XML 22 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accrued Expenses
6 Months Ended
Aug. 31, 2016
Accrued Expenses [Abstract]  
ACCRUED EXPENSES

NOTE 7 – ACCRUED EXPENSES

 

Accrued expenses consisted of the following:

 

    August 31, 2016     February 29, 2016  
             
Accrued payroll and related expenses   $ 3,146,841     $ 3,148,841  
Accrued rent     211,523       218,025  
Accrued interest     2,357,219       1,933,017  
Other     90,000       90,000  
Total     5,820,583     $ 5,389,883  

 

Accrued payroll and related expenses consists of salaries and vacation time accrued but not paid to employees due to our lack of financial resources.