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Statement of Operations (USD $)
3 Months Ended 98 Months Ended
May 31, 2013
May 31, 2012
May 31, 2013
Net revenues $ (589) $ 68,577 $ 1,125,207
Cost of goods sold 0 28,186 357,360
Gross Margin (Loss) (589) 40,391 767,847
Expenses      
Bank charges and interest 885 918 11,148
Employee expenses 0 55,464 654,204
Stock based compensation 0 132,138 346,050
Consulting fees 119 2,024 620,571
Marketing expense 0 11,280 627,037
Travel expense 0 2,712 67,788
Filing fees 1,900 2,846 50,002
Interest expense 9,019 6,198 95,822
Investor relations 0 2,027 21,733
Legal and accounting fees 43,812 91,915 586,752
Licenses and permits 0 1,615 74,664
Management fee 0 0 48,000
Mineral property expenditures 0 0 15,124
Office expenses 875 1,339 22,291
Insurance expense 20,907 19,225 214,598
Regulatory expense 1,388 12,277 120,486
Rent 0 0 20,397
Transfer agent fees 975 1,300 30,244
Website development 0 0 14,402
Impairment of product rights 0 0 456,554
Amortization expense 0 22,070 226,266
State franchise tax 675 0 3,780
Write down of mineral property acquisition costs 0 0 5,000
Total Expenses 80,555 365,348 4,332,913
Gain on sale of product rights 0 0 64,900
Other Income 0 0 851,758
Net loss for the period $ (81,144) $ (324,957) $ (2,648,408)
Basic and diluted loss per common share $ (0.004) $ (0.016)   
Weighted average number of common shares used in per share calculations 20,836,000 20,836,000