Consolidated Statements of Cash Flows - USD ($)
|
12 Months Ended |
Feb. 28, 2017 |
Feb. 29, 2016 |
| Cash Flows from Operating Activities |
|
|
| Net loss |
$ (8,814,001)
|
$ (2,836,366)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation expense |
333,866
|
148,266
|
| Amortization expense |
63,579
|
63,579
|
| Amortization of the fair value of common shares issued for services |
|
534,000
|
| Fair value of shares issued for services and settlement |
69,498
|
80,000
|
| Fair value of warrants issued for services |
135,673
|
404,506
|
| Fair value of common stock Issuable for services - officer |
5,500,000
|
|
| Cost of reverse merger |
|
60,571
|
| Changes in operating assets and liabilities: |
|
|
| Valued added tax and other receivables |
(94,336)
|
(219,927)
|
| Prepayments and other current assets |
36,129
|
(29,674)
|
| Accounts payable and accrued liabilities |
(201,544)
|
350,345
|
| Accrued officer compensation |
150,000
|
180,000
|
| Intellectual property obligation |
|
(212,880)
|
| Advances from majority stockholder |
(12,354)
|
369,825
|
| Net Cash Used in Operating Activities |
(2,833,490)
|
(1,107,755)
|
| Cash Flows from Investing Activities |
|
|
| Purchase of property and equipment |
(513,022)
|
(1,598,723)
|
| Net Cash Used in Investing Activities |
(513,022)
|
(1,598,723)
|
| Cash Flows from Financing Activities |
|
|
| Proceeds from sales of common shares and exercise of warrants |
3,986,016
|
2,237,000
|
| Advances from issuable common shares |
|
614,001
|
| Net Cash Provided by Financing Activities |
3,986,016
|
2,851,001
|
| Effect of exchange rate changes |
(145,603)
|
68,267
|
| Net Change in Cash |
493,901
|
212,790
|
| Cash - beginning of period |
422,586
|
209,796
|
| Cash - end of period |
916,487
|
422,586
|
| Supplemental disclosure of cash flow information: |
|
|
| Income tax paid |
|
|
| Non-cash investing and financing activities: |
|
|
| Net Liabilities assumed upon reverse merger |
|
$ 59,919
|