XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Expenses (Unaudited) (USD $)
12 Months Ended 55 Months Ended
Feb. 28, 2014
Feb. 28, 2013
Feb. 28, 2014
Revenue      
Revenue         
Total revenue         
OPERATING EXPENSES      
General & administrative 3,526,863 2,000,937 7,345,295
Research & development 824,336 516,798 2,365,539
Total Operating Expenses 4,351,199 2,517,735 9,710,834
OTHER EXPENSES (INCOME)      
Interest income (82) (596) (678)
Accretion expense 829,969 1,500 831,469
Deferred financing costs amortization 14,159    14,159
Interest expense 137,098 1,940 139,038
Loss on extinguishment of debt 32,853    32,853
Total Other Expenses (Income) 1,013,997 2,844 1,016,841
NET LOSS $ (5,365,196) $ (2,520,579) $ (10,727,675)
Net loss per share, basic and diluted $ (0.25) $ (0.12)  
Weighted average of shares outstanding 21,169,091 20,882,199