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RELATED PARTY TRANSACTIONS (Details) (USD $)
3 Months Ended 9 Months Ended 9 Months Ended
Nov. 30, 2012
Feb. 29, 2012
Nov. 30, 2012
Member of Board of Directors [Member]
Nov. 30, 2012
Member of Board of Directors [Member]
Nov. 30, 2011
Member of Board of Directors [Member]
Nov. 30, 2012
Member of Board of Directors [Member]
Accrued interest [Member]
Nov. 30, 2012
Law Firm of Relative of Major Shareholder of Company [Member]
Related Party Transaction [Line Items]              
Unsecured notes payable and accrued interest- related party $ 17,017,778 $ 12,562,743 $ 13,919,960 $ 13,919,960   $ 3,097,818  
Related party transaction, rate (in hundredths)       10.00%      
Related party transaction, date       Sep. 23, 2011      
Interest expense accrued on unsecured notes payable       960,078 459,417   150,000
Repayment on notes from proceeds of legal settlement     940,040        
Advances for legal fees       960,078 459,417   150,000
Legal fees paid as part of bankruptcy settlement             $ 512,000