DERIVATIVE LIABILITES (Tables)

9 Months Ended

Nov. 30, 2019

Derivative Liability [Abstract]

Schedule of derivative liabilities using the Monte-Carlo

The Company estimated the fair value of the derivative liabilities using the multinomial lattice model using the following key assumptions during the nine months ended November 30, 2019:  

Strike price	$1.25 - $0.0001
Fair value of Company common stock	$0.0003- $0.0001
Dividend yield	0.00%
Expected volatility	528.3% - 373.9%
Risk free interest rate	1.22% - 2.59%
Expected term (years)	0.01 - 3.66

Schedule of level 3 financial instruments

The changes in the derivative liabilities (Level 3 financial instruments) measured at fair value on a recurring basis for the nine months ended November 30, 2019 were as follows: 

Balance as of February 28, 2019	$	6,170,139
Debt discount due to derivative liabilities		26,250
Derivative liability in excess of face value of debt recorded to interest expense		172,242
Adjustment on derivative liability due to debt settlement		(164,768	)
Release of derivative liability on conversion of convertible notes payable		(493,405	)
Change in fair value of derivative liabilities		(367,971	)
Balance as of November 30, 2019	$	5,342,487