STOCK OPTIONS (Tables)

6 Months Ended

Aug. 31, 2014

Stock Options Tables

Weighted average inputs to the Black-Scholes model used to value the stock options granted

Expected volatility	113.47 - 123.55%
Expected dividend yield	0.00%
Risk-free interest rate	0.67% - 2.27%
Expected Term	6.07 years

Common stock options issued and outstanding

	Options		Weighted average exercise price		Aggregate intrinsic value		Weighted average remaining contractual life (years)
Outstanding at February 28, 2015		187,342	$	23.70	$	20,670		8.29
Granted		188,335		8.36		-		-
Exercised		-		-		-		-
Forfeited		534		8.10		-		-
Expired		3,667		10.20		-		-
Outstanding and expected to vest at August 31, 2015		371,476	$	16.08	$	-		8.78
Exercisable at August 31, 2015		151,209	$	22.37	$	-		7.83