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CONSOLIDATED CONDENSED STATEMENT OF CASH FLOWS (USD $)
9 Months Ended 38 Months Ended
Nov. 30, 2013
Nov. 30, 2012
Nov. 30, 2013
Statement of Cash Flows      
Net income (loss) $ (1,581,090) $ (5,393,656) $ (20,395,312)
Depreciation expense 0 1,229 4,830
Increase in Amortization of debt discount 358,392 630,303 1,123,246
Non-cash interest and financial fees 657,474 1,513,248 2,716,135
Gain on derivitive liabilities (541,926) (1,294,111) (1,145,887)
Increase in Gain on settlement of debt 0 (389,325) (207,927)
Increase in Loss on settlement 118,918 111,736 230,654
Stock based compensation 0 0 1,842,200
Mineral property impairment 0 50,000 50,000
Increase in Note receivable impairment 0 0 545,849
Increase in Interest income 0 0 (80,097)
Common stock issued for services 402,272 47,059 890,881
Decrease in taxes and other amounts receivable 0 113,808 114,614
Decrease/(Increase) in prepaid expenses 0 777,685 (6,087)
Increase in accounts payable and accrued expenses 90,691 324,680 699,220
(Decrease)/Increase in accounts payable and accrued expenses - related 75,455 129,643 213,820
Discontinued operations operating 0 2,933,929 9,475,451
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (419,814) (443,772) (3,928,409)
Pre-acquisition loans to former subsidiary 0 0 (1,065,347)
Post acquisition loan to former subsidiary 0 (200,000) (1,089,525)
Purchase of equipment 0 0 (4,826)
Discontinued operations investing 0 0 1,194,064
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 0 (200,000) (965,634)
Proceeds from the sale of preference stock 0 0 30,000
Proceeds from the sale of common stock 100,000 0 3,012,455
Proceeds from notes payable 130,000 561,500 1,304,000
Proceeds from note receivable 193,602 0 193,602
Discontinued operations financing 0 0 353,714
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 423,602 561,500 4,893,771
Increase (Decrease) in cash and cash equivalents 3,788 (82,272) (272)
Foreign currency translation adjustment 0 85,926 5,291
Cash and Cash Equivalents, at Carrying Value, Beginning Balance 1,237 2,899 6
Cash and Cash Equivalents, at Carrying Value, Ending Balance 5,025 6,553 5,025
Interest 0 0 0
Income taxes, net $ 0 $ 0 $ 0