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3.COMMON STOCK
6 Months Ended
Aug. 31, 2018
Notes to Financial Statements  
COMMON STOCK

 

NOTE 3:   COMMON STOCK

 

Common Stock

 

During the quarter ended August 31, 2018 and 2017, no securities were issued by the Company.

 

Warrants

 

A summary of warrant activity for the six months ended August 31, 2018 is shown below.

 

          Weighted-  
          Average  
    Warrants     Exercise  
    Outstanding     Price  
             
Outstanding at March 1, 2018     6,407,221       0.21  
Granted     -       -  
Exercised     -       -  
Forfeited     -       -  
Outstanding at August 31, 2018     6,407,221       0.21  
Vested at August 31, 2018     6,407,221       0.21  
Exercisable at February 28, 2018     6,407,221       0.21  

 

The following table summarizes significant ranges of outstanding warrants as of August 31, 2018:

 

  Warrants Outstanding Warrants Exercisable
    Weighted Weighted   Weighted
    Average Average   Average
    Remaining Exercise Number Exercise
Exercise Price Number Life (Years) Price Outstanding Price
           
    $0.21      6,407,221      2.27     $0.21      6,407,221     $0.21