• Filing Date: 2016-07-15
  • Form Type: 10-Q
  • Description: Quarterly report
v3.5.0.2
Stockholders' Equity (Details Narrative)
3 Months Ended
May 31, 2016
USD ($)
$ / shares
shares
Stockholders Equity Details Narrative  
Issuance of warrants to purchase | shares 2,220,000
Issuance of warrants to purchase, per share | $ / shares $ 0.80
Fair value of the warrants granted $ 1,210,788
Amortized costs included in operating expense 41,359
Unamortized balance of costs 301,335
Intrinsic value of warrants $ 4,148,000
Issuance of warrants to purchase to certain investors upon the sale of its equity securities, per share | $ / shares $ 4.20
Issuance of common shares for cash, Shares | shares 662,668
Warrant acquire to common stock, shares | shares 331,334
Warrant acquire to common stock per share price | $ / shares $ 3.00
Warrant acquire to common stock, amount $ 1,988,003