Consolidated Balance Sheets - USD ($)
|
Feb. 28, 2017 |
Feb. 29, 2016 |
| Current Assets |
|
|
| Cash |
$ 916,487
|
$ 422,586
|
| Valued added tax and other receivables |
259,297
|
253,041
|
| Prepayments and other current assets |
|
36,129
|
| Total current assets |
1,175,784
|
711,756
|
| Property and Equipment, net of accumulated depreciation of $497,244 and $149,609, respectively |
1,566,969
|
1,399,354
|
| Intellectual Property, net of accumulated amortization of $137,050 and $73,471, respectively |
308,000
|
371,579
|
| Total assets |
3,050,753
|
2,482,689
|
| Current Liabilities |
|
|
| Accounts payable and accrued liabilities |
161,536
|
363,083
|
| Accrued Officers Compensation |
360,000
|
210,000
|
| Advances from majority stockholder |
391,695
|
492,128
|
| Total current liabilities |
913,231
|
1,065,211
|
| Commitments and Contingencies |
|
|
| Stockholders' Equity |
|
|
| Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding |
|
|
| Common stock par value $0.0001: 250,000,000 shares authorized; 31,451,973 and 29,910,800 shares issued and outstanding, respectively |
3,146
|
2,992
|
| Additional paid-in capital |
8,723,390
|
3,918,356
|
| Common stock issuable, 1,000,000 and 204,667 shares at February 28, 2017 and February 29, 2016, respectively |
5,500,000
|
614,001
|
| Accumulated deficit |
(11,937,803)
|
(3,123,802)
|
| Accumulated other comprehensive (loss) gain |
(151,211)
|
5,931
|
| Total stockholders' equity |
2,137,522
|
1,417,478
|
| Total liabilities and stockholders' equity |
$ 3,050,753
|
$ 2,482,689
|