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Commitments and Contingencies
9 Months Ended
Feb. 28, 2019
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 9 – Commitments and Contingencies

 

In September 2016, the Company executed a lease agreement in connection with its office and warehouse facility in California under operating leases for a period of 37 months commencing in October 2016 and expiring in October 2019. The Company shall pay a monthly base rent starting at $6,782 plus a pro rata share of operating expenses. The base rent is subject to an annual increase beginning in October 2017 as defined in the lease agreement. Base rent for the period from October 2018 amounted to $7,210 per month. Rent expense amounted to $71,203 and $53,751 for the nine month periods ended February 28, 2019 and 2018, respectively. Future minimum rental payments required under this operating lease are as follows:

 

    Total   1 Year   2-3 Year   Thereafter
Operating lease   $ 57,897     $ 57,897     $     $ —    
Total   $ 57,897     $ 57,897     $     $ —    

 

The Company entered into an agreement with a consultant, during the six months period ended November 30, 2018, for services for a term of one year commencing from September 1, 2018. The consultant shall be entitled to receive 10% of the gross revenues generated as a direct result of their activities, a monthly fee of $1,000 and 12,500 shares of common stock of the Company on a quarterly basis. The agreement was rescinded in January 2019. The accompanying financials include a $5,000 expense for the 12,500 shares earned and issued to the consultant before the rescission of agreement.