DigitalTown (DGTW) S-1/A 12 Sep 18 IPO registration (amended) Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	May 31, 2018
Document And Entity Information
Entity Registrant Name	DigitalTown, Inc.
Entity Central Index Key	1,065,598
Document Type	S-1/A
Document Period End Date	May 31, 2018
Amendment Flag	true
Amendment description	The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
Current Fiscal Year End Date	--02-28
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Entity Filer Category	Smaller Reporting Company

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Current assets:
Cash	$ 20,506	$ 58,712	$ 539,243
Digital currencies	1,380,156
Accounts receivable, net	11,383	12,089	25,609
Short term investment	10,000	10,000
Prepaid domain name renewal fees	42,451	77,977	105,775
Prepaid expenses	10,867
Prepaid insurance		3,103	21,198
Total current assets	1,475,363	161,881	691,825
Property and equipment, net	20,473	22,433	1,812
Total assets	1,495,836	184,314	693,637
Current liabilities:
Accounts payable	302,705	214,700	166,847
Accounts payable - related parties	886,532	458,125	10,612
Deferred revenue	170,000	170,000	190,000
Domain marketing development obligation	192,869	145,906
Interest payable	10,496	34,783
Accrued expenses - related parties	542,066	552,976	280,900
Notes payable - related parties		105,479
Notes payable - third parties, net		30,548
Convertible note payable - related party	120,000	468,493	400,000
Convertible notes payable - third parties, net	101,098	118,655
Total current liabilities	2,325,766	2,299,665	1,048,359
Commitments and contingencies
Stockholders' equity (deficit):
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 125,749,320 and 84,509,824 shares issued and outstanding at May 31, 2018 and February 28, 2018, respectively	1,257,493	845,098	526,060
Additional paid-in-capital	49,246,963	43,698,746	34,333,479
Stock payable		2,221,603	3,426,371
Subscriptions receivable
Accumulated other comprehensive income	(192,348)	5,098	1,868
Accumulated deficit	(51,142,038)	(48,885,896)	(38,642,500)
Total stockholders' equity (deficit)	(829,930)	(2,115,351)	(354,722)
Total liabilities and stockholders' equity (deficit)	$ 1,495,836	$ 184,314	$ 693,637

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Stockholders' equity (deficit):
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	2,000,000,000	2,000,000,000	2,000,000,000
Common stock, shares issued	125,749,320	84,509,824	52,606,000
Common stock, shares outstanding	125,749,320	84,509,824	52,606,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Consolidated Statements Of Operations
Revenues	$ 86,218	$ 80,271	$ 327,335	$ 165,991
Cost of revenues	525,328	98,608	1,031,344	473,056
Gross loss	(439,110)	(18,337)	(704,009)	(307,065)
Operating expenses:
Selling, general and administrative expenses	1,223,618	1,073,187	7,443,296	5,168,512
Loss from operations	(1,662,728)	(1,091,524)	(8,147,305)	(5,475,577)
Other income (expense)
Impairment expense	(1,721,760)		(1,721,760)	(1,725,009)
Interest expense	593,414	9,724	(374,331)	(19,040)
Total other income (expense)	593,414	9,724	(2,096,091)	(1,744,049)
Loss before income taxes	(2,256,142)	(1,101,248)	(10,243,396)	(7,219,626)
Income tax provision
Net loss	$ (2,256,142)	$ (1,101,248)	$ (10,243,396)	$ (7,219,626)
Net loss per common share basic and diluted	$ (0.03)	$ (0.02)	$ (0.17)	$ (0.16)
Weighted average common shares outstanding basic and diluted	86,876,957	55,059,804	61,786,169	44,840,743

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)	Common Stock	Additional Paid-In Capital	Stock Payable	Subscription Receivable	Accumulated Other Comprehensive Loss	Accumulated Deficit	Total
Beginning balance, Shares at Feb. 29, 2016	41,461,543
Beginning balance, Amount at Feb. 29, 2016	$ 414,615	$ 30,967,377	$ 37,500	$ (12,150)		$ (31,422,874)	$ (15,532)
Common stock issued for cash, Shares	6,999,707
Common stock issued for cash, Amount	$ 69,997	1,502,453	800,500	5,000			2,377,950
Stock issued for compensation, Shares	775,000
Stock issued for compensation, Amount	$ 7,750	571,618	1,857,121	7,150			2,443,639
Stock issued for acquisitions, Shares	3,000,000
Stock issued for acquisitions, Amount	$ 30,000	1,110,000	731,250				1,871,250
Stock issued for domain names, Shares	369,750
Stock issued for domain names, Amount	$ 3,698	151,043					154,740
Exercise of stock options, Amount		11,948					11,948
Imputed interest		19,040					19,040
Accumulated other comprehensive income					1,868		1,868
Net Loss						(7,219,626)	(7,219,626)
Ending balance, Shares at Feb. 28, 2017	52,606,000
Ending balance, Amount at Feb. 28, 2017	$ 526,060	34,333,479	3,426,371		1,868	(38,642,500)	(354,722)
Common stock issued for cash, Shares	6,818,333
Common stock issued for cash, Amount	$ 68,183	1,261,817	332,732				1,662,732
Common stock issued for stock payable, Shares	8,039,382
Common stock issued for stock payable, Amount	$ 80,394	2,478,667	(2,559,061)
Stock issued for compensation, Shares	8,512,776
Stock issued for compensation, Amount	$ 85,128	2,147,203	521,792				2,754,124
Stock issued for acquisitions, Shares	8,333,333
Stock issued for acquisitions, Amount	$ 83,333	2,328,334					2,411,667
Conversion of debt			223,000				223,000
Exercise of stock options, Shares	200,000
Exercise of stock options, Amount	$ 2,000	18,000					20,000
Conversion of accrued expenses		164,743	276,769				441,512
Warrants issued with debt		450,000					450,000
BCF		450,246					450,246
Imputed interest		66,257					66,257
Accumulated other comprehensive income					3,230		3,230
Net Loss						(10,243,396)	(10,243,396)
Ending balance, Shares at Feb. 28, 2018	84,509,824
Ending balance, Amount at Feb. 28, 2018	$ 845,098	$ 43,698,746	$ 2,221,603		$ 5,098	$ (48,885,896)	$ (2,115,351)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (2,256,142)	$ (1,101,248)	$ (10,243,396)	$ (7,219,626)
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation expense	1,842	1,300	6,022	2,782
Loss on conversion of debt and accrued expenses			329,526
Depreciation and amortization			70,929	14,805
Bad debt expense				114,829
Debt discount amortization	562,923		276,257
Loss on acquisition of Appointment.com				853,955
Impairment expense	1,721,760		1,721,760	1,725,009
Imputed interest	12,125	10,350	66,257	19,040
Stock based compensation	436,406	346,071	3,524,123	2,455,587
Changes in operating assets and liabilities:
Accounts receivable	706	17,692	13,520	(102,014)
Prepaid expenses	24,762	(27,013)	35,893	(104,186)
Accounts payable	88,123	(17,925)	40,544	91,331
Accounts payable - related parties	428,407	(765)	447,512	(131,835)
Accrued expenses	7,331	(20,000)
Accrued expenses - related parties			428,845	158,565
Deferred revenue		155,613	(20,000)	190,000
Domain marketing development obligation	46,963		145,906
Digital currencies	(15,882)
Net cash used in operating activities	(662,436)	(635,925)	(3,162,324)	(1,934,540)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash received from sale of digital currencies	98,656
Cash paid for equipment		(26,423)
Cash paid for office equipment			(26,158)
Cash paid for domain names				(69,500)
Cash received from Comencia acquisition			11,989
Cash received from Reserve				34,256
Cash received from Appointment.com				2,240
Cash paid for Congo acquisition			(125,000)
Cash paid for Cloud.Market				(7,500)
Net cash used in investing activities	98,656	(26,423)	(139,169)	(40,504)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings from convertible note			735,000
Borrowings from promissory note			450,000
Payments on promissory note	(40,000)		(30,000)
Proceeds from issuance of common stock	566,950	162,500	1,662,732	2,377,950
Net cash provided by financing activities	526,950	162,500	2,817,732	2,377,950
Foreign currency translation adjustment	(1,376)	3,528	3,230	1,868
Net change in cash and cash equivalents	(38,206)	(496,320)	(480,531)	404,774
Cash and cash equivalents, beginning of year	58,712	539,243	539,243	134,469
Cash and cash equivalents, end of year	20,506	42,923	58,712	539,243
Non-Cash Transactions:
Issuance of common stock for domain names				154,740
Issuance of common stock for stock payable	1,828,200	1,506,250	2,559,061
Beneficial conversion feature			450,246
Debt discount from warrants			450,000
Conversion of debt to common stock	1,067,528		210,000
Conversion of accrued expenses to stock			$ 121,986
Stock issued for digital currencies	1,659,000
Loss on digital currencies	196,070
Stock cancelled for sale of prepaid domains	3,000
Finders fee for stock issued	$ 1,000

Basis of Presentation

Basis of Presentation	3 Months Ended
	May 31, 2018
Notes to Financial Statements
Note 1. Basis of Presentation	The accompanying unaudited consolidated financial information has been prepared by DigitalTown, Inc. (the “Company”) in accordance with accounting principles generally accepted in the United States of America (“U.S.”) (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”). Accordingly, it does not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair statement of this financial information have been included. Financial results for the interim period presented are not necessarily indicative of the results that may be expected for the fiscal year as a whole or any other interim period. This financial information should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended February 28, 2018. The Company’s fiscal year end is the last day in February. Our current fiscal year ends on February 28, 2019 and we refer to it as “fiscal 2019”. Last year, our fiscal year ended on February 28, 2018 and we refer to this year as “fiscal 2018”.

