WARRANTS (Tables)

12 Months Ended

Feb. 28, 2014

Warrants Tables

Common stock purchase warrants issued and outstanding

	Warrants		Weighted average exercise price		Aggregate intrinsic value		Weighted average remaining contractual life (years)
Outstanding at February 28, 2013		2,732,074	$	1.13	$	-		-
Issued		414,281	$	2.28		-		-
Outstanding at February 28, 2014		3,146,355	$	1.24	$	807,096		2.97

Warrants exercisable

Exercise prices		Number of shares		Weighted average remaining life (years)		Exercisable number of shares
$	0.68		220,000		2.71		220,000
$	0.91		1,497,124		2.93		1,497,124
$	1.40		786,250		2.49		786,250
$	1.50		150,000		2.60		150,000
$	2.10		447,001		4.13		447,001
$	2.50		25,980		3.87		25,980
$	3.00		20,000		2.92		20,000