STOCK OPTIONS, RESTATED (Tables)

3 Months Ended

May 31, 2013

Stock Options Restated Tables

Common stock options issued and outstanding

The following table summarizes common stock options issued and outstanding: 

	Options		Weighted average exercise price		Aggregate intrinsic value		Weighted average remaining contractual life (years)
Outstanding at February 28, 2013		1,116,500	$	0.68	$	2,526,500		8.61
Granted		823,500	$	3.25		-		9.85
Exercised		-		-		-		-
Forfeited		-		-		-		-
Expired		-		-		-		-
Outstanding and expected to vest at May 31, 2013		1,940,000	$	1.77	$	1,621,035		9.14