BALANCE SHEETS (USD $)
Aug. 31, 2011
May 31, 2011
ASSETS    
Cash and cash equivalents [note 2] $ 394,705 $ 252,302
Accounts receivable, net [note 2] 7,046 4,560
Other current assets [note 2] 31,194 27,689
Total current assets 432,945 284,551
Property & equipment, net [note 4] 6,996 6,946
Website development, net [note 5] 63,234 63,158
Total assets 503,175 354,655
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 6,534 7,527
Deferred revenue [note 2] 240,667 270,577
Accrued liabilities [note 2] 43,524 51,596
Current portion of note payable, net discount [note 2] 65,126  
Total current liabilities 355,851 329,700
Long-term deferred revenue [note 2] 4,282 5,797
Long – term portion of note payable, net discount [note 2] 70,882  
Total long-term liabilities 75,164 5,797
Total liabilities 431,015 335,497
Commitments and contingency [note 6]      
Common stock Authorized 80,000,000 common shares with a par value of $0.001 per share issued and outstanding 38,579,929 and 33,591,696 common shares 38,580 39,217
Additional paid-in capital 7,193,452 6,883,867
Foreign currency gain/loss 1,670 1,321
Accumulated deficit (7,161,542) (6,905,247)
Total stockholders’ equity 72,160 19,158
Total liabilities and stockholders’ equity $ 503,175 $ 354,655