Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION (Details Narrative)

v3.4.0.3
STOCK-BASED COMPENSATION (Details Narrative) - USD ($)
 1 Months Ended 12 Months Ended
Oct. 21, 2015
Jul. 31, 2012
Feb. 29, 2016
Feb. 28, 2015
Sep. 30, 2015
Number of shares authorized to employees   1,465,000      
Share price (in dollars per share)   $ 0.18      
Common shares par value (in dollars per share)     $ 0.01 $ 0.01  
Accrued expenses     $ 499,406 $ 304,041  
Independent Directors ( Dr. Mark Baker, Mr. Mark Pastreich, Mr. Arthur Radin and Mr. Cyril Narishkin) [Member]          
Description of payment terms

Paid quarterly half in cash and half in common stock.

        
Annually compensation paid per director $ 25,000        
Independent Directors ( Dr. Mark Baker, Mr. Mark Pastreich, Mr. Arthur Radin and Mr. Cyril Narishkin) [Member] | Consulting Agreement [Member]          
Accrued expenses     $ 12,500    
2015 Stock Option Plan [Member]          
Number of shares authorized         2,000,000
Number of common shares awarded     1,155,000  
Common shares par value (in dollars per share)         $ 0.01
Weighted average grant date fair value of stock options     $ 0.19  
Allocated stock-based compensation expense     $ 50,413  
Weighted-average grant-date fair value options granted     201,890 $ 0  
Total intrinsic value of options exercised     0 0  
Total unrecognized compensation cost     $ 200,000 0  
Weighted-average period (in years)     17 months    
Total fair value of shares vested     $ 0 0  
Amortization amount     $ 0 $ 51,750  
Minimum [Member]          
Terms of amortization   1 year      
Maximum [Member]          
Terms of amortization   2 years