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Consolidated Balance Sheets - USD ($)
Feb. 29, 2016
Feb. 28, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 363,783 $ 257,820
Notes receivable 125,000 0
Prepaid expenses 33,121 38,748
Total Current Assets 521,904 296,568
Equipment (net of accumulated depreciation of $169,396 and $96,089, respectively) 497,052 526,606
Refundable deposits 43,600 278,952
TOTAL ASSETS 1,062,556 1,102,126
Current liabilities    
Accounts payable 746,144 293,152
Accrued expenses 214,311 4,565
Current portion of capital lease 0 99,965
Notes payable (net of debt discount of $743,282) 1,533,120 0
Accrued interest payable 56,000 2,352
Accrued dividends on Series B Preferred Stock 48,317 16,767
Total Current Liabilities 2,597,892 416,800
Capital lease 0 169,676
Warrant liability 234,461 273,000
Total Liabilities 2,832,353 859,476
STOCKHOLDERS' (DEFICIT) EQUITY    
Common Stock, ($0.0001 par value; 150,000,000 shares authorized; 1,851,201 and 1,831,483 shares issued and outstanding, respectively) 185 183
Additional Paid-in-capital 21,607,259 18,965,529
Accumulated deficit (23,377,328) (18,723,149)
Total stockholders' (deficit) equity (1,769,797) 242,650
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY 1,062,556 1,102,126
Series A Preferred Stock [Member]    
STOCKHOLDERS' (DEFICIT) EQUITY    
Convertible Preferred Stock: Series A convertible preferred stock ($0.0001 par value; 1,000,000 shares authorized; 874,257 and 874,257 issued and outstanding, respectively), Series B convertible preferred stock ($0.0001 par value; 1,000 shares authorized; 659 and 229 shares issued and outstanding, respectively) 87 87
Series B Preferred Stock [Member]    
STOCKHOLDERS' (DEFICIT) EQUITY    
Convertible Preferred Stock: Series A convertible preferred stock ($0.0001 par value; 1,000,000 shares authorized; 874,257 and 874,257 issued and outstanding, respectively), Series B convertible preferred stock ($0.0001 par value; 1,000 shares authorized; 659 and 229 shares issued and outstanding, respectively) $ 0 $ 0