6 CAPITAL LEASE OBLIGATION (Tables)

12 Months Ended

Feb. 28, 2017

Debt Disclosure [Abstract]

Outstanding obligations

	February 28, 2017			February 29, 2016
Capital lease for equipment requiring monthly payments of principal and interest of $491 through October 2016 bearing interest at an annual rate of 7.5%	$	-		$	4,959
Capital lease for equipment requiring monthly payments of principal and Interest of $546 through August 2020 bearing interest at an annual rate of 9.5%		22,918			29,484
Total capital lease obligations, principal and interest		22,918			34,443
Less amount representing interest		(4,127	)		(5,614	)
Total capital lease obligations, principal		18,791			28,829
Less current portion		(4,047	)		(9,390	)
Long term portion	$	14,744		$	19,439

Future maturities of the capital lease obligation

Fiscal Year Ending
February 28,	Amount
2018		369,525
2019		286,000
2020		263,000
2021		259,000
Thereafter		109,000
Total	$	1,286,525
Rent from SJC		(32,525	)
Total		1,254,000