Transition report pursuant to Rule 13a-10 or 15d-10

STATEMENT OF STOCKHOLDERS' EQUITY

v3.8.0.1
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. 29, 2016 $ 404,875 $ 3,968,342 $ 3,019,940 $ (246,858) $ (28,000) $ 7,118,299
Balance beginning (in shares) at Feb. 29, 2016 40,487,532          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of stock based compensation $ 1,674 87,984       89,658
Issuance of stock based compensation (in shares) 167,439          
Compensation expense related to stock options   115,828       115,828
Cancellation of common stock $ (965) (42,428)       (43,393)
Cancellation of common stock (in shares) (96,542)          
Purchase of treasury common stock       (97,346)   (97,346)
Amortization of deferred compensation cost         28,000 28,000
Net income (loss)     (534,999)     (534,999)
Balance ending at Feb. 28, 2017 $ 405,584 4,129,726 2,484,941 (344,204) 6,676,047
Balance ending (in shares) at Feb. 28, 2017 40,558,429          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of stock based compensation $ 2,171 110,329       112,500
Issuance of stock based compensation (in shares) 217,100          
Compensation expense related to stock options   (4,417)       (4,417)
Cancellation of common stock $ (440) (18,920)       (19,360)
Cancellation of common stock (in shares) (44,000)          
Net income (loss)     904,957     904,957
Balance ending at Dec. 31, 2017 $ 407,315 $ 4,216,718 $ 3,389,898 $ (344,204)   $ 7,669,727
Balance ending (in shares) at Dec. 31, 2017 40,731,529