LINE OF CREDIT	3 Months Ended
May 31, 2012
Notes to Financial Statements
LINE OF CREDIT	NOTE 5: LINE OF CREDIT As of May 31, 2012, the Company had a line of credit agreement totaling $500,000. The line of credit bears interest at the lending institution’s index rate (3.25% as of May 31, 2012) plus 0.75% and is due June 30, 2013. As of May 31, 2012, the Company had not borrowed against the line of credit. The line of credit agreement does not include any limitations on borrowings or any restrictive debt covenants.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References+ Details