Annual report pursuant to Section 13 and 15(d)

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Feb. 28, 2017
Accounting Policies [Abstract]  
Schedule of net income per common share

Basic earnings per share are computed on the weighted average of common shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common shares issuable upon exercise of employee and director stock options (Note 6).

 

    Fiscal Year Ended  
    February 28, 2017     February 29, 2016  
             
Net (loss)/income   $ (534,999 )   $ 782,864  
                 
Weighted Average Outstanding Shares:                
Outstanding shares     37,830,581       37,988,954  
Option shares includable     47,620        
      37,878,201       37,988,954  
                 
Net (loss)/income per share                
Basic   $ (0.01 )   $ 0.02  
Diluted   $ (0.01 )   $ 0.02