ACCOUNTS RECEIVABLE - TRADE

3 Months Ended

May 31, 2013

Accounts Receivable Trade [Abstract]

ACCOUNTS RECEIVABLE - TRADE

(5) ACCOUNTS RECEIVABLE – TRADE

The amounts shown on the balance sheets termed Accounts Receivable – Trade are amounts reflecting non-interest bearing advances to facilitate a settlement transaction. We collect the advances generally within 30 days after the transactions close, and we receive payment before any of the parties involved in the transaction receive funds. Our business model does not use leverage, which minimizes issues of collectability or adverse effects due to the credit environment. The receivable amounts at May 31, 2013, and February 28, 2013, were $0 and $78,757, respectively.