Annual report pursuant to Section 13 and 15(d)

STATEMENT OF STOCKHOLDERS' EQUITY

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STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Deferred Compensation Cost [Member]
Total
Balance beginning at Feb. 28, 2014 $ 389,367 $ 3,512,294 $ 1,483,959 $ (142,000) $ (51,750) $ 5,191,870
Balance beginning (in shares) at Feb. 28, 2014 38,936,667          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock awards $ 4,200 79,800 $ (84,000)
Issuance of common stock awards (in shares) 420,000          
Issuance of common stock $ 10,000 263,000 $ 273,000
Issuance of common stock (in shares) 1,000,000          
Cancellation of Unvested common Stock $ (94) 94
Cancellation of Unvested common Stock (in shares) (9,375)          
Purchase of treasury common stock       $ (24,281) $ (24,281)
Amortization of deferred compensation cost         $ 79,750 79,750
Net income     $ 753,117     753,117
Balance ending at Feb. 28, 2015 $ 403,473 3,855,188 $ 2,237,076 $ (166,281) $ (56,000) 6,273,456
Balance ending (in shares) at Feb. 28, 2015 40,347,292          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock $ 1,402 113,154  
Issuance of common stock (in shares) 140,240          
Purchase of treasury common stock       $ (80,577) (80,577)
Amortization of deferred compensation cost         $ 28,000 28,000
Net income     $ 782,864     782,864
Balance ending at Feb. 29, 2016 $ 404,875 $ 3,968,342 $ 3,019,940 $ (246,858) $ (28,000) $ 7,118,299
Balance ending (in shares) at Feb. 29, 2016 40,487,532