Restatement of Previously Issued Financial Statements and Summary of Significant Accounting Policies (Tables)
3 Months Ended
May 31, 2017
Restatement Of Previously Issued Financial Statements And Summary Of Significant Accounting Policies Tables  
Consolidated balance sheets correction

The following table illustrates the impact of the correction to the unaudited condensed consolidated balance sheets:

 

    As at February 28, 2017  
    As previously reported     Adjustment     Restated  
Common stock issuable     5,500,000       (4,700,000 )     800,000  
Accumulated deficit     (11,937,803 )     4,700,000       (7,237,803 )

 

    As at May 31, 2017  
    As previously reported     Adjustment     Restated  
Common stock issuable     5,500,000       (4,700,000 )     800,000  
Accumulated deficit     (13,460,893 )     4,700,000       (8,760,893 )

Consolidated statement of shareholders equity correction

The following table illustrates the impact of the correction on the condensed consolidated statement of shareholders’ equity:

 

    Three month period ended May 31, 2017  
    As previously reported     Adjustment     Restated  
Accumulated deficit at Feb 28, 2017     (11,937,803 )     4,700,000       (7,237,803 )
Accumulated deficit at May 31, 2017     (13,460,893 )     4,700,000       (8,760,893 )
Common stock issuable     5,500,000       (4,700,000 )     800,000  

Foreign Currency Translations and Transactions
   

Three Months

Ended May 31,

 
    2017      2016  
Period end Canadian $: US Dollar exchange rate   $ 0.74     $ 0.76  
Average period Canadian $: US Dollar exchange rate   $ 0.74     $ 0.78