Condensed Consolidated Balance Sheets - USD ($)
|
May 31, 2016 |
Feb. 29, 2016 |
| Current Assets |
|
|
| Cash |
$ 1,420,292
|
$ 422,586
|
| Valued added tax and other receivables |
289,845
|
253,041
|
| Prepayments and other current assets |
24,830
|
36,129
|
| Total Current Assets |
1,734,967
|
711,756
|
| Property and Equipment, net of accumulated depreciation of $243,530 and $149,609, respectively |
1,428,300
|
1,399,354
|
| Intellectual Property, net of accumulated amortization of $95,728 and $73,471, respectively |
349,322
|
371,579
|
| Total Assets |
3,512,589
|
2,482,689
|
| Current Liabilities |
|
|
| Accounts payable and accrued liabilities |
285,078
|
363,083
|
| Accrued Officers Compensation |
255,000
|
210,000
|
| Advances from majority stockholder |
510,713
|
492,128
|
| Total current liabilities |
1,050,791
|
1,065,211
|
| Commitments and Contingencies |
|
|
| Stockholders' Equity |
|
|
| Series A Preferred stock par value $0.001; 25,000,000 shares authorized; one share issued and outstanding |
|
|
| Common stock par value $0.0001: 250,000,000 shares authorized; 30,778,135 and 29,910,800 shares issued and outstanding, respectively |
3,079
|
2,992
|
| Additional paid-in capital |
6,561,632
|
3,918,356
|
| Common stock issuable, 204,667 shares |
|
614,001
|
| Accumulated deficit |
(4,088,351)
|
(3,123,802)
|
| Accumulated other comprehensive gain |
(14,562)
|
5,931
|
| Total stockholders' equity |
2,461,798
|
1,417,478
|
| Total liabilities and stockholders' equity |
$ 3,512,589
|
$ 2,482,689
|