, Beginning	$ 829,982	$ 539,704
Advances	144,000	220,778
Services	210,000
Related Party Advances, Ending	973,982	760,482
Payable to Related Parties for Services	210,000
Patrick Bilton, CEO and Director
Related Party Advances, Beginning	726,414	448,455
Advances	138,000	214,959
Services
Related Party Advances, Ending	864,414	663,414
Payable to Related Parties for Services
David Tobias, Director
Related Party Advances, Beginning	80,553	75,553
Advances		5,000
Services
Related Party Advances, Ending	80,553	80,553
Payable to Related Parties for Services
Jerry Cornwell, Director
Related Party Advances, Beginning	23,015	15,696
Advances	6,000	819
Services
Related Party Advances, Ending	29,015	16,515
Payable to Related Parties for Services

SHARE CAPITAL (Details)

SHARE CAPITAL (Details) - USD ($)	3 Months Ended		9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Feb. 28, 2021	Feb. 29, 2020
Patrick Bilton
Common Stock Payable, Shares		260,000		240,000
Common Stock Payable, Value		$ 65,000		$ 60,000
Services, Shares		260,000		820,000
Services, Value		$ 65,000		$ 205,000
Shares Issued Total, Shares		520,000		1,060,000
Shares Issued Total, Value		$ 130,000		$ 265,000
Patent Issuance Bonus Shares, Shares
Patent Bonus Shares, Value
Current Period Services, Shares
Current Period Services, Value
Shares Issuable, Total
Shares Issuable, Value
David Tobias
Common Stock Payable, Shares	28,571	20,000
Common Stock Payable, Value	$ 10,000	$ 5,000
Services, Shares		20,000	78,571	100,000
Services, Value		$ 5,000	$ 20,000	$ 25,000
Shares Issued Total, Shares	28,571	40,000	78,571	100,000
Shares Issued Total, Value	$ 10,000	$ 10,000	$ 20,000	$ 25,000
Patent Issuance Bonus Shares, Shares
Patent Bonus Shares, Value
Current Period Services, Shares	8,403		8,403
Current Period Services, Value	$ 10,000		$ 10,000
Shares Issuable, Total	8,403		8,403
Shares Issuable, Value	$ 10,000		$ 10,000
Jerry Cornwell
Common Stock Payable, Shares	28,571	20,000
Common Stock Payable, Value	$ 10,000	$ 5,000
Services, Shares		20,000	78,571	100,000
Services, Value		$ 5,000	$ 20,000	$ 25,000
Shares Issued Total, Shares	28,571	40,000	78,571	100,000
Shares Issued Total, Value	$ 10,000	$ 10,000	$ 20,000	$ 25,000
Patent Issuance Bonus Shares, Shares
Patent Bonus Shares, Value
Current Period Services, Shares	8,403		8,403
Current Period Services, Value	$ 10,000		$ 10,000
Shares Issuable, Total	8,403		8,403
Shares Issuable, Value	$ 10,000		$ 10,000
Brad Herr
Common Stock Payable, Shares	42,857	60,000		60,000
Common Stock Payable, Value	$ 15,000	$ 15,000		$ 15,000
Services, Shares		60,000	117,857	180,000
Services, Value		$ 15,000	$ 30,000	$ 45,000
Shares Issued Total, Shares	42,857	120,000	117,857	240,000
Shares Issued Total, Value	$ 15,000	$ 30,000	$ 30,000	$ 60,000
Patent Issuance Bonus Shares, Shares
Patent Bonus Shares, Value
Current Period Services, Shares	12,605		12,605
Current Period Services, Value	$ 15,000		$ 15,000
Shares Issuable, Total	12,605		12,605
Shares Issuable, Value	$ 15,000		$ 15,000
Total for related parties
Common Stock Payable, Shares	99,999	360,000		300,000
Common Stock Payable, Value	$ 35,000	$ 90,000		$ 75,000
Services, Shares		360,000	274,999	1,200,000
Services, Value		$ 90,000	$ 70,000	$ 300,000
Shares Issued Total, Shares	99,999	720,000	274,999	1,500,000
Shares Issued Total, Value	$ 35,000	$ 180,000	$ 70,000	$ 375,000
Patent Issuance Bonus Shares, Shares
Patent Bonus Shares, Value
Current Period Services, Shares	29,411		29,411
Current Period Services, Value	$ 35,000		$ 35,000
Shares Issuable, Total	29,411		29,411
Shares Issuable, Value	$ 35,000		$ 35,000
UnrelatedParties
Common Stock Payable, Shares	67,346	114,000		208,500
Common Stock Payable, Value	$ 23,571	$ 28,500		$ 52,125
Services, Shares	200,000	127,920	547,203	502,420
Services, Value	$ 60,000	$ 31,980	$ 171,102	$ 125,605
Shares Issued Total, Shares	267,346	241,920	547,203	710,920
Shares Issued Total, Value	$ 83,571	$ 60,480	$ 171,102	$ 177,730
Patent Issuance Bonus Shares, Shares	400,000	400,000	400,000	400,000
Patent Bonus Shares, Value	$ 100,000	$ 100,000	$ 100,000	$ 100,000
Current Period Services, Shares	19,807		19,807
Current Period Services, Value	$ 23,571		$ 23,571
Shares Issuable, Total	419,807	400,000	419,807	400,000
Shares Issuable, Value	$ 123,571	$ 100,000	$ 123,571	$ 100,000
Aggregate Totals
Common Stock Payable, Shares	167,345	474,000		508,500
Common Stock Payable, Value	$ 58,571	$ 118,500		$ 127,125
Services, Shares	200,000	487,920	822,202	1,702,420
Services, Value	$ 60,000	$ 121,980	$ 241,102	$ 425,605
Shares Issued Total, Shares	367,345	961,920	822,202	2,210,920
Shares Issued Total, Value	$ 118,571	$ 240,480	$ 241,102	$ 552,730
Patent Issuance Bonus Shares, Shares	400,000	400,000	400,000	400,000
Patent Bonus Shares, Value	$ 100,000	$ 100,000	$ 100,000	$ 100,000
Current Period Services, Shares	49,218		49,218
Current Period Services, Value	$ 58,571		$ 58,571
Shares Issuable, Total	449,218	400,000	449,218	400,000
Shares Issuable, Value	$ 158,571	$ 100,000	$ 158,571	$ 100,000

REVENUE (Details)

REVENUE (Details) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Nov. 30, 2019	Feb. 28, 2021
Revenue Details Abstract
Debudder Products	$ 14,377	$ 30,003	$ 118,094	$ 87,513

REVENUE - significant customers

REVENUE - significant customers (Details 1) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Nov. 30, 2019	Feb. 28, 2021
Debudder sales
Customer A		$ 8,397	$ 44,197	$ 34,285
Customer C				26,130
Customer B	13,675			13,675
Totals	$ 13,675	$ 8,397	$ 44,197	$ 74,090
% of Total Revenues	95.00%	28.00%	37.00%	85.00%