Consolidated Balance Sheets - USD ($)
|
Nov. 30, 2015 |
Feb. 28, 2015 |
| Current Assets |
|
|
| Cash |
$ 837,745
|
$ 182,492
|
| Prepayments |
9,670
|
539,951
|
| Total Current Assets |
847,415
|
$ 722,443
|
| Property and Equipment |
|
|
| Machinery and equipment |
154,006
|
|
| Office equipment and furniture |
3,242
|
|
| Accumulated depreciation |
(4,215)
|
|
| Property and equipment, net |
153,033
|
|
| Intellectual Property |
|
|
| Intellectual property |
445,050
|
$ 445,050
|
| Accumulated amortization |
(32,149)
|
(9,892)
|
| Intellectual property, net |
412,901
|
435,158
|
| Total Assets |
1,413,349
|
$ 1,157,601
|
| Current Liabilities |
|
|
| Accounts payable |
76,334
|
|
| Accrued compensation - officer |
75,000
|
|
| Accrued R&D - related party |
400,000
|
|
| Advances from related party |
$ 52,768
|
$ 1,130
|
| Intellectual property acquisition obligation |
|
212,880
|
| Total current liabilities |
$ 604,102
|
$ 214,010
|
| Commitments and Contingencies |
|
|
| Stockholders' Equity |
|
|
| Common stock par value $0.0001: 250,000,000 shares authorized; 29,810,800 and 20,498,750 shares issued and outstanding, respectively |
$ 2,981
|
$ 2,050
|
| Additional paid-in capital |
3,373,290
|
1,197,140
|
| Accumulated deficit |
(2,567,024)
|
(255,599)
|
| Total stockholders' equity |
809,247
|
943,591
|
| Total liabilities and stockholders' equity |
$ 1,413,349
|
$ 1,157,601
|