Annual report pursuant to Section 13 and 15(d)

STATEMENT OF STOCKHOLDERS' EQUITY

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STATEMENT OF STOCKHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Deferred Compensation Cost [Member]
Total
Balance beginning at Feb. 28, 2015 $ 403,473 $ 3,855,188 $ 2,237,076 $ (166,281) $ (56,000) $ 6,273,456
Balance beginning (in shares) at Feb. 28, 2015 40,347,292          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of stock based compensation $ 1,402 62,741       64,143
Issuance of stock based compensation (in shares) 140,240          
Compensation expense related to stock options   50,413       50,413
Purchase of treasury common stock       (80,577)   (80,577)
Amortization of deferred compensation cost         28,000 28,000
Net income     782,864     782,864
Balance ending at Feb. 29, 2016 $ 404,875 3,968,342 3,019,940 (246,858) (28,000) 7,118,299
Balance ending (in shares) at Feb. 29, 2016 40,487,532          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of stock based compensation $ 1,674 87,984       89,658
Issuance of stock based compensation (in shares) 167,439          
Compensation expense related to stock options   115,828       115,828
Cancellation of common stock $ (965) (42,428)       (43,393)
Cancellation of common stock (in shares) (96,542)          
Purchase of treasury common stock       (97,346)   (97,346)
Amortization of deferred compensation cost         28,000 28,000
Net income     (534,999)     (534,999)
Balance ending at Feb. 28, 2017 $ 405,584 $ 4,129,726 $ 2,484,941 $ (344,204) $ 6,676,047
Balance ending (in shares) at Feb. 28, 2017 40,558,429