ACCRUED EXPENSES

12 Months Ended

Feb. 29, 2012

ACCRUED EXPENSES [Abstract]

ACCRUED EXPENSES

NOTE 8 - ACCRUED EXPENSES

Accrued expenses at February 29, 2012 and February 28,  2011 consisted of the following:

	2012		2011
Accrued payroll and related expenses	$	993,652	$	2,520,107
Accrued interest		82		112,749
Other		26,225		-
Total	$	1,019,959	$	2,632,856

Accrued payroll and related expenses consists primarily of salaries accrued but not paid to certain employees due to our lack of financial resources. At February 29, 2012 and February 28, 2011, these amounts total $524,989 and $1,889,420, respectively. Also included in this amount is accrued vacation expense of $306,562 and $584,065at February 29, 2012 and February 28,  2011 respectively.