XML 20 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Common Stock
6 Months Ended
Aug. 31, 2016
Equity [Abstract]  
Common Stock

Note 4. Common Stock

 

During the quarter ended August 31, 2016, the Company allocated 77,921 shares, to be issued in lieu of fees paid to third parties. The fair value of the shares is determined to be $85,760 using $1.03 and $1.25 per share, which represent the market price at August 31, 2016 and May 31, 2016, respectively. In addition third party shareholders subscribed for 99,375 shares, for which they paid $0.80 per share, at total of $79,500 as of August 31, 2016 the date such issues were approved by the board.