Nature of Operations and Signif

Nature of Operations and Significant Accounting Policies	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 1. Nature of Business and Summary of Significant Accounting Policies	Nature of Business The Company was founded in 1982 under the laws of the State of Minnesota as Command Small Computer Learning Center, Inc., a computer training company and operated under several different names in the computer hardware and training sector. In 2005, the Company began acquiring domain names. On March 1, 2007, the Company changed its name to DigitalTown, Inc. and began developing a business plan to develop a platform to monetize their domain names. DigitalTown currently provides turn-key hosted solutions to power a comprehensive platform for government entities, citizens and merchants. The easy to use platform helps city officials and local merchants manage a feature-rich Smart City for web and mobile devices and provides residents and visitors with access to Content, Community and Commerce. The Company’s headquarters are located in Bellevue, WA. The Company’s common stock is traded on the OTC Markets under the ticker symbol of DGTW. The Company’s consolidated financial statements have been prepared using U.S. GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has a working capital deficit, recurring losses, and negative cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty. At May 31, 2018, the Company had an accumulated deficit of $51,142,038. The Company anticipates that growth from its operations, expected future proceeds from additional financing through the sale of its common stock or other equity-based securities, and additional sales and/or leases of existing domain names will be sufficient to meet its working capital and capital expenditure needs through at least February 28, 2019. In the event that the Company is unable to obtain additional capital in the future, the Company would reduce operating expenses or cease operations altogether. Principles of Consolidation The consolidated financial statements include the accounts of DigitalTown, Inc. and its wholly-owned subsidiaries and have been prepared by the Company in United States (U.S.) dollars and in accordance with accounting principles generally accepted in the United States, or GAAP. All material intercompany accounts and transactions have been eliminated in consolidation. Reclassifications Certain prior period amounts in the consolidated statement of cash flows have been reclassified to conform to the current period presentation. Proceeds from related party notes payable received in the prior period have been reclassified from the prior period classification. These reclassifications had no impact on previously reported net income or accumulated deficit for any year. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates. Accounts Receivable Accounts receivable arise from the software licensing of our Rezserve subsidiary. The Company evaluates collectability of accounts receivable based on a combination of factors including the age of the receivable or a specific customer’s inability to meet its financial conditions. In these circumstances, the Company records an allowance to reduce the receivable to an amount it deems collectible. The Company has recorded an allowance for doubtful accounts as of May 31, 2018 and February 28, 2018 of $5,389 and $5,456, respectively. Goodwill and Intangible Assets Goodwill represents the excess of purchase price over the fair value of net tangible and identifiable intangible assets related to completed acquisitions. Goodwill has an indefinite life and is not amortized but instead tested for impairment annually, or more frequently if necessary. Intangible assets are recorded at fair value and are comprised of amounts assigned to acquisition-related items, such as trade names, customer lists, non-compete agreements and intellectual property/technology. Intangible assets are considered either definite or indefinite lived assets. Definite lived intangible assets are amortized on a straight-line basis over their useful lives. Certain intangible assets may have an indefinite life and are not amortized, but rather evaluated for impairment annually. We evaluate any goodwill and intangible assets for an impairment on an annual basis each fiscal year end. We also evaluate goodwill and intangible assets for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the goodwill and intangible assets below the carrying amounts. Based upon our review and analysis, we deemed all of the goodwill and intangible assets acquired in fiscal 2018 as fully impaired. Accordingly, we recognized an impairment expense of $1,721,760. Revenue Recognition Effective March 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the commercial sales of products, licensing agreements and contracts to perform pilot studies by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured. There was no impact on the Company’s financial statements as a result of adopting Topic 606 for the three months ended May 31, 2018 and the twelve months ended February 28, 2018. The Company recognizes revenue when the following four criteria have been met: · Persuasive evidence that a business relationship exists · Delivery has occurred · The price is fixed and determinable · Collectibility is reasonably assured The Company primarily recognizes revenue from sale of software licenses and related development services. Software licensing and development revenue is recognized as invoiced and over the course of the applicable agreements. In the event projects have multiple project milestones, revenue is recognized as milestones are achieved and invoices are submitted for payment. The Company may also be merchant of record for merchant transactions processed on the DigitalTown platform. When this happens, revenue is recognized on the date of the transaction. The Company has experience in merchant transaction fraud mitigation. To the extent chargebacks become material, the Company will implement a formal practice for allowance for doubtful accounts. Fair Value of Financial Instruments Under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under U.S. GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value. As of May 31, 2018 and February 28, 2018, the Company does not have any financial instruments that must be measured under the fair value standard. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect the Company’s assumptions about the assumptions that market participants would use in pricing the asset or liability. There were no transfers of financial assets or liabilities between Level 1 and Level 2 inputs during the first quarter of fiscal 2019 or the fiscal year 2018. Cash Equivalents The Company considers all highly liquid investments with original maturity of three months or less when purchased to be cash equivalents. As of May 31, 2018 and February 28, 2018, the Company had no cash equivalents. Cash Deposits in Excess of Federally Insured Limits The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Accounts are insured by the Federal Deposit Insurance Company and currently have insurance coverage up to $250,000. At May 31, 2018 and February 28, 2018, the Company did not have any deposit accounts in excess of federally insured limits. Prepaid Domain Names The annual domain name renewal fees are currently capitalized in the period of renewal then amortized over one year. Only the purchase of new domain names is capitalized. See Note 5 for further information. Property and Equipment Property and equipment are stated at cost and depreciated on a straight-line basis over their estimated useful lives, ranging from three to five years. Leasehold improvements are amortized over the shorter of the useful life or the term of the related lease. The Company recorded $1,842 and $1,300 of depreciation expense for first quarters of fiscal years 2019 and 2018, respectively. Repairs and maintenance costs are expensed as incurred; major renewals and improvements are capitalized. As items of property or equipment are sold or retired, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is included in operating income. See Note 4 for further information. Income Taxes Deferred tax assets (net of any valuation allowance) and liabilities resulting from temporary differences, net operating loss carryforwards and tax credit carryforwards are recorded using an asset-and-liability method. Deferred taxes relating to temporary differences and loss carryforwards are measured using the tax rate expected to be in effect when they are reversed or are realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be ultimately realized. The Company has recorded a full valuation allowance against the net deferred tax asset due to the uncertainty of realizing the related future benefits. The Company accounts for income taxes pursuant to FASB guidance. This guidance prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company believes its income tax filing positions and deductions will be sustained upon examination and, accordingly, no reserves or related accruals for interest and penalties have been recorded at May 31, 2018 or February 28, 2018. In accordance with the FASB guidance, the Company has adopted a policy under which, if required to be recognized in the future, interest related to the underpayment of income taxes will be classified as a component of interest expense and any related penalties will be classified in operating expenses in the statements of operations. The Company has three open years of tax returns subject to examination. Stock-Based Compensation, Including Options and Warrants Use of equity for compensation is a material part of the Company’s near-term strategy. The Company recognizes the cost of stock-based compensation plans and awards in operations on a straight-line basis over the respective vesting period of the awards. The Company measures and recognizes compensation expense for all stock-based payment awards made to employees, directors, consultants and advisors. The compensation expense for the Company’s stock-based payments is based on estimated fair values at the time of the grant. The Company estimates the fair value of stock-based payment awards on the date of grant using the Black-Scholes option pricing model. This option pricing model involves a number of assumptions, including the expected lives of stock options, the volatility of the public market price for the Company’s common stock and interest rates. Stock-based compensation expense recognized during the period is based on the value of the portion of stock-based payment awards that are ultimately expected to vest. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Accounting Standards Codification 606 (“ASC 606”)). ASU No. 2014-09 provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract and estimating the amount of variable consideration to include in the transaction price attributable to each separate performance obligation. Subsequent to the initial standards, the FASB has also issued several ASUs to clarify specific revenue recognition topics. This guidance will be effective for the Company for its fiscal year 2019. The Company will adopt using the modified retrospective approach to initially apply the update and recognize the remaining contract value at the date of application. The Company does not expect the adoption of ASU 2014-09 to have any impact on its total cash flows from operating, investing or financing activities. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment, which removes the second step of the two-step goodwill impairment test. Under ASU 2017-04, an entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. ASU 2017-04 does not amend the optional qualitative assessment of goodwill impairment. Additionally, an entity should consider income tax effects from any tax-deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. ASU 2017-04 is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019; early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company has not elected early adoption of this standard and is currently in the process of evaluating the impact of adopting ASU 2017-04 and cannot currently estimate the financial statement impact of adoption. In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting.” The amendments in this update provide guidance about which changes to the terms or conditions of a share-based award require an entity to apply modification accounting in Topic 718. The guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company does not expect this ASU to materially impact the Company’s consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, ”Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. The Company believes there are no other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.	Nature of Business The Company was founded in 1982 under the laws of the State of Minnesota as Command Small Computer Learning Center, Inc., a computer training company and operated under several different names in the computer hardware and training sector. In 2005, the Company began acquiring domain names. On March 1, 2007, the Company changed its name to DigitalTown, Inc. and began developing a business plan to develop a platform to monetize their domain names. DigitalTown currently provides turn-key hosted solutions to power a comprehensive platform for government entities, citizens and merchants. The easy to use platform helps city officials and local merchants manage a feature-rich Smart City for web and mobile devices and provides residents and visitors with access to Content, Community and Commerce. The Company’s headquarters are located in Bellevue, WA. The Company’s common stock is traded on the OTC Markets under the ticker symbol of DGTW. The Company’s consolidated financial statements have been prepared using U.S. GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has a working capital deficit, recurring losses, and negative cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty. At February 28, 2018, the Company had an accumulated deficit of $48,593,820. The Company anticipates that growth from its operations, expected future proceeds from additional financing through the sale of its common stock or other equity-based securities, and additional sales and/or leases of existing domain names will be sufficient to meet its working capital and capital expenditure needs through at least February 28, 2019. In the event that the Company is unable to obtain additional capital in the future, the Company would reduce operating expenses or cease operations altogether. Principles of Consolidation The consolidated financial statements include the accounts of DigitalTown, Inc. and its wholly-owned subsidiaries and have been prepared by the Company in United States (U.S.) dollars and in accordance with accounting principles generally accepted in the United States, or GAAP. All material intercompany accounts and transactions have been eliminated in consolidation. Reclassifications Certain prior period amounts in the consolidated statement of cash flows have been reclassified to conform to the current period presentation. Proceeds from related party notes payable received in the prior period have been reclassified from the prior period classification. These reclassifications had no impact on previously reported net income or accumulated deficit for any year. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates. Accounts Receivable Accounts receivable arise from the software licensing of our Rezserve subsidiary. The Company evaluates collectability of accounts receivable based on a combination of factors including the age of the receivable or a specific customer’s inability to meet its financial conditions. In these circumstances, the Company records an allowance to reduce the receivable to an amount it deems collectible. The Company has recorded an allowance for doubtful accounts as of February 28, 2018 and February 28, 2017 of $5,456 and $23,219, respectively. During fiscal 2017, the Company recorded $114,829 of bad debt expense due mostly to new customers from the Rezserve acquisition. Goodwill and Intangible Assets Goodwill represents the excess of purchase price over the fair value of net tangible and identifiable intangible assets related to completed acquisitions. Goodwill has an indefinite life and is not amortized but instead tested for impairment annually, or more frequently if necessary. Intangible assets are recorded at fair value and are comprised of amounts assigned to acquisition-related items, such as trade names, customer lists, non-compete agreements and intellectual property/technology. Intangible assets are considered either definite or indefinite lived assets. Definite lived intangible assets are amortized on a straight-line basis over their useful lives. Certain intangible assets may have an indefinite life and are not amortized, but rather evaluated for impairment annually. We evaluate any goodwill and intangible assets for an impairment on an annual basis each fiscal year end. We also evaluate goodwill and intangible assets for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the goodwill and intangible assets below the carrying amounts. Based upon our review and analysis, we deemed all of the goodwill and intangible assets acquired in fiscal 2018 as fully impaired. Accordingly, we recognized an impairment expense of $1,721,760. In fiscal 2017, recognized an impairment expense of $1,725,009. Revenue Recognition Effective March 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the commercial sales of products, licensing agreements and contracts to perform pilot studies by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured. There was no impact on the Company’s financial statements as a result of adopting Topic 606 for the twelve months ended February 28, 2018 and 2017. The Company recognizes revenue when the following four criteria have been met: · Persuasive evidence that a business relationship exists · Delivery has occurred · The price is fixed and determinable · Collectibility is reasonably assured The Company primarily recognizes revenue from sale of software licenses and related development services. Software licensing and development revenue is recognized as invoiced and over the course of the applicable agreements. In the event projects have multiple project milestones, revenue is recognized as milestones are achieved and invoices are submitted for payment. The Company may also be merchant of record for merchant transactions processed on the DigitalTown platform. When this happens, revenue is recognized on the date of the transaction. The Company has experience in merchant transaction fraud mitigation. To the extent chargebacks become material, the Company will implement a formal practice for allowance for doubtful accounts. The Company recognizes revenue from the sale of display advertising appearing on specific pages of individual sites within DigitalTown’s network platform. Display advertising is sold by the Company directly to local merchants and placed by the Company on specific pages of individual sites targeted by the local merchant. The terms of these sales are either for a fixed monthly amount for a period ranging from three months to one year or variable based on a percentage of the per click or per-impression revenue generated by these ads. Fair Value of Financial Instruments Under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under U.S. GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value. As of February 28, 2018, and February 28, 2017, the Company does not have any financial instruments that must be measured under the fair value standard. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect the Company’s assumptions about the assumptions that market participants would use in pricing the asset or liability. There were no transfers of financial assets or liabilities between Level 1 and Level 2 inputs during fiscal 2018 or fiscal 2017. Cash Equivalents The Company considers all highly liquid investments with original maturity of three months or less when purchased to be cash equivalents. As of February 28, 2018, and February 28, 2017, the Company had no cash equivalents. Cash Deposits in Excess of Federally Insured Limits The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Accounts are insured by the Federal Deposit Insurance Company and currently have insurance coverage up to $250,000. At February 28, 2018, the Company had no uninsured cash balances. At February 28, 2017, the Company had one bank deposit account in excess of federally insured limits. Prepaid Domain Names The annual domain name renewal fees are currently capitalized in the period of renewal then amortized over one year. Only the purchase of new domain names are capitalized. See Note 4 for further information. Property and Equipment Property and equipment are stated at cost and depreciated on a straight-line basis over their estimated useful lives, ranging from three to five years. The Company recorded $6,022 and $2,782 of depreciation expense for fiscal years 2018 and 2017, respectively. Repairs and maintenance costs are expensed as incurred; major renewals and improvements are capitalized. As items of property or equipment are sold or retired, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is included in operating income. See Note 3 for further information. Income Taxes Deferred tax assets (net of any valuation allowance) and liabilities resulting from temporary differences, net operating loss carryforwards and tax credit carryforwards are recorded using an asset-and-liability method. Deferred taxes relating to temporary differences and loss carryforwards are measured using the tax rate expected to be in effect when they are reversed or are realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be ultimately realized. The Company has recorded a full valuation allowance against the net deferred tax asset due to the uncertainty of realizing the related future benefits. The Company accounts for income taxes pursuant to FASB guidance. This guidance prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company believes its income tax filing positions and deductions will be sustained upon examination and, accordingly, no reserves or related accruals for interest and penalties have been recorded at February 28, 2018 or February 28, 2017. In accordance with the FASB guidance, the Company has adopted a policy under which, if required to be recognized in the future, interest related to the underpayment of income taxes will be classified as a component of interest expense and any related penalties will be classified in operating expenses in the statements of operations. The Company has three open years of tax returns subject to examination. Stock-Based Compensation, Including Options and Warrants Use of equity for compensation is a material part of the Company’s near-term strategy. The Company recognizes the cost of stock-based compensation plans and awards in operations on a straight-line basis over the respective vesting period of the awards. The Company measures and recognizes compensation expense for all stock-based payment awards made to employees, directors, consultants and advisors. The compensation expense for the Company's stock-based payments is based on estimated fair values at the time of the grant. The Company estimates the fair value of stock-based payment awards on the date of grant using the Black-Scholes option pricing model. This option pricing model involves a number of assumptions, including the expected lives of stock options, the volatility of the public market price for the Company's common stock and interest rates. Stock-based compensation expense recognized during the period is based on the value of the portion of stock-based payment awards that are ultimately expected to vest. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Accounting Standards Codification 606 (“ASC 606”)). ASU No. 2014-09 provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract and estimating the amount of variable consideration to include in the transaction price attributable to each separate performance obligation. Subsequent to the initial standards, the FASB has also issued several ASUs to clarify specific revenue recognition topics. This guidance will be effective for the Company for its fiscal year 2019. The Company will adopt using the modified retrospective approach to initially apply the update and recognize the remaining contract value at the date of application. The Company does not expect the adoption of ASU 2014-09 to have any impact on its total cash flows from operating, investing or financing activities. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment, which removes the second step of the two-step goodwill impairment test. Under ASU 2017-04, an entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. ASU 2017-04 does not amend the optional qualitative assessment of goodwill impairment. Additionally, an entity should consider income tax effects from any tax-deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. ASU 2017-04 is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019; early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company has not elected early adoption of this standard and is currently in the process of evaluating the impact of adopting ASU 2017-04 and cannot currently estimate the financial statement impact of adoption. 65279; In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting.” The amendments in this update provide guidance about which changes to the terms or conditions of a share-based award require an entity to apply modification accounting in Topic 718. The guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company does not expect this ASU to materially impact the Company’s consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. The Company believes there are no other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Going Concern

