Attached files

file filename
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR25.htm
EX-4.1 - EXHIBIT 4.1 - PROTALEX INCv330852_ex4-1.htm
EX-4.2 - EXHIBIT 4.2 - PROTALEX INCv330852_ex4-2.htm
EX-10.2 - EXHIBIT 10.2 - PROTALEX INCv330852_ex10-2.htm
EX-32.2 - EXHIBIT 32.2 - PROTALEX INCv330852_ex32-2.htm
EX-32.1 - EXHIBIT 32.1 - PROTALEX INCv330852_ex32-1.htm
EX-10.1 - EXHIBIT 10.1 - PROTALEX INCv330852_ex10-1.htm
EX-31.1 - EXHIBIT 31.1 - PROTALEX INCv330852_ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - PROTALEX INCv330852_ex31-2.htm
EXCEL - IDEA: XBRL DOCUMENT - PROTALEX INCFinancial_Report.xls
10-Q - FORM 10-Q - PROTALEX INCv330852_10q.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR4.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR7.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR6.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR8.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR3.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR2.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR9.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR5.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR1.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR27.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR26.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR22.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR10.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR13.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR24.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR23.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR12.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR15.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR20.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR14.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR21.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR19.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR17.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR11.htm
XML - IDEA: XBRL DOCUMENT - PROTALEX INCR16.htm
v2.4.0.6
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Nov. 30, 2012
Accounting Policies [Abstract]  
Fair Value of Assumptions of Options Estimated On Grant Date

The fair value of the options is estimated on the date of the grant using the Black-Scholes option pricing model with the following assumptions:

 

  Six Months Ended
November 30, 2012
 Six Months Ended
November 30, 2011
 From Inception
Through
November 30, 2012
Dividends per year 0 0 0
Volatility percentage 97.5% 97.5% 90%-112%
Risk free interest rate 3.47% 3.47% 2.07%-5.11%
Expected life (years) 7.0-10.0 5.0-9.0 3-10
Weighted Average Fair Value $1.07 $1.10 $2.41