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Going Concern
9 Months Ended
Nov. 30, 2019
Notes To Financial Statements [Abstract]  
Going Concern

Note 3 - Going Concern

 

The accompanying unaudited financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. The Company had an accumulated deficit of $7,098,730 and $4,822,389 as at November 30, 2019 and February 28, 2019 respectively, and had a net loss of $2,275,868 and $936,322 for the nine months ended November 30, 2019 and 2018, respectively.

 

The Company’s continuation as a going concern is dependent on its ability to obtain additional financing to fund operations, implement its business model, and ultimately, attain profitable operations. The Company will need to secure additional funds through various means, including equity and debt financing or any similar financing. There can be no assurance that the Company will be able to obtain additional equity or debt financing, if and when needed, on terms acceptable to the Company, or at all. Any additional equity or debt financing may involve substantial dilution to the Company’s stockholders, restrictive covenants or high interest costs. The Company’s long-term liquidity also depends upon its ability to generate revenues and achieve profitability.