Going Concern	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 2. Going Concern	The Company’s consolidated financial statements have been prepared using U.S. GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has a working capital deficit, recurring losses, and negative cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments related to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty. At May 31, 2018, the Company had an accumulated deficit of $51,142,038. The Company anticipates growth from its operations, expected future proceeds from additional financing through the sale of its common stock or other equity-based securities, and additional sales and/or leases of existing domain names will be sufficient to meet its working capital and capital expenditure needs through at least May 31, 2018. In the event that the Company is unable to obtain additional capital in the future, the Company would further reduce expenses or cease operations altogether.	The Company’s consolidated financial statements have been prepared using U.S. GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has a working capital deficit, recurring losses, and negative cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments related to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty. At February 28, 2018 the Company had an accumulated deficit of $48,885,896. The Company anticipates growth from its operations, expected future proceeds from additional financing through the sale of its common stock or other equity-based securities, and additional sales and/or leases of existing domain names will be sufficient to meet its working capital and capital expenditure needs through at least February 28, 2019. In the event that the Company is unable to obtain additional capital in the future, the Company would further reduce expenses or cease operations altogether.

Property and Equipment

Property and Equipment	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 3. Property and Equipment	Property and equipment are as follows: May 31, February 28, 2018 2018 Office equipment and furniture 42,745 43,088 Less accumulated depreciation (22,272 ) (20,655 ) Property and equipment, net 20,473 22,433 Depreciation expense for the first quarter of fiscal years 2019 and 2018 was $1,842 and $1,300, respectively.	Property and equipment are as follows: February 28, February 28, 2018 2017 Office equipment and furniture $ 43,088 $ 528,034 Less accumulated depreciation (20,655 ) (526,222 ) Property and equipment, net $ 22,433 $ 1,812 Depreciation expense for fiscal years 2018 and 2017 was $6,022 and $2,782, respectively.

Prepaid Domain Names

Prepaid Domain Names	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 4. Prepaid Domain Names	During the first quarters of fiscal years 2018 and 2017, the Company incurred $19,001 and $81,702, respectively, of annual domain name renewal fees, specifically related to .CITY registrations. These amounts were recorded as prepaid domain name renewal fees, and are then amortized over one year on a straight-line basis. During the first quarters of fiscal years 2019 and 2018, the Company recognized $54,574 and $59,053 of expense as cost of revenues related to this amortization. As of May 31, 2018, and February 28, 2018, the Company has $42,451 and $77,977, respectively, of remaining prepaid domain name renewal fees recorded on the balance sheet. See Note 9 for information on Related Party activity within Prepaid Domain Names.	During the fiscal years 2018 and 2017, the Company incurred $214,304 and $165,573, respectively, of annual domain name renewal fees, which range between $1.75 and $129.00 per domain name. These amounts were recorded as prepaid domain name renewal fees, and are then amortized over one year on a straight-line basis. During fiscal years 2018 and 2017, the Company recognized $136,328 and $82,370 of expense as cost of revenues related to this amortization. As of February 28, 2018 and February 28, 2017, the Company has $77,977 and $105,775, respectively, of remaining prepaid domain name renewal fees recorded on the balance sheet. See Note 8 for information on Related Party activity within Prepaid Domain Names.

Accrued Expenses and Deferred R

Accrued Expenses and Deferred Revenue	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 5. Accrued Expenses and Deferred Revenue	Accrued Expenses On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company at February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 had been accrued as payable to Mr. Pomije. During the quarter ending May 31, 2018, $10,910 was paid to Mr. Richard Pomije. As at May 31, 2018, $542,066 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal. See Note 16 for additional information about transactions between the Company and its former officer. Deferred Revenue During fiscal 2017, the Company signed three customer agreements to perform digital support and construction services for three third party companies. Each customer agreement consists of milestones and completion metrics to ensure that the requested services have been performed satisfactorily and to the customers’ full expectations. As the services requested by the customers have not yet been completed, the total of $170,000 has been recorded as deferred revenue as of February 28, 2018 and May 31, 2018. Domain Marketing Development Obligation During fiscal 2018, the Company signed top-level domain marketing development fund agreements with owners of 13 top level domains whereby the Company markets and purchases domain names on behalf of the owners. The owner pays us an upfront deposit to be used to purchase a predefined number of domains based on a set schedule. As of May 31, 2018 and February 28, 2018, the Company has collected $46,963 and $930,556 in cash related to these contracts. As some of the services requested by the owners have not yet been completed, a total of $192,869 and $145,906 has been recorded as domain marketing development obligation as of May 31, 2018, and February 28, 2018, respectively.	Accrued Expenses On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company at February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal. See Note 15 for additional information about transactions between the Company and its former officer. See Note 15 for additional information about transactions between the Company and its former officer. As of February 28, 2017, the accrued salary owed to Robert Monster, CEO was $20,000. Deferred Revenue During fiscal 2017, the Company signed three customer agreements to perform digital support and construction services for three third party companies. Each customer agreement consists of milestones and completion metrics to ensure that the requested services have been performed satisfactorily and to the customers' full expectations. As the services requested by the customers have not yet been completed, the total of $170,000 has been recorded as deferred revenue as of February 28, 2018. Domain Marketing Development Obligation During fiscal 2018, the Company signed top-level domain marketing development fund agreements with owners of 13 top level domains whereby the Company markets and purchases domain names on behalf of the owners. The owner pays us an upfront deposit to be used to purchase a predefined number of domains based on a set schedule. As of February 28, 2018 and February 28, 2017, the Company has collected $930,556 and $0 in cash related to these contracts. As some of the services requested by the owners have not yet been completed, a total of $145,906 and $0 has been recorded as domain marketing development obligation as of February 28, 2018, and February 28, 2017, respectively.

