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Consolidated Balance Sheets - USD ($)
Feb. 28, 2022
Feb. 28, 2021
Current Assets    
Cash and cash equivalents $ 461,933 $ 850,717
Accounts receivable 4,875,149 4,099,312
Inventories 1,407 1,401
Prepayment and deposit 3,331,342 646,377
Other receivables 1,539,265 1,506,720
Current Assets 10,209,096 7,104,527
Non-current Assets    
Equipment 26,808 26,453
Intangible assets 125,932 161,210
Right-of-use asset 5,069 49,314
Non-current Assets 157,809 236,977
TOTAL ASSETS 10,366,905 7,341,504
Current Liabilities    
Accounts payable 3,588,289 2,473,636
Accrual and other payables 1,685,297 1,046,190
Loan payable, current portion 544,900
Lease liability, current portion 5,069 47,569
Current Liabilities 5,278,655 4,112,295
Non-current Liabilities    
Loan payable, non-current portion 1,109,307
Lease liability, non-current portion 4,936
Non-current Liabilities 1,114,243
TOTAL LIABILITIES 5,278,655 5,226,538
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $.0001 per share; Authorized 1,000,000 shares; issued and outstanding -0- shares.
Common Stock, par value $.0001 per share; Authorized 200,000,000 shares; issued and outstanding 42,627,260 shares and 38,903,494 issued and outstanding at February 28, 2022 and February 28, 2021 respectively 4,263 3,890
Additional paid-in capital 21,730,941 14,170,815
Additional paid-in capital - stock options 356,328
Accumulated deficit (17,152,172) (12,208,728)
Accumulated other comprehensive income 137,911 140,906
Stockholders’ equity before non-controlling interests 5,077,271 2,106,883
Non-controlling interests 10,979 8,083
TOTAL SHAREHOLDERS’ EQUITY 5,088,250 2,114,966
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 10,366,905 $ 7,341,504