XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (Unaudited) (USD $)
Nov. 30, 2012
Feb. 29, 2012
ASSETS    
Cash $ 466,916 $ 878,340
Certificate of deposit 250,275 0
Subscription receivable 0 865,000
Total Current Assets 717,191 1,743,340
EQUIPMENT (net of accumulated depreciation of $9,484 and $1,271, respectively) 51,227 19,208
TOTAL ASSETS 768,418 1,762,548
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 41,825 291,859
Accrued liabilities 0 0
TOTAL LIABILITIES 41,825 291,859
STOCKHOLDERS' EQUITY    
Preferred stock (50,000,000 shares authorized; none shares issued and outstanding respectively) 0 0
Common stock (Common Stock, $0.0001 par value; 150,000,000 shares authorized; 21,054,418 and 20,074,422 shares issued and outstanding respectively) 2,106 2,008
Paid-in-capital 5,345,737 4,310,581
Accumulated deficit as a development stage company (4,621,250) (2,841,900)
Total Equity 726,593 1,470,689
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 768,418 $ 1,762,548