3. ACCOUNTS PAYABLE AND ACCRUALS	12 Months Ended
Feb. 29, 2020
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUALS	The Company intends to make a proposal to various of its significant outstanding creditors to convert all amounts outstanding to them into common stock of the Company. At February 29, 2020 and February 28, 2019, accrued expenses includes approximately $18,000 payable to a third party, guaranteed by our principal shareholder, for amounts paid to an account payable in October 2007 on our behalf. This amount was repayable if the proposed merger transaction with this party was not completed. This party subsequently merged with another entity and abandoned its possible transaction with the Company, however there has not been a demand for repayment of this amount. At February 29, 2020 and February 28, 2019, accounts payable also includes approximately $14,000 related to certain pre-1997 accounts payable (Note 8). Some of the amounts recorded as accounts payable or accrued liabilities may have passed the statute of limitations for purposes of the counterparty seeking recovery of such monies. The Company has not undertaken a formal study to evaluate recorded payables past the statute of limitations for purposes of possible write-off of such payables.

3. ACCOUNTS PAYABLE AND ACCRUALS

12 Months Ended

Feb. 29, 2020

The Company intends to make a proposal to various of its significant outstanding creditors to convert all amounts outstanding to them into common stock of the Company.

At February 29, 2020 and February 28, 2019, accrued expenses includes approximately $18,000 payable to a third party, guaranteed by our principal shareholder, for amounts paid to an account payable in October 2007 on our behalf. This amount was repayable if the proposed merger transaction with this party was not completed. This party subsequently merged with another entity and abandoned its possible transaction with the Company, however there has not been a demand for repayment of this amount.

At February 29, 2020 and February 28, 2019, accounts payable also includes approximately $14,000 related to certain pre-1997 accounts payable (Note 8).

Some of the amounts recorded as accounts payable or accrued liabilities may have passed the statute of limitations for purposes of the counterparty seeking recovery of such monies. The Company has not undertaken a formal study to evaluate recorded payables past the statute of limitations for purposes of possible write-off of such payables.