Convertible Notes

6 Months Ended

Aug. 31, 2016

Debt Disclosure [Abstract]

Convertible Notes

Note 6. Convertible notes.

As of July 7, 2016, the Company executed a convertible promissory note for $30,000, net of $3,500 original issuance discount. The Note bears an interest rate of 10% per annum and is due July 7, 2017. A further convertible promissory note for $30,000, net of $3,500 original issuance discount, was issued on August 15, 2016, which bears an interest rate of 10% per annum and is due August 15, 2017. These notes become convertible six months after the dates of agreement at a conversion price that equals 58% of the average of the lowest 3 Trading Prices for the Common Stock during the 20 Trading Day prior to such Conversion Date.