Financial Statement Restatements (Tables)

9 Months Ended

Nov. 30, 2019

Accounting Changes and Error Corrections [Abstract]

Schedule of financial statements

	Nine-months ended November 30, 2018
	Previously Reported			Restatement Adjustment				Restated
Net revenue	$	39,274		$	-			$	39,274
Cost of goods sold		110,026			-				110,026
Gross loss		(70,752	)		-				(70,752	)
Operating expenses
Engineering, research & development		302,293			-				302,293
Selling, general & administration		4,789,451			(1,991,740	)	i.		2,797,711
Total operating expenses		5,091,744			(1,991,740	)			3,100,004
Income (loss) from operations		(5,162,496	)		1,991,740				(3,170,756	)
Other expense
Interest expense, net		848,593			-				848,593
Other income		(304,142	)		-				(304,142	)
Total other expense		544,451			-				544,451
Net income (loss)	$	(5,706,947	)	$	1,991,740			$	(3,715,207	)
Basic income (loss) per share	$	(0.13	)	$	0.04		i.	$	(0.08	)
Basic weighted average shares outstanding		44,356,148			44,356,148				44,356,148
Diluted income (loss) per share	$	(0.13	)	$	0.04		i.	$	(0.08	)
Dilutive weighted average shares outstanding		44,356,148			44,356,148				44,356,148

	Nine-months ended November 30, 2018
	Previously Reported			Restatement Adjustment				Restated
Net loss	$	(5,706,947	)	$	1,991,740		i.	$	(3,715,207	)
Adjustments to reconcile net loss to cash used in operating activities
FMV of warrants issued for services		438,826			-				438,826
Gain on settlement of debt		-			-				-
Stock issued for services		1,992,250			(1,991,740	)	i.		510
(Increase) decrease in
Accounts receivable		-			-				-
Other current assets		(8,804	)		-				(8,804	)
Increase (decrease) in
Accts payable, customer deposits and accrued expenses		1,382,524			-				1,382,524
Cash used in operating activities		(1,902,151	)		-				(1,902,151	)
Cash flows from financing activities
Issuance of common stock					-				-
Payment on notes payable		(50,000	)		-				(50,000	)
Proceeds from subscription receivable		1,225,000			-				1,225,000
Cash provided by financing activities		1,175,000			-				1,175,000
Net incr (decr) in cash and cash equivalents		(727,151	)		-				(727,151	)
Beginning cash		748,008			-				748,008
Ending cash	$	20,857		$	-			$	20,857
Cash paid in the period for:
Interest	$	37,500		$	-			$	37,500
Income taxes	$	-		$	-			$	-