XML 38 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Intellectual Property (Details Narrative)
1 Months Ended 3 Months Ended
Oct. 27, 2014
USD ($)
May 31, 2017
USD ($)
May 31, 2017
CAD
May 31, 2016
USD ($)
Feb. 28, 2017
USD ($)
Amortization expense   $ 15,895   $ 22,257  
Intellectual Property, net of accumulated amortization   $ 152,945     $ 137,050
Royalty payments payable | CAD     CAD 25,700,000    
Intellectual property agreement [Member] | Mr. Hatem Essaddam [Member]          
Description of royalty payments  

  (a) 10% of gross profits on the sale of all products derived by the Company from the technology assigned to the Company under the agreement;
     
  (b) 10% of any license fee paid to the Company in respect of any licensing or other right to use the technology assigned to the Company and granted to a third party by the Assignee;
     
  (c) 5% of any royalty or other similar payment made to the Company by a third party to whom a license or other right to use the technology assigned to the Company has been granted by the Company; and
     
  (d) 5% of any royalty or other similar payment made to the Company by a third party in respect of a sub-license or other right to use the technology assigned to the Company granted by the third party.

  (a) 10% of gross profits on the sale of all products derived by the Company from the technology assigned to the Company under the agreement;
     
  (b) 10% of any license fee paid to the Company in respect of any licensing or other right to use the technology assigned to the Company and granted to a third party by the Assignee;
     
  (c) 5% of any royalty or other similar payment made to the Company by a third party to whom a license or other right to use the technology assigned to the Company has been granted by the Company; and
     
  (d) 5% of any royalty or other similar payment made to the Company by a third party in respect of a sub-license or other right to use the technology assigned to the Company granted by the third party.

   
Additional payments under agreement | CAD     CAD 800,000    
Intellectual property agreement [Member] | Mr. Hatem Essaddam [Member] | Patents [Member]          
Estimated Useful Life (Years) 7 years        
Intellectual property agreement [Member] | Mr. Hatem Essaddam [Member] | CAD [Member]          
Purchase price of certain technique and method under agreement $ 445,050        
Description of milestone payments

  (i) CDN$200,000 when an average of twenty (20) metric tons per day of terephthalic acid is produced by the Company for twenty (20) operating days;
     
  (ii) CDN$200,000 when an average of thirty (30) metric tons per day of terephthalic acid is produced by the Company for thirty (30) operating days;
     
  (iii) CDN$200,000 when an average of sixty (60) metric tons per day of terephthalic acid is produced by the Company for sixty (60) operating days; and
     
  (iv) CDN$200,000 when an average of one hundred (100) metric tons per day of terephthalic acid is produced by the Company for sixty (60) operating days.