XML 14 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
Nov. 30, 2012
Feb. 29, 2012
Current assets:    
Cash $ 18,451 $ 221,904
Accounts receivable 1,315 9,225
Current portion of prepaid domain name renewal fees 84,670 155,804
Prepaid expenses 4,320 6,970
Total current assets 108,756 393,903
Prepaid domain name renewal fees, net of current portion   10,025
Property and equipment, net 20,504 25,658
Intangible assets, net 1,026,462 1,079,221
Total assets 1,155,722 1,508,807
Accounts payable 145,979 26,946
Advance from director/stockholder 31,450  
Loan from director/stockholder 25,000  
Deferred revenue 15,978 6,031
Accrued payroll 7,625 4,471
Deferred officer compensation 84,616  
Total current liabilities 310,648 37,448
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 29,165,599 and 29,047,638 shares issued and outstanding at November 30, 2012 and February 29, 2012, respectively $ 291,602 $ 290,473
Additional paid-in-capital 26,767,510 26,555,219
Subscriptions receivable (1,099,154) (1,299,654)
Accumulated deficit (25,114,884) (24,074,679)
Total stockholders' equity 845,074 1,471,359
Total liabilities and stockholders' equity $ 1,155,722 $ 1,508,807