ACCRUED EXPENSES

12 Months Ended

Feb. 28, 2013

ACCRUED EXPENSES [Abstract]

ACCRUED EXPENSES

NOTE 8 - ACCRUED EXPENSES

Accrued expenses at February 28, 2013 and February 29, 2012 consisted of the following:

	2013		2012
Accrued payroll and related expenses	$	1,564,496	$	993,652
Accrued interest		30,867		82
Other		6,377		26,225
Total	$	1,601,740	$	1,019,959

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 28, 2013 and February 29, 2012, these amounts total $927,984 and $524,989, respectively. Also included in this amount is accrued vacation expense of $411,667 and $306,562at February 28, 2013 and February 29, 2012 respectively.