Common Stock

12 Months Ended

Feb. 28, 2022

Equity [Abstract]

Common Stock

9. Common Stock

a) On April 15, 2021, the Company issued a total of 12,000 shares of common stock at $0.35 per share for proceeds of $4,200, which was received at February 28, 2021.

b) On April 15, 2021, the Company issued 1,000,000 shares of common stock at $0.35 per share pursuant to a share purchase and service agreement for cash proceeds of $30,000, which was received at February 28, 2021, and 18 months of consulting services of which $17,777 of common stock issuable was accrued at February 28, 2021. During the year ended February 28, 2022, the Company recognized consulting expense of $302,223.

c) On February 15, 2022, the Company repurchased 7,025,000 shares of common stock from the former CEO of the Company, pursuant to the Share Purchase and Separation Agreement described in Note 11.