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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2015
Nov. 30, 2014
Revenue        
Revenue
Total revenue
OPERATING EXPENSES        
General & administrative $ 656,929 $ 1,062,221 $ 2,681,857 $ 2,853,569
Research & development 405,911 287,561 943,205 1,031,517
Total Operating Expenses 1,062,840 1,349,782 3,625,062 3,885,086
OTHER EXPENSES (INCOME)        
Interest expense 123,918 303 169,279 679,432
Other income, net $ 7 $ 23,873 $ (140,129) 20,714
Beneficial conversion feature 2,324,758
Loss on securities held for sale $ 33,707 $ 33,707
Change in fair value of warrant liability $ 49,507 $ (123,393)
Change in fair value of put embedded in note payable 3,134
Settlement expense 39,097
Total Other Expenses (Income) $ 173,432 $ 57,883 (52,012) $ 3,058,611
NET LOSS (1,236,272) (1,407,665) (3,573,050) (6,943,697)
Net loss (1,236,272) $ (1,407,665) (3,573,050) $ (6,943,697)
Deemed dividend on Series B Preferred Stock issuance   (1,067,491)
Accrued dividends on Series B Preferred Stock (70,590) (195,057)
Loss attributable to common shareholders $ (1,306,862) $ (1,407,665) $ (4,835,598) $ (6,943,697)
Net loss per share, basic and diluted $ (0.72) $ (0.79) $ (2.67) $ (4.30)
Weighted average of shares outstanding 1,821,182 1,779,662 1,812,825 1,615,339