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 6. Stockholders' Equity (Deficit)	The Company’s primary means of generating operating capital and completing acquisitions has been through the use of issuing common stock. Fiscal 2019 Stock Transactions During the first quarter of fiscal 2019, the Company issued 26,774,352 shares of stock to various investors for stock payable of $1,828,200, cash of $566,950 and digital currencies of $1,659.000. During the first quarter of fiscal 2019, the Company issued 3,322,372 shares to consultants and employees for services provided to the Company. During the first quarter of fiscal 2019, $436,406 was expensed related to these shares. On May 9, 2018, the Company converted the $500,000 convertible note with Darvin Habben, Chairman, along with accrued and unpaid interest of $38,027.40, to 5,380,274 shares of its common stock, fully extinguishing this note. The issuance had no gain or less as the value of the shares issued equalled the debt converted. On May 9, 2018, the Company converted the $150,000 convertible note with Darvin Habben, Chairman, to 1,5000,000 shares of its common stock, fully extinguishing this note. The issuance had no gain or less as the value of the shares issued equalled the debt converted. On May 9, 2018, the Company converted the $100,000 promissory note with Derek Schumann, Director, to 1,000,000 shares of its common stock, fully extinguishing this note. The issuance had no gain or less as the value of the shares issued equalled the debt converted. On May 9, 2018, the Company converted the $100,000 promissory note with Greg Foss, Director, to 1,000,000 shares of its common stock, fully extinguishing this note. The issuance had no gain or less as the value of the shares issued equalled the debt converted. On May 9, 2018, the Company converted the $100,000 promissory note with Donovan, to 1,000,000 shares of its common stock, fully extinguishing this note. The issuance had no gain or less as the value of the shares issued equalled the debt converted. On May 16, 2018, PowerUp Lending Group Ltd. converted $75,000 of the principal amount, plus $4,500 in accrued and unpaid interest, of the October 30, 2017 note into 1,277,498 shares of the Company’s common stock, fully extinguishing this note. There was no gain or loss due to the conversion within the terms of the note. During the first quarter of fiscal 2019, the Company sold 2 domains valued at $3,000 to one of the Company’s shareholders in exchange for 15,000 shares, which were returned to treasury. Fiscal 2018 Stock Transactions During fiscal 2018, the Company issued 14,857,715 shares of stock to various investors for stock payable of $2,559,061 and cash of $1,662,732. During fiscal 2018, a Director exercised one of his stock options for 200,000 shares of stock for cash of $20,000. During fiscal 2018, the Company issued 8,512,776 shares and recorded a stock payable of $521,792 to consultants and employees for services provided to the Company. During fiscal 2018, $1,763,168 was expensed related to these shares. During fiscal 2018, various contractors and employees converted an aggregate of $124,996 of their expenses to stock payable of the Company’s common stock, based on a conversion rate of $0.10 per share. The stock value on the conversion date was $0.23, resulting in a loss on conversion of $316,526. At February 28, 2018, the stock payable for these conversions is $276,769. On May 18, 2016, the Company granted 9,042,250 common shares to Robert Monster, CEO, in accordance with his employment agreement dated May 18, 2016, which vest monthly over the new employment agreement period which ends on May 18, 2018, a period of two years. The shares were valued based on the employment agreement date. During fiscal year 2018, $1,191,349 was expensed related to these shares. 6,799,361 shares were issued on February 8, 2018, and 2,130,500 shares were issued on May 31, 2018. During fiscal 2018, the Company signed employment agreements with three members of senior management, all of which are still active. All employment agreements were for a period of approximately 6 to 24 months. Included in the employment agreements were common stock grants of 120,000 to 1,025,000 shares which vest over a period of 6 to 24 months. A total of 1,585,000 shares were granted for the three employment agreements. During fiscal 2018, $165,436 was expensed related to these agreements. On July 1, 2017, the Company closed on an agreement and plan of share exchange and acquired Comencia, a related party Company, which was partly owned by an officer of the Company. The Company granted 2,500,000 shares of its common stock to the existing owners of Comencia, Inc. The closing price of the Company’s common stock on the acquisition date was $0.30 per share, therefore, the fair value of common stock issued was $750,000. On October 27, 2017, the Company closed on an asset purchase agreement for the acquisition of CityInformation. CityInformation, based in Amsterdam (Netherlands), develops and operates mobile apps for cities and towns worldwide. The Company granted 2,833,333 shares of its common stock to the existing owners of CityInformation. The closing price of the Company’s common stock on the acquisition date was $0.29 per share, therefore, the fair value of common stock issued was $821,667. The stock was issued in November 2017. On December 7, 2017, the Company closed on an asset purchase agreement for the acquisition of Congo Ltd. (Congo). Congo, based in Houston, TX, owns and operates a web-based platform offering; a portal connecting attorneys to prospective clients through a marketplace setting; a software-as-a-service (SaaS) subscription, selling web features to attorneys for their use on their respective law firm websites, and; the creation of customized online directories. The Company granted 3,000,000 shares of its common stock to the existing owners of Congo. The closing price of the Company’s common stock on the acquisition date was $0.28 per share, therefore, the fair value of common stock issued was $840,000. The stock was issued in February 2018. Stock Warrants The Company has regularly used warrants as a tool to attract and compensate advisors and directors of the board rather than to use cash. The Company feels this is an appropriate way to conserve cash and to incentivize its board of directors, advisors and consultants. As of May 31, 2018, the Company had 9,044,740 warrants outstanding with an average exercise price of $0.13. The warrants expire between one and ten years from the date of issuance and have a weighted average remaining exercise period as of May 31, 2018 of 5.92 years. The Company did not issue any warrants during the first quarter of fiscal 2019. During fiscal 2018, the Company issued an aggregate of 6,694,740 warrants to various investors, consultants and employees to purchase shares of the Company’s common stock at $0.10. All warrants vested immediately at the date of issuance. 4,000,000 warrants are exercisable through 2027. 30,000 warrants are exercisable through 2026. 2,964,740 warrants are exercisable through February 2019. The total estimated value using the Black-Scholes Model, based on a volatility rate between 153% and 263% and a call option value of $0.10 was $1,340,175. The Company utilized the following key assumptions in computing the fair value of the warrants using the Black-Scholes pricing model: July 20, July 27, February 6, February 15, February 16, 2017 2017 2018 2018 2018 Weighted-average volatility 263 % 263 % 157 % 153 % 158 % Expected dividends None None None None None Expected term (in years) 10.00 10.00 1.00 1.00 1.00 Weighted-average risk-free interest rate 1.17 % 1.16 % 2.00 % 1.99 % 2.00 % Weighted-average fair value of warrants granted $ 0.20 $ 0.27 $ 0.15 $ 0.14 $ 0.17 The following table summarizes information about the Company’s stock warrant activity during the fiscal years 2018 and 2017: Number of Warrants Outstanding - February 28, 2017 4,480,000 Granted 6,944,740 Canceled or expired (2,430,000 ) Outstanding - February 28, 2018 9,044,740 Granted - Canceled or expired - Outstanding - May 31, 2018 9,044,740 Exercisable at May 31, 2018 9,044,740 The following table summarizes information about stock warrants outstanding as of May 31, 2018: Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $ 0.10 7,394,740 5.67 $ 0.10 7,394,740 $ 0.10 $ 0.15 300,000 6.85 $ 0.15 300,000 $ 0.15 $ 0.25 850,000 6.93 $ 0.25 850,000 $ 0.25 $ 0.30 500,000 7.28 $ 0.30 500,000 $ 0.30 $ 0.10 - $0.30 9,044,740 5.92 $ 0.13 9,044,740 $ 0.13 The Company recorded stock-based compensation expense of $0 and $0 for all outstanding stock warrants for fiscal quarters 2019 and 2018, respectively. This expense is included in stock-based compensation expense.	The Company’s primary means of generating operating capital and completing acquisitions has been through the use of issuing common stock. Fiscal 2018 Stock Transactions During fiscal 2018, the Company issued 14,857,715 shares of stock to various investors for stock payable of $2,559,061 and cash of $1,662,732. During fiscal 2018, a Director exercised one of his stock options for 200,000 shares of stock for cash of $20,000. During fiscal 2018, the Company issued 8,512,776 shares and recorded a stock payable of $521,792 to consultants and employees for services provided to the Company. During fiscal 2018, $1,763,168 was expensed related to these shares. During fiscal 2018, various contractors and employees converted an aggregate of $124,996 of their expenses to stock payable of the Company’s common stock, based on a conversion rate of $0.10 per share. The stock value on the conversion date was $0.23, resulting in a loss on conversion of $316,526. At February 28, 2018, the stock payable for these conversions is $276,769. On May 18, 2016, the Company granted 9,042,250 common shares to Robert Monster, CEO, in accordance with his employment agreement dated May 18, 2016, which vest monthly over the new employment agreement period which ends on May 18, 2018, a period of two years. The shares were valued based on the employment agreement date. During fiscal year 2018, $1,191,349 was expensed related to these shares. 6,799,361 shares were issued on February 8, 2018, and 2,130,500 shares were issued on May 31, 2018. During fiscal 2018, the Company signed employment agreements with three members of senior management, all of which are still active. All employment agreements were for a period of approximately 6 to 24 months. Included in the employment agreements were common stock grants of 120,000 to 1,025,000 shares which vest over a period of 6 to 24 months. A total of 1,585,000 shares were granted for the three employment agreements. During fiscal 2018, $165,436 was expensed related to these agreements. During fiscal 2018, the Company granted 8,512,776 shares of stock to various contractors and employees. The shares vest over a period of 6 to 24 months. The shares were valued based on the grant date. During fiscal 2018, $1,763,168 was expensed related to these shares. On July 1, 2017, the Company closed on an agreement and plan of share exchange and acquired Comencia, a related party Company, which was partly owned by an officer of the Company. The Company granted 2,500,000 shares of its common stock to the existing owners of Comencia, Inc. The closing price of the Company’s common stock on the acquisition date was $0.30 per share, therefore, the fair value of common stock issued was $750,000. On October 27, 2017, the Company closed on an asset purchase agreement for the acquisition of CityInformation. CityInformation, based in Amsterdam (Netherlands), develops and operates mobile apps for cities and towns worldwide. The Company granted 2,833,333 shares of its common stock to the existing owners of CityInformation. The closing price of the Company’s common stock on the acquisition date was $0.29 per share, therefore, the fair value of common stock issued was $821,667. The stock was issued in November 2017. On December 7, 2017, the Company closed on an asset purchase agreement for the acquisition of Congo Ltd. (Congo). Congo, based in Houston, TX, owns and operates a web-based platform offering; a portal connecting attorneys to prospective clients through a marketplace setting; a software-as-a-service (SaaS) subscription, selling web features to attorneys for their use on their respective law firm websites, and; the creation of customized online directories. The Company granted 3,000,000 shares of its common stock to the existing owners of Congo. The closing price of the Company’s common stock on the acquisition date was $0.28 per share, therefore, the fair value of common stock issued was $840,000. The stock was issued in February 2018. Fiscal 2017 Stock Transactions During fiscal 2017, the Company issued 6,999,707 shares of stock to various investors and accrued $800,500 of stock payable for cash of $2,377,950. Included in the above, are an aggregate of 435,000 shares which were sold to the Company’s chairman and a related party investor at terms below the market price and share prices available other investors at the time of the sales. As a result, the Company recorded additional stock compensation expense of $30,450 to additional paid in capital to account for the preferential common share pricing. During fiscal 2017, the Company granted 1,600,812 shares of stock to various contractors and employees. The shares vest over a period of 6 to 24 months. The shares were valued based on grant date. During fiscal 2017, $503,710 was expensed related to these shares. During fiscal 2017, the Company issued 775,000 shares and recorded a stock payable of $845,600 to directors and consultants for services provided to the Company. The value of the shares issued was $1,217,600 based on the fair market value of the common stock on the date of grant. During fiscal 2017, the Company entered into agreements to purchase domain name rights with three individuals. In exchange for the domain name rights, the Company issued 369,750 common shares and paid $46,500 in cash. The total fair value of the shares was $154,740 based on the respective domain name purchase agreements date and the closing market price on that date. On September 14, 2016, the Company closed on a Stock Purchase Agreement for 100% of Rezserve Technologies, Ltd. (Rezserve), a company based in Vancouver, British Columbia. Pursuant to the agreement, the Company purchased all of the issued and outstanding stock of Rezserve in consideration for an aggregate of $1,480,000, of which 3,000,000 shares of stock were paid at the closing and $400,000 was a secured convertible note payable to Rezserve’s founder Clint Skidmore. The stock had a value of $1,080,000 at the closing date. The terms of the note include interest at 0% per annum. Principal is due and payable within one year of September 13, 2016. The Company imputed interest expense of $19,040 related to the convertible note payable – related party as an increase in additional paid in capital during fiscal 2017. In addition, the Company recorded $1,868 of foreign currency translation loss during fiscal 2017 which was reflected as accumulated other comprehensive loss. See Note 13 for additional information on this acquisition. On December 1, 2016, the Company acquired all of the assets of Appointment.com. The purchase price pursuant to an asset purchase agreement was 1,625,000 shares. The value of the stock of $731,250 is included as a stock payable as of February 28, 2017. See Note 13 for additional information on this acquisition. On May 18, 2016, the Company granted 9,042,250 common shares to Robert Monster, CEO, in accordance with his employment agreement dated May 18, 2016, which vest monthly over the new employment agreement period which ends on May 18, 2018, a period of two years. The shares were valued based on the employment agreement date. During fiscal year 2017, $812,912 was expensed related to these shares. During fiscal 2017, the Company signed employment agreements with four members of senior management, three of which are still active. All employment agreements were for a period of approximately 12 months, however in one case there is no end date but can be terminated by either party. Included in the employment agreements were common stock grants of 250,000 to 1,000,000 shares which vest over a period of 12 to 48 months. A total of 2,220,000 shares were granted for the four employment agreements. During fiscal 2017, $154,921 was expensed related to these agreements. During fiscal 2017, the Company granted 495,000 shares of stock to four advisors and employees. The shares vest over a period of 24 months. The shares were valued based on the grant date. During fiscal year 2017, $44,508 was expensed related to these shares. On March 5, 2016, the Company acquired all of the assembled workforce, patents, intellectual property, technology, trademarks, trade names, copyrights, mask works and registrations, computer software, trade secrets and non-compete agreements related to the Cloud.Market business, pursuant to an agreement among the Company and the owner of Cloud.Market. The purchase price paid included issuance of 750,000 shares of our common stock and $7,500 of cash. The stock had a value of $60,000 at the closing date and was transferred on that date from common stock held in escrow to additional paid-in capital for that amount. See Note 13 for more information. Stock Warrants The Company has regularly used warrants as a tool to attract and compensate advisors and directors of the board rather than to use cash. The Company feels this is an appropriate way to conserve cash and to incentivize its board of directors, advisors and consultants. As of February 28, 2018, the Company had 9,044,740 warrants outstanding with an average exercise price of $0.13. The warrants expire between one and ten years from the date of issuance and have a weighted average remaining exercise period as of February 28, 2018 of 6.17 years. During fiscal 2018, the Company issued an aggregate of 6,694,740 warrants to various investors, consultants and employees to purchase shares of the Company’s common stock at $0.10. All warrants vested immediately at the date of issuance. 4,000,000 warrants are exercisable through 2027. 30,000 warrants are exercisable through 2026. 2,964,740 warrants are exercisable through February 2019. The total estimated value using the Black-Scholes Model, based on a volatility rate between 153% and 263% and a call option value of $0.10 was $1,340,175. As of February 28, 2017, the Company had 4,660,000 warrants outstanding with an average exercise price of $0.14. The warrants expire between one and ten years from the date of issuance and have a weighted average remaining exercise period as of February 28, 2017 of 4.15 years. During fiscal 2017, the Company issued an aggregate of 150,000 warrants to 3 consultants to purchase shares of the Company’s common stock at prices which ranged from $0.10 to $0.30. All warrants vested immediately at the date of issuance and are exercisable through 2026. The total estimated value using the Black-Scholes Model, based on a volatility rate of 180% and a call option value of $0.0797, was $11,948. The Company utilized the following key assumptions in computing the fair value of the warrants using the Black-Scholes pricing model: July 20, July 27, February 6, February 15, February 16, 2017 2017 2018 2018 2018 Weighted-average volatility 263 % 263 % 157 % 153 % 158 % Expected dividends None None None None None Expected term (in years) 10.00 10.00 1.00 1.00 1.00 Weighted-average risk-free interest rate 1.17 % 1.16 % 2.00 % 1.99 % 2.00 % Weighted-average fair value of warrants granted $ 0.20 $ 0.27 $ 0.15 $ 0.14 $ 0.17 The following table summarizes information about the Company’s stock warrant activity during the fiscal years 2018 and 2017: Number of Warrants Outstanding - February 28, 2016 2,050,000 Granted 2,430,000 Canceled or expired - Outstanding - February 28, 2017 4,480,000 Granted 6,994,740 Canceled or expired (2,430,000 ) Outstanding - February 28, 2018 9,044,740 Exercisable at February 28, 2018 9,044,740 The following table summarizes information about stock warrants outstanding as of February 28, 2018: Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $0.10 7,394,740 5.92 $ 0.10 7,394,740 $ 0.10 $0.15 300,000 7.10 $ 0.15 300,000 $ 0.15 $0.25 850,000 7.19 $ 0.25 850,000 $ 0.25 $0.30 500,000 7.54 $ 0.30 500,000 $ 0.30 $0.10 - $0.30 9,044,740 6.17 $ 0.13 9,044,740 $ 0.13 The Company recorded stock-based compensation expense of $0 and $11,948 for all outstanding stock warrants for fiscal years 2018 and 2017, respectively. This expense is included in stock-based compensation expense.

