Property and Equipment:

12 Months Ended

Feb. 28, 2013

3. Property and Equipment:

Property and equipment consists of the following as of February 28, 2013 and February 29, 2012, respectively:

	Estimated
	Useful Lives	2013			2012

Furniture and equipment	5 - 10 years	$	22,415		$	22,415

Total property and equipment		22,415			22,415

Accumulated depreciation		(19,679		)	(18,996		)

		$	2,736		$	3,419

Depreciation expense for the years ended February 28, 2013 and February 29, 2012 was $683 and $701, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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