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Prepaid expenses
9 Months Ended
Nov. 30, 2019
Notes To Financial Statements [Abstract]  
Prepaid expenses

Note 7 – Prepaid expenses

 

Prepaid expenses consist of the deposit pledge to the vendor for stocks credits for resale. The significant movement was mainly due to inception of Finger Motion (CN) Limited and its China entities on October 16, 2018. Our current vendors are China Unicom and China Mobile for Mobile Recharge and China Mobile for SMS.

 

    November 30, 2019   February 28, 2019
    (Unaudited)    
         
Deposit Paid / Prepayment   $ 2,551,050     $ 44,570,540  
Deposit received     (1,810,660 )     (43,237,936 )
Net Prepaid expenses for Mobile recharge   $ 740,390     $ 1,332,604  
Other deposit     2,037,876       1,238,120  
Prepayment and deposit   $ 2,778,266     $ 2,570,724  

 

    November 30, 2019   February 28, 2019
    (Unaudited)    
         
Deposit Paid / Prepayment   $ 613,694     $ —    
Deposit received             —    
Net Prepaid expenses for SMS   $ 613,694     $ —    
Other deposit     —         —    
Prepayment and deposit   $ 613,694     $ —