Stock Options

Stock Options	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 7. Stock Options	The Company has one stock option plan called The 2006 Employee Stock and Option Plan (the “2006 Plan”), which has reserved 5,000,000 shares of our common stock for issuance. The types of awards that could be granted under the 2006 Plan include incentive and non-qualified options to purchase shares of common stock, stock appreciation rights, restricted shares, restricted share units, performance awards and other types of stock-based awards. All grants are determined and approved by the Board of Directors. Through February 28, 2018, the Company has only granted non-qualified stock options under the 2006 Plan. The stock options may be granted to officers and employees of the Company. Options granted under the 2006 Plan have exercise prices and vesting terms approved by the Board of Directors at the time of each grant. Vesting terms of the outstanding options range from immediate to four years from the date of grant. The exercise period of the options range from five to ten years from the date of grant. The Company records its stock-based compensation arrangements calculating the fair value of share-based payments, including grants of employee stock options and employee stock purchase plan shares, to be recognized in the consolidated statements of operations based on their grant date fair values. The fair value of the Company’s stock options have been estimated using the Black-Scholes pricing model, which requires assumptions as to expected dividends, the options expected life, volatility and risk-free interest rate at the time of the grant. The value of the portion of the award that is ultimately expected to vest is recognized as expense on a straight-line basis over the requisite vesting periods in the Company’s consolidated statements of operations. The Company did not issue any stock options during the first quarter of fiscal 2019. During fiscal 2018, the Company issued an aggregate of 1,035,159 stock options with a fair value of $151,627 to 1 officer, 6 employees and 2 contractors to purchase shares of the Company’s common stock at prices of $0.10. All options vested immediately and are exercisable for one year. During fiscal 2018, 1,292,310 of previously issued stock options to 1 officer expired, and 200,000 stock options previously issued to another officer were exercised for $20,000 cash. The Company utilized the following key assumptions in computing the fair value of the options using the Black-Scholes pricing model: February 16, 2018 Weighted-average volatility 153 % Expected dividends None Expected term (in years) 1.00 Weighted-average risk-free interest rate 2.00 % The Company recorded stock-based compensation expense of $0 and $164,742 for all outstanding options for fiscal quarter 2019 and fiscal year 2018, respectively. This expense is included in stock-based compensation. The following table summarizes information about the Company’s stock options as of May 31, 2018: Number of Options Weighted Average Exercise Price Outstanding - February 28, 2017 6,692,310 $ 0.16 Granted 1,035,159 $ 0.10 Canceled or expired (1,492,310 ) $ 0.14 Outstanding - February 28, 2018 6,235,159 $ 0.16 Granted - - Canceled or expired - - Outstanding - May 31, 2018 6,235,159 $ 0.16 Exercisable at May 31, 2018 6,235,159 $ 0.16 The following table summarizes information about stock options outstanding as of May 31, 2018: Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $ 0.10 4,885,159 5.62 $ 0.10 4,885,159 $ 0.10 $ 0.15 200,000 7.52 $ 0.15 200,000 $ 0.15 $ 0.30 700,000 7.17 $ 0.30 700,000 $ 0.30 $ 0.54 375,000 5.68 $ 0.54 375,000 $ 0.54 $ 1.00 75,000 3.36 $ 1.00 75,000 $ 1.00 $ 0.10 - $1.00 6,235,159 5.83 $ 0.16 6,235,159 $ 0.16	The Company has one stock option plan called The 2006 Employee Stock and Option Plan (the “2006 Plan”), which has reserved 5,000,000 shares of our common stock for issuance. The types of awards that could be granted under the 2006 Plan include incentive and non-qualified options to purchase shares of common stock, stock appreciation rights, restricted shares, restricted share units, performance awards and other types of stock-based awards. All grants are determined and approved by the Board of Directors. Through February 28, 2018, the Company has only granted non-qualified stock options under the 2006 Plan. The stock options may be granted to officers and employees of the Company. Options granted under the 2006 Plan have exercise prices and vesting terms approved by the Board of Directors at the time of each grant. Vesting terms of the outstanding options range from immediate to four years from the date of grant. The exercise period of the options range from five to ten years from the date of grant. The Company records its stock-based compensation arrangements calculating the fair value of share-based payments, including grants of employee stock options and employee stock purchase plan shares, to be recognized in the consolidated statements of operations based on their grant date fair values. The fair value of the Company’s stock options have been estimated using the Black-Scholes pricing model, which requires assumptions as to expected dividends, the options expected life, volatility and risk-free interest rate at the time of the grant. The value of the portion of the award that is ultimately expected to vest is recognized as expense on a straight-line basis over the requisite vesting periods in the Company’s consolidated statements of operations. During fiscal 2018, the Company issued an aggregate of 1,035,159 stock options with a fair value of $151,627 to 1 officer, 6 employees and 2 contractors to purchase shares of the Company’s common stock at prices of $0.10. All options vested immediately and are exercisable for one year. During fiscal 2018, 1,292,310 of previously issued stock options to 1 officer expired, and 200,000 stock options previously issued to another officer were exercised for $20,000 cash. The Company utilized the following key assumptions in computing the fair value of the options using the Black-Scholes pricing model: February 16, 2018 Weighted-average volatility 153 % Expected dividends None Expected term (in years) 1.00 Weighted-average risk-free interest rate 2.00 % The Company recorded stock-based compensation expense of $164,742 and $0 for all outstanding options for fiscal years 2018 and 2017, respectively. This expense is included in stock-based compensation. The following table summarizes information about the Company’s stock options as of February 28, 2018 and activity during the fiscal years 2018 and 2017: Number of Options Weighted Average Exercise Price Outstanding - February 28, 2016 6,542,310 $ 0.17 Granted 150,000 $ 0.10 Canceled or expired - - Outstanding - February 28, 2017 6,692,310 $ 0.16 Granted 1,035,159 $ 0.10 Canceled or expired (1,492,310 ) $ 0.14 Outstanding - February 28, 2018 6,235,159 $ 0.16 Exercisable at February 28, 2018 6,235,159 $ 0.16 The following table summarizes information about stock options outstanding as of February 28, 2018: Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $0.10 4,885,159 5.87 $ 0.10 4,885,159 $ 0.10 $0.15 200,000 7.77 $ 0.15 200,000 $ 0.15 $0.30 700,000 7.42 $ 0.30 700,000 $ 0.30 $0.54 375,000 5.93 $ 0.54 375,000 $ 0.54 $1.00 75,000 3.62 $ 1.00 75,000 $ 1.00 $0.10 - $1.00 6,235,159 6.08 $ 0.16 6,235,159 $ 0.16

Related Party Transactions

Related Party Transactions	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 8. Related Party Transactions	Accounts Payable – Related Parties The Company owes $7,625 and $9,847 due to advances made to an employee which is included within accounts payable – related parties as of May 31, 2018 and February 28, 2018, respectively. As of May 31, 2018 and February 28, 2018, the Company owes $748,907 and $450,500, respectively, to Epik Holdings Inc. related to annual domain name renewal fees to satisfy Domain marketing development obligations. Prepaid Domain Names During the fiscal quarter 2019 and fiscal year 2018, the Company incurred $260,907 and $214,304, respectively, of annual domain name renewal fees. The amounts paid for the annual domain name renewal fees are paid directly to Epik Holdings Inc., a company which is controlled by Robert Monster, the Company’s Chief Executive Officer. Epik, then uses those funds to directly to pay Verisign and ICANN companies for the annual domain renewal costs. The costs paid to Epik are at terms similar or better than what Epik charges its other clients. Convertible Notes Payable – Related Party On September 14, 2016, subject to a stock purchase agreement, the Company signed a secured convertible note of $400,000 with Clint Skidmore, founder of Rezserve Technology Ltd (“Rezserve”). The interest free note is due and payable within one year, at which time it can be converted into up to 1,000,000 shares of the Company’s common stock at a conversion price of $0.40 per share. The Company evaluated the note and determined that as the fixed exercise price exceeded the closing market price on the note issuance date, that no beneficial conversion feature was present. On December 22, 2017, the Company formalized its agreement to extend and convert the original convertible note of $400,000 for Clint Skidmore to October 31, 2018, original founder of Rezserve Technologies Ltd. The Company has repaid $70,000 to Clint Skidmore, and converted $210,000 of the note to 1,100,000 shares of the Company’s common stock, resulting in a loss on conversion of $13,000. At May 31, 2018, the Company owes $120,000 to Clint Skidmore, bearing no interest. This note had imputed interest expense of $38,000 in fiscal 2018, and imputed interest of $3,500 in the first quarter of fiscal 2019. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the fixed conversion price and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares. On June 9, 2017, the Company signed a convertible note of $500,000 with Darvin Habben, Chairman. This note is due and payable within one year, bears interest of 8%, and can be converted into up to 2,000,000 shares of the Company’s common stock at a conversion price of $0.25 per share. The Company recorded a debt discount equal to $300,000 due to this conversion feature. The note had accrued interest of $28,932 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $191,507. The Company recorded debt discount amortization expense of $108,493 during the year ended February 28, 2018. On May 9, 2018, the Company converted the $500,000 convertible note with Darvin Habben, Chairman, along with accrued and unpaid interest of $38,027.40, to 5,380,274 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $191,507 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. Promissory Notes Payable - Related Party On July 20, 2017, the Company signed a promissory note of $100,000 with Derek Schumann, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Derek Schumann in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. On May 9, 2018, the Company converted the $100,000 promissory note with Derek Schumann, Director, to 1,000,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $69,452 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $1,917 during the quarter ended May 31, 2018. On July 20, 2017, the Company signed a promissory note of $100,000 with Greg Foss, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Greg Foss in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. On May 9, 2018, the Company converted the $100,000 promissory note with Greg Foss, Director, to 1,000,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $69,452 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $1,917 during the quarter ended May 31, 2018. On July 27, 2017, the Company signed a promissory note of $150,000 with Darvin Habben, CEO. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Darvin Habben in connection with this note, with an exercise price of $0.10, and expiry date of July 27, 2027. The Company recorded a warrant discount equal to $150,000 due to this warrant feature. On May 9, 2018, the Company converted the $150,000 promissory note with Carvin Habben, Chairman, to 1,500,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $105,616 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $2,875 during the quarter ended May 31, 2018. Sales of Common Stock During the first quarter of fiscal 2019, the Company sold an aggregate of 2,950,000 shares to five of the Company’s board members at the price of $295,000. During fiscal 2018, the Company sold an aggregate of 2,100,000 shares to two of the Company’s board members at the price of $250,000. Employment Agreements During fiscal 2018, the Company signed employment agreements with three members of senior management, all of which are still active. All employment agreements were for a period of approximately 6 to 24 months. See Note 6 for more information about these employment agreements. Directors and Officers In December 2017, all non-executive directors received a stock grant of 600,000 shares. Mr. Parsons and Mr. Mills received an additional 200,000 shares each, as recognition for completing tasks outside their director responsibilities. This resulted in a stock-based compensation expense of $956,800 in fiscal 2018. CEO Employment Agreement Share Issuance The Company expensed $60,000 in annual salary and $253,926 in stock-based compensation in the first quarter of fiscal 2019, and $240,000 in annual salary and $1,026,710 in stock-based compensation in fiscal 2018, related to the employment agreement with Robert Monster, CEO. CEO Accrued Salary Conversion On February 16, 2018, Robert Monster, CEO converted $70,000 of his accrued salary into 700,000 shares of common stock and 700,000 stock options with an exercise price of $0.10 and a vesting period of 12 months. The shares and options were valued on the conversion date in the amounts of $161,000 and $92,507, respectively. Accrued Expenses - Related Parties The Company was founded in 1982 and managed by Richard Pomije since at least 1987. On May 17, 2015, Mr. Pomije resigned as CEO of the Company and on June 1, 2015, he resigned as the CFO and Chairman. At that time of his resignation, the Company and the Board of Directors were not aware of any continuing employment agreement. The Company released Mr. Pomije on September 11, 2015 concurrent with his closing of the Burnsville, MN office. On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company as of February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal. See Note 15 for additional information about transactions between the Company and its former officer.	Accounts Payable – Related Parties As of February 28, 2018 and 2017, the Company owes $7,625 and $10,613, respectively, due to advances made to an employee which is included within accounts payable – related parties. As of February 28, 2018 and 2017, the Company owes $450,500 and $0, respectively, to Epik Holdings Inc. related to annual domain name renewal fees to satisfy Domain marketing development obligations. Prepaid Domain Names During the fiscal years 2018 and 2017, the Company incurred $214,304 and $165,573, respectively, of annual domain name renewal fees. The amounts paid for the annual domain name renewal fees are paid directly to Epik Holdings Inc., a company which is controlled by Robert Monster, the Company’s Chief Executive Officer. Epik, then uses those funds to directly to pay Verisign and ICANN companies for the annual domain renewal costs. The costs paid to Epik are at terms similar or better than what Epik charges its other clients. Convertible Notes Payable – Related Party On September 14, 2016, subject to a stock purchase agreement, the Company signed a secured convertible note of $400,000 with Clint Skidmore, founder of Rezserve Technology Ltd (“Rezserve”). The interest free note is due and payable within one year, at which time it can be converted into up to 1,000,000 shares of the Company’s common stock at a conversion price of $0.40 per share. The Company evaluated the note and determined that as the fixed exercise price exceeded the closing market price on the note issuance date, that no beneficial conversion feature was present. On December 22, 2017, the Company formalized its agreement to extend and convert the original convertible note of $400,000 for Clint Skidmore to October 31, 2018, original founder of Rezserve Technologies Ltd. The Company has repaid $30,000 to Clint Skidmore, and converted $210,000 of the note to 1,100,000 shares of the Company’s common stock, resulting in a loss on conversion of $13,000. At February 28, 2018, the Company owes $160,000 to Clint Skidmore, bearing no interest. This note had imputed interest expense of $38,000 in fiscal 2018. On June 9, 2017, the Company signed a convertible note of $500,000 with Darvin Habben, Chairman. This note is due and payable within one year, bears interest of 8%, and can be converted into up to 2,000,000 shares of the Company’s common stock at a conversion price of $0.25 per share. The Company recorded a debt discount equal to $300,000 due to this conversion feature. The note had accrued interest of $28,932 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $191,507. The Company recorded debt discount amortization expense of $108,493 during the year ended February 28, 2018. Promissory Notes Payable - Related Party On July 20, 2017, the Company signed a promissory note of $100,000 with Derek Schumann, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Derek Schumann in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018. On July 20, 2017, the Company signed a promissory note of $100,000 with Greg Foss, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Greg Foss in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018. On July 27, 2017, the Company signed a promissory note of $150,000 with Darvin Habben, CEO. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Darvin Habben in connection with this note, with an exercise price of $0.10, and expiry date of July 27, 2027. The Company recorded a warrant discount equal to $150,000 due to this warrant feature. The note had imputed interest of $8,877 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $105,616. The Company recorded warrant discount amortization expense of $44,384 during the year ended February 28, 2018. Appointment.com Acquisition On December 1, 2016, the Company acquired all assets related to Appointment.com, Inc. (“Appointment”), an online scheduling software system based in Seattle, Washington. This transaction is considered related party since the Company’s CEO, Rob Monster, owned a controlling interest in Appointment through a company owned 100% by Mr. Monster. The purchase price pursuant to an asset purchase agreement was 1,625,000 shares of common stock. This amount was paid with the issuance of 1,625,000 shares of our common stock, of which 536,364 shares were issued to Mr. Monster’s company. Due to the related party nature of the transaction, the Company did not record any goodwill related to the transaction and assets and liabilities acquired were recorded at cost. The difference between the cost of the assets received and the purchase price is recognized as compensation expense on the Company’s consolidated statement of operations. The agreement included customary representations, warranties, and covenants by us and Appointment. See Note 11 for additional information. Sales of Common Stock During fiscal 2018, the Company sold an aggregate of 2,100,000 shares to two of the Company’s board members at the market price of $250,000. During fiscal 2017, the Company sold an aggregate of 435,000 shares which were sold to the Company’s chairman and a related party investor at terms below the market price and share prices available other investors at the time of the sales. As a result, the Company recorded additional stock compensation expense of $30,450 to additional paid in capital to account for the preferential common share pricing. Employment Agreements During fiscal 2018, the Company signed employment agreements with three members of senior management, all of which are still active. All employment agreements were for a period of approximately 6 to 24 months. See Note 6 for more information about these employment agreements. During fiscal 2017, the Company signed employment agreements with four members of senior management, three of which are still active. All employment agreements were for a period of approximately 12 months, however in one case there is no end date but can be terminated by either party. See Note 6 for more information about these employment agreements. Directors and Officers In December 2017, all non-executive directors received a stock grant of 600,000 shares. Mr. Parsons and Mr. Mills received an additional 200,000 shares each, as recognition for completing tasks outside their director responsibilities. This resulted in a stock-based compensation expense of $956,800 in fiscal 2018. In December 2016, all non-executive directors received a stock grant of 300,000 shares, except for Mr. Habben who received 350,000 as chairman and Mr. Parsons who received 140,000 shares and $40,000 in cash. As of the date of this report, all shares granted have been issued. This resulted in a stock-based compensation expense of $835,800 in fiscal 2017. CEO Employment Agreement Share Issuance The Company expensed $240,000 in annual salary and $1,026,710 in stock-based compensation in fiscal 2018, and $240,000 in annual salary and $1,191,349 in stock-based compensation in fiscal 2017, related to the employment agreement with Robert Monster, CEO. On February 10, 2016, the Company issued 3,312,811 shares of common stock to Robert Monster, CEO, in accordance with his employment agreement dated May 18, 2015. The shares were valued based on the employment agreement date using the Black-Scholes model. See Note 6 for more information about this share issuance. On May 22, 2016, the Company granted 9,042,250 common shares to Robert Monster, CEO, in accordance with his employment agreement dated May 22, 2016, which vest monthly over the new employment agreement period which ends on May 21, 2018, a period of two years. The shares were valued based on the employment agreement date. See Note 6 for more information about this share issuance. CEO Accrued Salary Conversion On February 16, 2018, Robert Monster, CEO converted $70,000 of his accrued salary into 700,000 shares of common stock and 700,000 stock options with an exercise price of $0.10 and a vesting period of 12 months. The shares and options were valued on the conversion date in the amounts of $161,000 and $92,507, respectively. On February 10, 2016, Robert Monster, CEO converted $129,231 of his accrued salary into 1,292,310 shares of common stock and 1,292,310 stock options with an exercise price of $0.15 and a vesting period of 12 months. The shares and options were valued on the conversion date in the amounts of $109,846 and $19,385, respectively. Accrued Expenses - Related Parties The Company was founded in 1982 and managed by Richard Pomije since at least 1987. On May 17, 2015, Mr. Pomije resigned as CEO of the Company and on June 1, 2015, he resigned as the CFO and Chairman. At that time of his resignation, the Company and the Board of Directors were not aware of any continuing employment agreement. The Company released Mr. Pomije on September 11, 2015 concurrent with his closing of the Burnsville, MN office. On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company as of February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal. See Note 15 for additional information about transactions between the Company and its former officer.

