PROPERTY, PLANT, AND EQUIPMENT (Tables)

9 Months Ended

Nov. 30, 2013

PROPERTY, PLANT, AND EQUIPMENT [Abstract]

Property, plant, and equipment consisted of the following:

	November 30, 2013			February 28, 2013

Machinery and equipment	$	964,111		$	964,111
Furniture and fixtures		163,302			163,302
Leasehold improvements		-			485,080
		1,127,413			1,612,493
Less accumulated depreciation		(1,115,466	)		(1,572,023	)
Property, plant and equipment, net	$	11,947		$	40,470

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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