2.4.0.80010 - Disclosure - CONVERTIBLE NOTEStruefalsefalse1falsefalsefalseFrom2013-03-01to2013-05-31http://www.sec.gov/CIK0001404943duration2013-03-01T00:00:002013-05-31T00:00:001true1us-gaap_DebtDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2us-gaap_LongTermDebtTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the three months ended May 31, 2013, the
Company issued convertible promissory notes (the “Convertible Notes”) with warrants in the aggregate principal amount
of $700,000. As of May 31, 2013, we have $1,487,000 aggregate principal amount of Convertible Notes outstanding. Warrants are valued
as a discount to convertible debt of $545,354 and can be converted into common stock within a four year period.  For
the three month ended May 31, 2013 $173,982 is recognized as accretion expensed . The Convertible Notes bear interest at the rate
of 8% per annum, mature on December 31, 2013 and rank senior to the Company’s currently issued and outstanding indebtedness
and equity securities.  Upon the closing by MetaStat of an equity or equity based financing or a series of equity or
equity based financings (a “Qualified Financing”) resulting in gross proceeds to the Company of at least $3,500,000
in the aggregate inclusive of the Convertible Notes, the outstanding principal amount of the Convertible Notes together with all
accrued and unpaid interest thereunder (the “Outstanding Balance”) shall automatically convert into such securities,
including warrants, as are issued in the Qualified Financing, the amount of which shall be determined in accordance with the following
formula: (the Outstanding Balance as of the closing of the Qualified Financing) x (1.15) / (the per security price of the securities
sold in the Qualified Financing).  Commencing six months following the issuance date of the Convertible Notes, the Noteholders
shall have the right, at their option, to convert the Outstanding Balance into shares of common stock at a conversion price of
$2.50 per share. The Company analyzed the transaction for derivative liability and determined it did not apply.</p>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for long-term debt.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5
false0falseCONVERTIBLE NOTESUnKnownUnKnownUnKnownUnKnowntruefalsefalseNoteshttp://metastat.com/role/ConvertibleNotes12