2. SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Feb. 28, 2018

Accounting Policies [Abstract]

Stock based compensation awards

The Company's fair value calculations for stock based compensation awards have been based on the following assumptions relates to year end February 28, 2018.

Expected life in years	7
Stock price volatility	244%
Risk free interest rate	2.9%
Expected dividends	None

Earnings per share

	For the year ended
	February 28,		February 28,
	2018		2017
Numerator:
Net income (loss) available to common shareholders	$	660,907	$	(2,147,224	)
Weighted average shares – basic		26,574,313		26,574,313
Net  income (loss) per share – basic	$	0.02	$	(0.08	)
Dilutive effect of common stock equivalents:
Warrants		-		-
Weighted average shares – diluted		26,574,313		26,574,313
Net income (loss) per share – diluted	$	0.02	$	(0.08	)