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Inventories
3 Months Ended
May 31, 2016
Inventories [Abstract]  
INVENTORIES

NOTE 3 – INVENTORIES

 

Inventories, stated at the lower of cost (first in first out), or market consisted of the following:

 

  May 31,
2016
  February 29,
2016
 
Raw materials $1,872,720  $1,858,347 
Finished goods  1,568,188   1,558,554 
   3,440,908   3,416,901 
Inventory reserve  (3,440,908)  (3,416,901)
  $0  $0 

 

The Company has not operated and therefore has not produced product since late 2015. As a result, while the Company believes that a significant portion of the inventory has value, we are unable to substantiate its demand and market value and as a result have elected to reserve it in its entirety as of May 31, 2016 and February 29, 2016.