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2. MANAGEMENT'S PLAN
3 Months Ended
May 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
MANAGEMENT'S PLAN

 

NOTE 2:    MANAGEMENT'S PLAN

 

As of February 28, 2017, the Company had $732,112 in cash and a backlog of approximately $465,000 in unshipped product.

 

As of May 31, 2017, the Company had $1,347,250 in cash and cash equivalents, $622,330 in accounts receivable and a backlog of $325,166 in unshipped product.  This year, Seychelle products have expanded its sales efforts in the following international markets; Mexico, Sri Lanka, Vietnam, South Korea, Australia, New Zealand, Japan and China .  It's our intention to expand our marketing activities more strongly to the international market and E-commerce.  In addition, Seychelle is managing cost in line with current revenue.