Consolidated Balance Sheets - USD ($)
|
Feb. 29, 2016 |
Feb. 28, 2015 |
| Current Assets |
|
|
| Cash |
$ 422,586
|
$ 209,796
|
| Valued added tax and other receivables |
253,041
|
33,114
|
| Prepayments and other current assets |
36,129
|
539,951
|
| Total Current Assets |
711,756
|
782,861
|
| Property and Equipment |
|
|
| Machinery and equipment |
1,126,147
|
11,990
|
| Office equipment and furniture |
108,030
|
$ 586
|
| Leasehold improvements |
314,786
|
|
| Accumulated depreciation and amortization |
(149,609)
|
$ (1,343)
|
| Property and equipment, net |
1,399,354
|
11,233
|
| Intellectual Property |
|
|
| Intellectual property |
445,050
|
445,050
|
| Accumulated amortization |
(73,471)
|
(9,892)
|
| Intellectual property, net |
371,579
|
435,158
|
| Total Assets |
2,482,689
|
1,229,252
|
| Current Liabilities |
|
|
| Accounts payable and accrued liabilities |
363,083
|
6,587
|
| Accrued Officers Compensation |
$ 210,000
|
30,000
|
| Intellectual Property Obligation |
|
212,880
|
| Advances from majority stockholder |
$ 492,128
|
68,031
|
| Total current liabilities |
$ 1,065,211
|
$ 317,498
|
| Commitments and Contingencies |
|
|
| Stockholders' Equity |
|
|
| Series A Preferred stock par value $0.001; 25,000,000 shares authorized; one share issued and outstanding at February 29, 2016 |
|
|
| Common stock par value $0.0001: 250,000,000 shares authorized; 29,810,800 and 20,498,750 shares issued and outstanding, respectively |
$ 2,992
|
$ 2,050
|
| Additional paid-in capital |
3,918,356
|
$ 1,197,140
|
| Common stock issuable, 204,667 shares |
614,001
|
|
| Accumulated deficit |
(3,123,802)
|
$ (287,436)
|
| Accumulated other comprehensive gain |
5,931
|
|
| Total stockholders' equity |
1,417,478
|
$ 911,754
|
| Total liabilities and stockholders' equity |
$ 2,482,689
|
$ 1,229,252
|