v3.6.0.2

Balance Sheets - USD ($)	Nov. 30, 2016	May 31, 2016
Current assets
Cash and cash equivalents	$ 166,613	$ 4,252
Accounts receivable	12,956	1,279
Inventory	42,938	197,978
Total current assets	222,507	203,509
Total assets	222,507	203,509
Current liabilities
Accounts payable	258,414	309,403
Shareholder loan	268,765	278,765
Total liabilities	527,179	588,168
Stockholders' deficit
Convertible preferred stock - $.02 par value, authorized 2,000,000 shares, issued and outstanding 92,000 shares	1,840	1,840
Common stock - $.001 par value, authorized 200,000,000 shares, 63,622,316 issued and outstanding at November 30, 2016 and May 31, 2016	63,622	63,622
Additional paid-in capital	17,505,936	17,505,936
Accumulated deficit	(17,876,070)	(17,956,057)
Stockholders' deficit	(304,672)	(384,659)
Total liabilities and stockholders' deficit	$ 222,507	$ 203,509

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

LESCARDEN INC 10-Q