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2. MANAGEMENT'S PLAN
6 Months Ended
Aug. 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 August 31, 2017, the Company had $1,292,183 in cash and cash equivalents, $596,744 in accounts receivable and a backlog of $379,346 in unshipped product.  This year, Seychelle has expanded its sales efforts in the following international markets; Mexico, Sri Lanka, Vietnam, South Korea, Australia, New Zealand, Japan and China.  Managements intends to expand our marketing activities more strongly in international markets and E-commerce.  In addition, Seychelle is managing cost in line with current revenue.