2. BASIC INCOME (LOSS) PER SHARE (Tables)

3 Months Ended

May 31, 2016

Earnings Per Share [Abstract]

Basic and Diluted income (loss) per share

	For the three months ended
	May 31,
	2016			2015
Numerator:
Net (loss) income available to common shareholders	$	((427,605	)	$	472,498
Weighted average shares – basic		26,580,530			25,913,646
Net income (loss) per share – basic	$	(0.02	)	$	0.02
Dilutive effect of common stock equivalents:
Warrants		-			585,972
Weighted average shares – diluted		26,580,530			26,499,618
Net income  (loss) per share – diluted	$	(0.02	)	$	0.02