XML 42 R53.htm IDEA: XBRL DOCUMENT v3.3.0.814
WARRANTS (Details Narrative) - USD ($)
3 Months Ended 12 Months Ended
May. 31, 2015
May. 31, 2014
May. 27, 2014
Feb. 28, 2015
Feb. 28, 2014
Fair value of warrants issued $ 133,406 $ 67,500      
Warrants issued to consultant for services 21,334 3,334      
Stock based compensation expense $ 207,112 $ 33,750   $ 1,333,871 $ 1,946,772
$2.10 [Member] | Warrants [Member]          
Warrant exercise price $ 31.50        
Warrants repurchased and cancelled 1,668        
$1.50 [Member] | Warrants [Member]          
Warrant exercise price $ 22.50        
Warrants repurchased and cancelled 5,001        
Warrants [Member] | Goods and Services Exchanged for Equity Instrument [Member]          
Discount rate 1.49%        
Fair value of warrants issued $ 4,771        
Warrant term 5 years        
Volatility 124.00%        
Dividends 0.00%        
Warrants issued to consultant for services 1,251        
Stock based compensation expense $ 4,771        
Warrants [Member] | Goods and Services Exchanged for Equity Instrument [Member] | $1.00 [Member]          
Warrant exercise price $ 15.00        
Warrants issued to consultant for services 556        
Warrants [Member] | Goods and Services Exchanged for Equity Instrument [Member] | $1.25 [Member]          
Warrant exercise price $ 18.75        
Warrants issued to consultant for services 695        
Warrants [Member] | Series A Preferred Stock [Member]          
Warrants issued 193,708        
Warrant exercise price $ 10.50        
Warrants [Member] | Placement Agent [Member] | Series A Preferred Stock [Member]          
Warrants issued 20,668        
Discount rate 1.41%        
Fair value of warrants issued $ 158,441        
Warrant term 5 years        
Volatility 125.00%        
Dividends 0.00%        
Convertible Notes Payable [Member] | Warrants [Member]          
Warrants issued     3,336    
Warrant exercise price     $ 22.50    
Convertible Notes Payable [Member] | Warrants [Member] | Placement Agent [Member]          
Warrants issued     566    
Warrant exercise price     $ 37.50    
Discount rate     0.74%    
Fair value of warrants issued     $ 25,498    
Warrant term     5 years    
Volatility     134.00%    
Dividends     0.00%