Income Taxes

Income Taxes	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 9. Income Taxes	The Company accounts for income taxes under standards issued by the FASB. Under those standards, deferred tax assets and liabilities are recognized for future tax benefits or consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not that such assets will not be realized through future operations. No provision for federal income taxes has been recorded due to the net operating loss carry forwards totaling $17,132,786 as of May 31, 2018 that will offset future taxable income. The available net operating loss carry forwards will expire in various years through 2037. Future tax benefits which may arise as a result of these losses have not been recognized in these consolidated financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the future tax loss carry forwards. The actual income tax provisions differ from the expected amounts calculated by applying the statutory income tax rate to the Company’s loss before income taxes. The components of these differences are as follows at May 31, 2018 and February 28, 2018: May 31, 2018 February 28, 2018 Net tax loss carry-forwards $ 17,132,786 $ 15,888,098 Statutory rate 21 % 21 % Expected tax recovery 3,597,885 3,336,501 Change in valuation allowance (3,597,885 ) (3,336,501 ) Income tax provision $ $ - Components of deferred tax asset: Non capital tax loss carry forwards $ 3,597,885 $ 3,336,501 Less: valuation allowance (3,597,885 ) (3,336,501 ) Net deferred tax asset $ - $ -	The Company accounts for income taxes under standards issued by the FASB. Under those standards, deferred tax assets and liabilities are recognized for future tax benefits or consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. A valuation allowance is provided for significant deferred tax assets when it is more likely than not that such assets will not be realized through future operations. No provision for federal income taxes has been recorded due to the net operating loss carry forwards totaling $15,888,098 as of February 28, 2018 that will offset future taxable income. The available net operating loss carry forwards will expire in various years through 2038. Future tax benefits which may arise as a result of these losses have not been recognized in these consolidated financial statements, as their realization is determined not likely to occur and accordingly, the Company has recorded a valuation allowance for the future tax loss carry forwards. The actual income tax provisions differ from the expected amounts calculated by applying the statutory income tax rate to the Company’s loss before income taxes. The components of these differences are as follows at February 28, 2018 and February 28, 2017: 2018 2017 Net tax loss carry-forwards $ 15,888,098 $ 11,627,532 Statutory rate 21 % 34 % Expected tax recovery 3,336,501 3,953,361 Change in valuation allowance (3,336,501 ) (3,953,361 ) Income tax provision $ - $ - Components of deferred tax asset: Non capital tax loss carry forwards $ 3,336,501 $ 3,953,361 Less: valuation allowance (3,336,501 ) (3,953,361 ) Net deferred tax asset $ - $ -

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 10. Commitments and Contingencies	Litigation The Company, in the normal course of business, is a party to various ordinary course claims and legal proceedings. In the opinion of management, the ultimate resolution of these matters, individually and in the aggregate, will not have a material adverse effect on the Company’s financial position or results of operations. On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company as of February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 has been accrued as payable to Mr. Pomije. During the quarter ending May 31, 2018, $10,910 was paid to Mr. Richard Pomije. As at May 31, 2018, $542,066 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal. The Company is in the process of filing an appeal. See Note 16 for additional information about transactions between the Company and its former officer. Lease Commitments As of February 28, 2018, we have one outstanding operating lease. The lease is for 700 square feet of office space in Vancouver, British Columbia for our Rezserve subsidiary. The lease is month-to-month with either party able to terminate the lease with 30 days of notice. Gross rent is approximately $2,600 per month.	Litigation The Company, in the normal course of business, is a party to various ordinary course claims and legal proceedings. In the opinion of management, the ultimate resolution of these matters, individually and in the aggregate, will not have a material adverse effect on the Company's financial position or results of operations. On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company as of February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal. See Note 15 for additional information about transactions between the Company and its former officer. Lease Commitments As of February 28, 2018, we have one outstanding operating lease. The lease is for 700 square feet of office space in Vancouver, British Columbia for our Rezserve subsidiary. The lease is month-to-month with either party able to terminate the lease with 30 days of notice. Gross rent is approximately $2,600 per month.

Common Stock Subscriptions Rece

Common Stock Subscriptions Receivable	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 11. Common Stock Subscriptions Receivable	From time to time, the Company has had various stock subscription agreements outstanding all of which were due from a related party. As of May 31, 2018, the company does not have any stock subscription agreements outstanding.	From time to time, the Company has had various stock subscription agreements outstanding all of which were due from a related party. As of February 28, 2016, the Company was owed $5,000 for stock issued and had accrued an additional $7,150 for stock which was payable during the 2017 fiscal year under the employment agreement with Robert Monster. The total amount of $12,150 was satisfied in full in fiscal 2017. No amounts are outstanding for fiscal 2018.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 12. Earnings (Loss) Per Share	The Company computes earnings per share using two different methods, basic and diluted, and presents per share data for all periods in which statements of operations are presented. Basic earnings per share are computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted earnings per share are computed by dividing net income (loss) by the weighted average number of shares of common stock and common stock equivalents outstanding. Due to the recent net losses generated by the Company, there are no dilutive elements. Therefore, basic and diluted EPS are the same. The following tables provide a reconciliation of the numerators and denominators used in calculating basic and diluted earnings (loss) per share for the first quarter of fiscal years 2019 and 2018: Fiscal 2019 Fiscal 2018 Basic earnings (loss) per share calculation: Net loss to common shareholders $ (2,256,142 ) $ (1,101,248 ) Weighted average number of common shares outstanding 86,876,957 55,059,804 Basic net loss per share $ (0.03 ) $ (0.02 ) Diluted earnings (loss) per share calculation: Net loss to common shareholders $ (2,256,142 ) $ (1,101,248 ) Weighted average number of common shares outstanding 86,876,957 55,059,804 Stock options (1) - - Warrants (2) - - Diluted weighted average common shares outstanding 86,876,957 55,059,804 Diluted net loss per share $ (0.03 ) $ (0.02 ) _________ (1) At May 31, 2018 and May 31, 2017, there were 6,235,159 and 2,392,310, respectively, of stock options equivalent to common shares outstanding. The stock options are anti-dilutive at May 31, 2018 and May 31, 2017 and therefore, have been excluded from diluted earnings (loss) per share. (2) At May 31, 2018 and May 31, 2017, there were outstanding warrants equivalent to 9,044,740 and 4,660,000 common shares, respectively. The warrants are anti-dilutive at May 31, 2018 and May 31, 2017 and therefore, have been excluded from diluted earnings (loss) per share.	The Company computes earnings per share using two different methods, basic and diluted, and presents per share data for all periods in which statements of operations are presented. Basic earnings per share are computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted earnings per share are computed by dividing net income (loss) by the weighted average number of shares of common stock and common stock equivalents outstanding. Due to the recent net losses generated by the Company, there are no dilutive elements. Therefore, basic and diluted EPS are the same. The following tables provide a reconciliation of the numerators and denominators used in calculating basic and diluted earnings (loss) per share for the fiscal years 2018 and 2017: Fiscal 2018 Fiscal 2017 Basic earnings (loss) per share calculation: Net loss to common shareholders $ (10,243,396 ) $ (7,219,626 ) Weighted average number of common shares outstanding 61,786,169 44,840,743 Basic net loss per share $ (0.17 ) $ (0.16 ) Diluted earnings (loss) per share calculation: Net loss to common shareholders $ (10,243,396 ) $ (7,219,626 ) Weighted average number of common shares outstanding 61,786,169 44,840,743 Stock options (1) - - Warrants (2) - - Diluted weighted average common shares outstanding 61,786,169 44,840,743 Diluted net loss per share $ (0.17 ) $ (0.16 ) (1) At both February 28, 2018 and February 28, 2017, there were outstanding stock options equivalent to 6,437,600 and 6,692,310 common shares, respectively. The stock options are anti-dilutive at February 28, 2018 and February 28, 2017 and therefore, have been excluded from diluted earnings (loss) per share. (2) At February 28, 2018 and February 28, 2017, there were outstanding warrants equivalent to 7,080,000 and 8,510,000 common shares, respectively. The warrants are anti-dilutive at February 28, 2018 and February 28, 2017 and therefore, have been excluded from diluted earnings (loss) per share.

