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Consolidated Balance Sheets (USD $)
May 31, 2014
Feb. 28, 2014
ASSETS    
Cash and cash equivalents $ 81,242 $ 483,408
Other receivable    20,000
Prepaid Insurance 161,090 12,073
Deferred financing cost 15,131 60,523
Total Current Assets 257,463 576,004
PROPERTY AND EQUIPMENT (net of accumulated depreciation of $46,828 and $24,192, respectively) 521,168 204,254
Refundable deposit (249,319) (10,367)
TOTAL ASSETS 1,027,950 790,625
Current Liabilities    
Accounts payable 697,616 257,965
Accrued expense 126,502   
Current portion of capital lease 106,201   
Convertible notes (net of discount of $51,463 and $206,637, respectively) 2,876,280 2,475,717
Accrued interest payable 187,781 137,701
Total current liabilities 3,994,380 2,871,383
Capital lease 212,402   
TOTAL LIABILITIES 4,206,781 2,871,383
STOCKHOLDERS' DEFICIT    
Preferred stock (50,000,000 shares authorized; none shares issued and outstanding respectively)      
Common stock (Common Stock, $0.0001 par value; 150,000,000 shares authorized; 21,623,899 and 21,573,899 shares issued and outstanding respectively) 2,162 2,157
Paid-in-capital 8,778,766 8,664,760
Deficit accumulated during development stage 11,959,759 10,727,676
Total shareholders' deficit (3,178,831) (2,080,758)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 1,027,950 $ 790,625