2. EARNINGS PER SHARE (Tables)

9 Months Ended

Nov. 30, 2019

Earnings Per Share [Abstract]

Basic and Diluted income (loss) per share

The denominator for diluted loss per share for the nine months ended November 30, 2019 and 2018, respectively, did not include 6,407,221 warrants as they would have been anti-dilutive.

	For the nine months ended
	November 30,
	2019			2018
Net loss available to common shareholders	$	(67,433	)	$	(163,087	)
Weighted average common shares – basic		26,574,313			26,574,313
Earnings per share – basic	$	0.00		$	(0.01	)
Dilutive effect of common stock equivalents:
Warrants		-			-
Weighted average common shares – diluted		26,574,313			26,574,313
Earnings per share – diluted	$	0.00		$	(0.01	)

	For the three months ended
	November 30,
	2019		2018
Net income (loss) available to common shareholders	$	10,418	$	(126,258	)
Weighted average common shares – basic		26,574,313		26,574,313
Earnings per share – basic	$	0.00	$	0.00
Dilutive effect of common stock equivalents:
Warrants		-		-
Weighted average common shares – diluted		26,574,313		26,574,313
Earnings per share – diluted	$	0.00	$	0.00