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Consolidated Balance Sheets - USD ($)
May 31, 2016
Feb. 29, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 154,294 $ 363,783
Notes receivable 125,000 125,000
Prepaid expenses 192,492 33,121
Total Current Assets 471,786 521,904
Equipment (net of accumulated depreciation of $193,162 and $169,396, respectively) 473,286 497,052
Refundable deposits 43,600 43,600
TOTAL ASSETS 988,672 1,062,556
Current liabilities    
Accounts payable 947,216 746,144
Accrued expense 366,697 214,311
Notes payable (net of debt discount of $538,620 and $743,282, respectively) 1,974,277 1,533,120
Accrued interest payable 80,000 56,000
Accrued dividends on Series B Preferred Stock 49,283 48,317
Total Current Liabilities 3,417,473 2,597,892
Warrant liability 284,178 234,461
TOTAL LIABILITIES 3,701,651 2,832,353
STOCKHOLDERS' (DEFICIT) EQUITY    
Common Stock, ($0.0001 par value; 150,000,000 shares authorized; 1,976,201 and 1,851,201 shares issued and outstanding, respectively) 198 185
Additional Paid-in-capital 21,883,853 21,607,259
Accumulated deficit (24,597,117) (23,377,328)
Total stockholders' deficit (2,712,979) (1,769,797)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 988,672 1,062,556
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; 672 and 659 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; 672 and 659 shares issued and outstanding, respectively) $ 0 $ 0