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RISK CONCENTRATIONS
12 Months Ended
Feb. 28, 2022
RISK CONCENTRATIONS  
NOTE 8. RISK CONCENTRATIONS

NOTE 8. RISK CONCENTRATIONS

 

Financial instruments that potentially expose the Company to certain concentrations of credit risk include cash in bank accounts. The cash deposits, at times, may exceed the amount insured by the Federal Deposit Insurance Corporation (“FDIC”). Beginning January 1, 2013, as per FDIC, all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit are standardly insured for up to $250,000. The standard insurance coverage is per depositor, per insured bank.