Acquisitions

Acquisitions	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 13. Acquisitions	Congo Ltd. Acquisition On December 7, 2017, the Company closed on an asset purchase agreement for the acquisition of Congo Ltd. (Congo). Congo, based in Houston, TX, owns and operates a web-based platform offering; a portal connecting attorneys to prospective clients through a marketplace setting; a software-as-a-service (SaaS) subscription, selling web features to attorneys for their use on their respective law firm websites, and; the creation of customized online directories. The Company granted 3,000,000 shares of its common stock to the existing owners of Congo. The closing price of the Company’s common stock on the acquisition date was $0.28 per share, therefore, the fair value of common stock issued was $840,000. The stock was issued in February 2018. This acquisition was accounted for using the replacement cost method, where the cost to replace or recreate the subject asset is estimated. The agreement included customary representations, warranties, and covenants by us and Congo. According to the replacement cost method of accounting, the Company recognized the identifiable assets acquired as follows: Developed Technology, Platform and code base 420,000 Developed Technology, New code base and databases 432,000 Assembled Workforce 35,000 Goodwill 78,000 Total intangibles and goodwill 965,000 Total assets acquired, net 965,000 The purchase price consisted of the following: Common stock 840,000 Cash consideration 75,000 Earnest money 50,000 Total purchase price 965,000 The Company reviewed the fair value of the total assets of the acquisition and concluded the fair value of the goodwill and intangible assets which were acquired was less than the fair value of the common stock which was used to pay for the business. Accordingly, the Company recorded an impairment expense of $926,252 related to this acquisition in fiscal 2018. As the company is not using the assets in the same manner as the predecessor company, no proforma financials are presented. CityInformation, B.V. Acquisition On October 27, 2017, the Company closed on an asset purchase agreement for the acquisition of CityInformation. CityInformation, based in Amsterdam (Netherlands), develops and operates mobile apps for cities and towns worldwide. The Company granted 2,833,333 shares of its common stock to the existing owners of CityInformation. The closing price of the Company’s common stock on the acquisition date was $0.29 per share, therefore, the fair value of common stock issued was $821,667. The stock was issued in November 2017. This acquisition was accounted for using the replacement cost method, where the cost to replace or recreate the subject asset is estimated. The agreement included customary representations, warranties, and covenants by us and CityInformation. According to the replacement cost method of accounting, the Company recognized the identifiable assets acquired as follows: Developed Technology, App Portfolio 250,000 Developed Technology, App Handles 135,000 Assembled Workforce 40,000 Goodwill 396,667 Total intangibles and goodwill 821,667 Total assets acquired, net 821,667 The purchase price consisted of the following: Common stock 821,667 Total purchase price 821,667 The Company reviewed the fair value of the total assets of the acquisition and concluded the fair value of the goodwill and intangible assets which were acquired was less than the fair value of the common stock which was used to pay for the business. Accordingly, the Company recorded an impairment expense of $795,508 related to this acquisition in fiscal 2018. As the company is not using the assets in the same manner as the predecessor company, no proforma financials are presented. Comencia, Inc. Acquisition On July 1, 2017, the Company closed on an agreement and plan of share exchange and acquired Comencia, a related party Company, which was partly owned by an officer of the Company. The Company granted 2,500,000 shares of its common stock to the existing owners of Comencia, Inc. The closing price of the Company’s common stock on the acquisition date was $0.30 per share, therefore, the fair value of common stock issued was $750,000. As part of the closing of this agreement, the Company made a cash payment and issued a note receivable from Comencia for $55,000. The terms of the note include payable on demand within 30 days of notice and a 3.0% annual interest rate. This note has not yet been repaid. This acquisition was accounted for as a business combination under the purchase method of accounting, given that substantially all of Comencia’s assets and ongoing operations were acquired. The agreement included customary representations, warranties, and covenants by us and Comencia. According to the purchase method of accounting, the Company recognized the identifiable assets acquired and liabilities assumed as follows: Cash 11,989 Other assets 13,115 Total assets 25,104 Accrued expenses (12,741 ) Long-term payables (52,422 ) Total liabilities (65,163 ) Customer Lists 33,000 Intellectual Property 48,800 Trademarks 7,000 Total intangibles 88,800 Total assets acquired, net 48,741 Additional consideration given as compensation expense 701,259 Total consideration 750,000 The purchase price consisted of the following: Common stock 750,000 Total purchase price 750,000 This transaction was a non-arms length transaction, as one of Comencia’s owners was a Director of Digitaltown. As such, $750,000 was recorded as a stock-based compensation in fiscal 2018. The unaudited supplemental pro forma results of operations of the combined entities had the date of the acquisition been March 1, 2017 is as follows: Combined Pro Forma: For Fiscal Quarter 2018 Revenues $ 111,300 Cost of revenues 120,448 Gross profit (loss) (9,148 ) Operating expenses: Selling, general and administrative expenses 1,082,168 Loss from operations (1,092,624 ) Other income (expense) 9,724 Net loss $ (1,101,348 ) Weighted average number of common shares Outstanding – basic and fully diluted 55,059,804 Net loss per share – basic and fully diluted $ (0.02 )	Congo Ltd. Acquisition On December 7, 2017, the Company closed on an asset purchase agreement for the acquisition of Congo Ltd. (Congo). Congo, based in Houston, TX, owns and operates a web-based platform offering; a portal connecting attorneys to prospective clients through a marketplace setting; a software-as-a-service (SaaS) subscription, selling web features to attorneys for their use on their respective law firm websites, and; the creation of customized online directories. The Company granted 3,000,000 shares of its common stock to the existing owners of Congo. The closing price of the Company’s common stock on the acquisition date was $0.28 per share, therefore, the fair value of common stock issued was $840,000. The stock was issued in February 2018. This acquisition was accounted for using the replacement cost method, where the cost to replace or recreate the subject asset is estimated. The agreement included customary representations, warranties, and covenants by us and Congo. According to the replacement cost method of accounting, the Company recognized the identifiable assets acquired as follows: Developed Technology, Platform and code base 420,000 Developed Technology, New code base and databases 432,000 Assembled Workforce 35,000 Goodwill 78,000 Total intangibles and goodwill 965,000 Total assets acquired, net 965,000 The purchase price consisted of the following: Common stock 840,000 Cash consideration 75,000 Earnest money 50,000 Total purchase price 965,000 The Company reviewed the fair value of the total assets of the acquisition and concluded the fair value of the goodwill and intangible assets which were acquired was less than the fair value of the common stock which was used to pay for the business. Accordingly, the Company recorded an impairment expense of $926,252 related to this acquisition in fiscal 2018. As the company is not using the assets in the same manner as the predecessor company, no proforma financials are presented. CityInformation, B.V. Acquisition On October 27, 2017, the Company closed on an asset purchase agreement for the acquisition of CityInformation. CityInformation, based in Amsterdam (Netherlands), develops and operates mobile apps for cities and towns worldwide. The Company granted 2,833,333 shares of its common stock to the existing owners of CityInformation. The closing price of the Company’s common stock on the acquisition date was $0.29 per share, therefore, the fair value of common stock issued was $821,667. The stock was issued in November 2017. This acquisition was accounted for using the replacement cost method, where the cost to replace or recreate the subject asset is estimated. The agreement included customary representations, warranties, and covenants by us and CityInformation. According to the replacement cost method of accounting, the Company recognized the identifiable assets acquired as follows: Developed Technology, App Portfolio 250,000 Developed Technology, App Handles 135,000 Assembled Workforce 40,000 Goodwill 396,667 Total intangibles and goodwill 821,667 Total assets acquired, net 821,667 The purchase price consisted of the following: Common stock 821,667 Total purchase price 821,667 The Company reviewed the fair value of the total assets of the acquisition and concluded the fair value of the goodwill and intangible assets which were acquired was less than the fair value of the common stock which was used to pay for the business. Accordingly, the Company recorded an impairment expense of $795,508 related to this acquisition in fiscal 2018. As the company is not using the assets in the same manner as the predecessor company, no proforma financials are presented. Comencia, Inc. Acquisition On July 1, 2017, the Company closed on an agreement and plan of share exchange and acquired Comencia, a related party Company, which was partly owned by an officer of the Company. The Company granted 2,500,000 shares of its common stock to the existing owners of Comencia, Inc. The closing price of the Company’s common stock on the acquisition date was $0.30 per share, therefore, the fair value of common stock issued was $750,000. As part of the closing of this agreement, the Company made a cash payment and issued a note receivable from Comencia for $55,000. The terms of the note include payable on demand within 30 days of notice and a 3.0% annual interest rate. This note has not yet been repaid. This acquisition was accounted for as a business combination under the purchase method of accounting, given that substantially all of Comencia’s assets and ongoing operations were acquired. The agreement included customary representations, warranties, and covenants by us and Comencia. According to the purchase method of accounting, the Company recognized the identifiable assets acquired and liabilities assumed as follows: Cash 11,989 Other assets 13,115 Total assets 25,104 Accrued expenses (12,741 ) Long-term payables (52,422 ) Total liabilities (65,163 ) Customer Lists 33,000 Intellectual Property 48,800 Trademarks 7,000 Total intangibles 88,800 Total assets acquired, net 48,741 Additional consideration given as compensation expense 701,259 Total consideration 750,000 The purchase price consisted of the following: Common stock 750,000 Total purchase price 750,000 This transaction was a non-arms length transaction, as one of Comencia’s owners was a Director of Digitaltown. As such, $750,000 was recorded as a stock-based compensation in fiscal 2018. The unaudited supplemental pro forma results of operations of the combined entities had the date of the acquisition been March 1, 2017 or March 1, 2016 are as follows: Combined Pro Forma: For Fiscal Years 2018 2017 Revenues $ 367,923 $ 251,713 Cost of revenues 1,053,184 562,216 Gross profit (loss) (685,261 ) (310,503 ) Operating expenses: Selling, general and administrative expenses 7,454,580 5,218,597 Loss from operations (8,139,841 ) (5,529,100 ) Other income (expense) (2,096,091 ) (1,744,049 ) Net loss $ (10,235,932 ) $ (7,273,149 ) Weighted average number of common shares Outstanding – basic and fully diluted 61,786,169 44,840,743 Net loss per share – basic and fully diluted $ (0.17 ) $ (0.16 ) Appointment.com Acquisition On December 1, 2016, the Company acquired all assets related to Appointment.com, Inc. (“Appointment”), an online scheduling software system based in Seattle, Washington. This transaction is considered related party since Epik Holdings Inc. is a controlling owner of Appointment and the Company’s CEO, Rob Monster, is the controlling owner of Epik Holdings Inc. The purchase price pursuant to an asset purchase agreement was 1,625,000 common shares. Due to the related party nature of the transaction, the Company did not record any goodwill related to the transaction. The sum of the cost basis of the liabilities assumed and the stock value of $731,500 is recognized as $853,955 expense on the Company’s consolidated statement of operations. The agreement included customary representations, warranties, and covenants by us and Appointment. The allocation of the purchase price to assets based upon fair value determinations was as follows: Cash $ 2,240 Related Party Payable (42,380 ) Accrued Salary (82,565 ) Total Net Liabilities Assumed $ (122,705 ) The purchase price consisted of the following: Total Net Liabilities Assumed $ 122,705 Common Stock 731,250 Total Compensation Expense and Purchase Price $ 853,955 The unaudited supplemental pro forma results of operations of the combined entities are not included in this disclosure as the acquisition of Appointment does not materially affect the Company's results from operations. Rezserve Technologies Ltd. Acquisition On September 14, 2016, the Company entered into a Stock Purchase Agreement for 100% of Rezserve Technologies, Ltd. (Rezserve), a travel industry software company based in Vancouver, British Columbia. Pursuant to the terms of the agreement, the Company purchased all of the issued and outstanding stock of Rezserve in consideration for a total purchase price of $1,480,000. This price was paid with 3,000,000 shares of the Company’s common stock and a $400,000 secured convertible note payable to Rezserve’s founder Clint Skidmore. The terms of the note include interest at 0% per annum. Principal is due and payable within one year of September 13, 2016. On December 22, 2017, the Company formalized its agreement to extend and convert the original convertible note of $400,000 for Clint Skidmore to October 31, 2018, original founder of Rezserve Technologies Ltd. The Company has repaid $30,000 to Clint Skidmore, and converted $210,000 of the note to 1,100,000 shares of the Company’s common stock, resulting in a loss on conversion of $13,000. At February 28, 2018, the Company owes $160,000 to Clint Skidmore, bearing no interest. This note had imputed interest of $38,000 in fiscal 2018. See Note 14 for more information about the convertible note payable – related party. This acquisition was accounted for as a business combination under the purchase method of accounting, given that substantially all of Rezserve’s assets and ongoing operations were acquired. The purchase resulted in $1,445,292 of impairment expense. This was due to the use of common stock by the Company to pay for the acquisition and the corresponding the value of the stock was in excess of the fair value of the assets received. The agreement included customary representations, warranties, and covenants by us and the Rezserve owner. According to the purchase method of accounting, the Company recognized the identifiable assets acquired and liabilities assumed as follows: Assets, net $ 34,708 Customer Lists 77,295 Intellectual Property 30,842 Trademarks 19,475 Goodwill 1,317,680 Total Assets Acquired $ 1,480,000 The purchase price consisted of the following: Convertible note payable – related party $ 400,000 Common Stock 1,080,000 Total Purchase Price $ 1,480,000 The Company reviewed the fair value of the total assets of the acquisition and concluded the fair value of the goodwill and intangible assets which were acquired was less than the fair value of the common stock which was used to pay for the business. Accordingly, the Company recorded an impairment expense of $1,445,292 related to this acquisition in fiscal 2017. The unaudited supplemental pro forma results of operations of the combined entities had the dates of the acquisitions been March 1, 2016 is as follows: Combined Pro Forma: For Fiscal Years 2017 Revenues $ 333,879 Cost of revenues 475,308 Gross profit (loss) (141,429 ) Operating expenses: Selling, general and administrative expenses 5,323,560 Loss from operations (5,464,989 ) Other income (expense) (1,744,049 ) Net loss $ (7,209,038 ) Weighted average number of common shares Outstanding – basic and fully diluted 44,840,743 Net loss per share – basic and fully diluted $ (0.16 ) Cloud.Market Acquisition On March 5, 2016, the Company acquired all of the assembled workforce, patents, intellectual property, technology, trademarks, trade names, copyrights, mask works and registrations, computer software, trade secrets and non-compete agreements related to the Cloud.Market business, pursuant to an agreement among the Company and the owner of Cloud.Market. The purchase price paid included issuance of 750,000 shares of our common stock and $7,500 of cash. The agreement included customary representations, warranties, and covenants by us and the Cloud.Market owner. The allocation of the purchase price to assets based upon fair value determinations was as follows: Non-compete agreements $ 700 Customer Lists 66,800 Total Assets Acquired $ 67,500 The purchase price consisted of the following: Cash $ 7,500 Common Stock 60,000 Total Purchase Price $ 67,500 The Company reviewed the fair value of the total assets of the acquisition and concluded the fair value of the goodwill and intangible assets which were acquired was less than the fair value of the common stock which was used to pay for the business. Accordingly, the Company recorded an impairment expense of $67,500 related to this acquisition in fiscal 2017. The unaudited supplemental pro forma results of operations of the combined entities are not included in this disclosure as the acquisition of Cloud.Market does not materially affect the Company's results from operations.

