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Note 3 - Property and Equipment, Net

12 Months Ended

Feb. 28, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3 - PROPERTY AND EQUIPMENT, NET

Property and equipment consists of the following at February 28:

	2014		2013
Land	$	513,618	$	513,618
Building		4,775,466		4,764,005
Machinery and equipment		9,518,832		8,864,126
Furniture and fixtures		1,324,846		1,024,261
Leasehold improvements		2,489,782		1,930,991
Transportation equipment		394,508		392,755
Capital work in progress		967,937		-
		19,984,989		17,489,756

Less accumulated depreciation		11,496,791		10,712,613
Property and equipment, net	$	8,488,198	$	6,777,143

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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