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1 ORGANIZATION AND DESCRIPTION OF BUSINESS
12 Months Ended
Feb. 28, 2017
Accounting Policies [Abstract]  
ORGANIZATION AND DESCRIPTION OF BUSINESS

 

NOTE 1:   ORGANIZATION AND DESCRIPTION OF BUSINESS

 

Organization

 

Seychelle Environmental Technologies, Inc. was incorporated under the laws of the State of Nevada on January 23, 1998 as a change in domicile to Royal Net, Inc., a Utah corporation that was originally incorporated on January 24, 1986. Royal Net, Inc. changed its state of domicile to Nevada and its name to Seychelle Environmental Technologies, Inc. effective in January 1998.  Seychelle Water Technologies, Inc., and Fill 2 Pure International, Inc., both wholly owned subsidiaries, were formed as corporations in February 1997 and April 2013, respectively, under the laws of the state of Nevada for the purpose of marketing.

 

Description of Business

 

The Company designs, assembles and distributes water filtration systems. These systems include portable water bottles, pumps, home-use pitchers, and related water filtration products that can be filled from nearly any available source of fresh water. 

 

 

Management's Plan

 

As of February 28, 2017, the Company had $732,000 in cash and a backlog of $465,000 in unshipped product.

 

Seychelle has been continuing to develop innovative marketing and product concepts for water purification for the world.  The demand is expanding rapidly due to the health concerns caused by extensive contamination of drinking water by major industrial, agriculture and natural causes.  Seychelle continues to develop new technologies that remove contaminants such as lead, Chromium and others to create products for both here in the U.S. and also around the world to ensure safe drinking water.

 

Seychelle continues to develop additional products for the growing need of the market and health concerns.  During the past year, Seychelle has brought to the market a new line of portable drinking water products that are presently being sold and remove Heavy Metals, Volatile Organic Compounds (VOC) & Pathogens.

 

With the growing interest for higher alkaline water, referred to as pH, Seychelle now includes a full line of products that meets these demands.

 

This year Seychelle products have expanded its sales in the international market, throughout the following countries; Mexico, Sri Lanka, Vietnam, South Korea, Australia, New Zealand, Japan and China to name a few.  It's our intention to expand our marketing activities more strongly to the international market and E-commerce.  Seychelle is managing cost in line with current revenue.