NOTE 4 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES	3 Months Ended
May 31, 2020
Payables and Accruals [Abstract]
NOTE 4 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES	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. At May 31, 2020, 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. See also, Note 7 – Subsequent Events. Accrued expenses and other current liabilities includes approximately $18,000 due to a third party, guaranteed by our principal stockholder, for amounts paid to an account payable on our behalf. This amount is repayable if the proposed merger transaction with this party was not completed. This party subsequently merged with a third party and abandoned its possible transaction with the Company, however, there has not been a demand for repayment of this amount. The Company believes it would be entitled to an offset for recovery of certain costs from this third party associated with that proposed transaction pursuant to understandings between the parties.

NOTE 4 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

May 31, 2020

NOTE 4 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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. At May 31, 2020, 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. See also, Note 7 – Subsequent Events.

Accrued expenses and other current liabilities includes approximately $18,000 due to a third party, guaranteed by our principal stockholder, for amounts paid to an account payable on our behalf. This amount is repayable if the proposed merger transaction with this party was not completed. This party subsequently merged with a third party and abandoned its possible transaction with the Company, however, there has not been a demand for repayment of this amount. The Company believes it would be entitled to an offset for recovery of certain costs from this third party associated with that proposed transaction pursuant to understandings between the parties.