Debt

Debt	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 14. Debt	Convertible Note Payable - Related Party Clint Skidmore - Note On September 14, 2016, subject to a stock purchase agreement, the Company signed a secured convertible note of $400,000 with Clint Skidmore, founder of Rezserve Technology Ltd (“Rezserve”). The interest free note is due and payable within one year, at which time it can be converted into up to 1,000,000 shares of the Company’s common stock at a conversion price of $0.40 per share. The Company evaluated the note and determined that as the fixed exercise price exceeded the closing market price on the note issuance date, that no beneficial conversion feature was present. On December 22, 2017, the Company formalized its agreement to extend and convert the original convertible note of $400,000 for Clint Skidmore to October 31, 2018, original founder of Rezserve Technologies Ltd. The Company has repaid $70,000 to Clint Skidmore, and converted $210,000 of the note to 1,100,000 shares of the Company’s common stock, resulting in a loss on conversion of $13,000. At May 31, 2018, the Company owes $120,000 to Clint Skidmore, bearing no interest. This note had imputed interest expense of $38,000 in fiscal 2018, and imputed interest of $3,500 in the first quarter of fiscal 2019. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the fixed conversion price and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares. Darvin Habben - Note On June 9, 2017, the Company signed a convertible note of $500,000 with Darvin Habben, Chairman. This note is due and payable within one year, bears interest of 8%, and can be converted into up to 2,000,000 shares of the Company’s common stock at a conversion price of $0.25 per share. The Company recorded a debt discount equal to $300,000 due to this conversion feature. The note had accrued interest of $28,932 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $191,507. The Company recorded debt discount amortization expense of $108,493 during the year ended February 28, 2018. On May 9, 2018, the Company converted the $500,000 convertible note with Darvin Habben, Chairman, along with accrued and unpaid interest of $38,027.40, to 5,380,274 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $191,507 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. Promissory Note Payable - Related Party Derek Schumann - Note On July 20, 2017, the Company signed a promissory note of $100,000 with Derek Schumann, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Derek Schumann in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018. On May 9, 2018, the Company converted the $100,000 promissory note with Derek Schumann, Director, to 1,000,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $69,452 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $1,917 during the quarter ended May 31, 2018. Greg Foss - Note On July 20, 2017, the Company signed a promissory note of $100,000 with Greg Foss, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Greg Foss in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018. On May 9, 2018, the Company converted the $100,000 promissory note with Greg Foss, Director, to 1,000,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $69,452 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $1,917 during the quarter ended May 31, 2018. Darvin Habben - Note On July 27, 2017, the Company signed a promissory note of $150,000 with Darvin Habben, Chairman. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Darvin Habben in connection with this note, with an exercise price of $0.10, and expiry date of July 27, 2027. The Company recorded a warrant discount equal to $150,000 due to this warrant feature. The note had imputed interest of $8,877 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $105,616. The Company recorded warrant discount amortization expense of $44,384 during the year ended February 28, 2018. On May 9, 2018, the Company converted the $150,000 promissory note with Carvin Habben, Chairman, to 1,500,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $105,616 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $2,875 during the quarter ended May 31, 2018. Convertible Note Payable - Third Party PowerUp Lending - Note 1 On October 30, 2017, the Company issued a convertible note to PowerUp Lending Group Ltd. for $75,000 of cash consideration. The note bears interest at 12%, matures on October 30, 2018, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion. The Company recorded a debt discount equal to $47,951 due to this conversion feature. On May 3, 2018, PowerUp Lending Group Ltd. converted $12,000 of the principal amount of the October 30, 2017 note into 170,940 shares of the Company’s common stock, leaving a principal balance due of $63,000. On May 7, 2018, PowerUp Lending Group Ltd. converted $13,000 of the principal amount of the October 30, 2017 note into 213,115 shares of the Company’s common stock, leaving a principal balance due of $50,000. On May 10, 2018, PowerUp Lending Group Ltd. converted $15,000 of the principal amount of the October 30, 2017 note into 245,902 shares of the Company’s common stock, leaving a principal balance due of $35,000. On May 15, 2018, PowerUp Lending Group Ltd. converted $20,000 of the principal amount of the October 30, 2017 note into 327,869 shares of the Company’s common stock, leaving a principal balance due of $15,000. On May 16, 2018, PowerUp Lending Group Ltd. converted $15,000 of the principal amount, plus $4,500 in accrued and unpaid interest, of the October 30, 2017 note into 319,672 shares of the Company’s common stock, fully extinguishing this note. The Company recorded debt discount amortization expenses of $32,055 related to this note during the first quarter of fiscal 2019. PowerUp Lending - Note 2 On November 30, 2017, the Company issued a convertible note to PowerUp Lending Group Ltd. for $58,000 of cash consideration. The note bears interest at 12%, matures on November 30, 2018, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion. The Company recorded a debt discount equal to $38,164 due to this conversion feature. The note had accrued interest of $3,456 as of May 31, 2018. The debt discount had a balance at May 31, 2018 of $19,213. The Company recorded debt discount amortization expense of $9,541 during the quarter ended May 31, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the conversion price floor and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009. PowerUp Lending - Note 3 On January 18, 2018, the Company issued a convertible note to PowerUp Lending Group Ltd. for $53,000 of cash consideration. The note bears interest at 12%, matures on January 18, 2019, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion. The Company recorded a debt discount equal to $33,164 due to this conversion feature. The note had accrued interest of $2,304 as of May 31, 2018. The debt discount had a balance at May 31, 2018 of $21,608. The Company recorded debt discount amortization expense of $8,471 during the quarter ended May 31, 2018 The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the conversion price floor and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009. Crown Bridge - Note 1 On January 30, 2018, the Company issued a convertible note to Crown Bridge Partners, LLC. for $55,000 of cash consideration. The note bears interest at 10%, matures on January 30, 2019, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 20 trading days prior to conversion. The Company recorded a debt discount equal to $33,246 due to this conversion feature. The Company also recorded a $3,000 debt discount due to issuance fees. The note had accrued interest of $1,812 as of May 31, 2018. The debt discount had a balance at May 31, 2018 of $24,305. The Company recorded debt discount amortization expense of $9,062 during the quarter ended May 31, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the fixed conversion price and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares. Promissory Note Payable - Third Party On July 20, 2017, the Company signed a promissory note of $100,000 with Donovan Olson. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Donovan Olson in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. On May 9, 2018, the Company converted the $100,000 promissory note with Donovan Olson, to 1,000,000 shares of its common stock at a conversion price of $0.10 per share. The company recorded debt discount amortization expense of $69,452 during the quarter ended May 31, 2018, related to this debt’s conversion recorded at inception. The note had imputed interest of $1,917 during the quarter ended May 31, 2018.	Convertible Note Payable - Related Party On September 14, 2016, subject to a stock purchase agreement, the Company signed a secured convertible note of $400,000 with Clint Skidmore, founder of Rezserve Technology Ltd (“Rezserve”). The interest free note is due and payable within one year, at which time it can be converted into up to 1,000,000 shares of the Company’s common stock at a conversion price of $0.40 per share. The Company evaluated the note and determined that as the fixed exercise price exceeded the closing market price on the note issuance date, that no beneficial conversion feature was present. On December 22, 2017, the Company formalized its agreement to extend and convert the original convertible note of $400,000 for Clint Skidmore to October 31, 2018, original founder of Rezserve Technologies Ltd. The Company has repaid $30,000 to Clint Skidmore, and converted $210,000 of the note to 1,100,000 shares of the Company’s common stock, resulting in a loss on conversion of $13,000. At February 28, 2018, the Company owes $160,000 to Clint Skidmore, bearing no interest. This note had imputed interest expense of $38,000 in fiscal 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the fixed conversion price and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares. On June 9, 2017, the Company signed a convertible note of $500,000 with Darvin Habben, Chairman. This note is due and payable within one year, bears interest of 8%, and can be converted into up to 2,000,000 shares of the Company’s common stock at a conversion price of $0.25 per share. The Company recorded a debt discount equal to $300,000 due to this conversion feature. The note had accrued interest of $28,932 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $191,507. The Company recorded debt discount amortization expense of $108,493 during the year ended February 28, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the fixed conversion price and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares. Promissory Note Payable - Related Party On July 20, 2017, the Company signed a promissory note of $100,000 with Derek Schumann, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Derek Schumann in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018. On July 20, 2017, the Company signed a promissory note of $100,000 with Greg Foss, Director. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Greg Foss in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018. On July 27, 2017, the Company signed a promissory note of $150,000 with Darvin Habben, CEO. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Darvin Habben in connection with this note, with an exercise price of $0.10, and expiry date of July 27, 2027. The Company recorded a warrant discount equal to $150,000 due to this warrant feature. The note had imputed interest of $8,877 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $105,616. The Company recorded warrant discount amortization expense of $44,384 during the year ended February 28, 2018. Convertible Note Payable - Third Party On October 30, 2017, the Company issued a convertible note to PowerUp Lending Group Ltd. for $75,000 of cash consideration. The note bears interest at 12%, matures on October 30, 2018, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion. The Company recorded a debt discount equal to $47,951 due to this conversion feature. The note had accrued interest of $2,885 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $32,055. The Company recorded debt discount amortization expense of $15,896 during the year ended February 28, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the conversion price floor and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009. On November 30, 2017, the Company issued a convertible note to PowerUp Lending Group Ltd. for $58,000 of cash consideration. The note bears interest at 12%, matures on November 30, 2018, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion. The Company recorded a debt discount equal to $38,164 due to this conversion feature. The note had accrued interest of $1,716 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $28,754. The Company recorded debt discount amortization expense of $9,410 during the year ended February 28, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the conversion price floor and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009. On January 18, 2018, the Company issued a convertible note to PowerUp Lending Group Ltd. for $53,000 of cash consideration. The note bears interest at 12%, matures on January 18, 2019, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion. The Company recorded a debt discount equal to $33,164 due to this conversion feature. The note had accrued interest of $714 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $30,079. The Company recorded debt discount amortization expense of $3,806 during the year ended February 28, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the conversion price floor and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009. On January 30, 2018, the Company issued a convertible note to Crown Bridge Partners, LLC. for $55,000 of cash consideration. The note bears interest at 10%, matures on January 30, 2019, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 20 trading days prior to conversion. The Company recorded a debt discount equal to $33,246 due to this conversion feature. The Company also recorded a $3,000 debt discount due to issuance fees. The note had accrued interest of $437 as of February 28, 2018. The debt discount had a balance at February 28, 2018 of $33,366. The Company recorded debt discount amortization expense of $2,880 during the year ended February 28, 2018. The Company evaluated the convertible note and determined that the shares issuable pursuant to the conversion option were determinate due to the fixed conversion price and, as such, does not constitute a derivative liability as the Company has sufficient authorized shares. Promissory Note Payable - Third Party On July 20, 2017, the Company signed a promissory note of $100,000 with Donovan Olson. This interest free note is due and payable within one year and bears no interest. The Company issued 1,000,000 warrants to Donovan Olson in connection with this note, with an exercise price of $0.10, and expiry date of July 20, 2027. The Company recorded a warrant discount equal to $100,000 due to this warrant feature. The note had imputed interest of $6,110 as of February 28, 2018. The warrant discount had a balance at February 28, 2018 of $69,452. The Company recorded warrant discount amortization expense of $30,548 during the year ended February 28, 2018.

Transactions with Former Office

Transactions with Former Officer	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 15. Transactions with Former Officer	The Company was founded in 1982 and managed by Richard Pomije since at least 1987. On May 17, 2015, Mr. Pomije resigned as CEO of the Company and on June 1, 2015, he resigned as the CFO and Chairman. At that time of his resignation, the Company and the Board of Directors were not aware of any continuing employment agreement. The Company released Mr. Pomije on September 11, 2015 concurrent with his closing of the Burnsville, MN office. On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company as of February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. During the quarter ending May 31, 2018, $10,910 was paid to Mr. Richard Pomije. As at May 31, 2018, $542,066 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal.	The Company was founded in 1982 and managed by Richard Pomije since at least 1987. On May 17, 2015, Mr. Pomije resigned as CEO of the Company and on June 1, 2015, he resigned as the CFO and Chairman. At that time of his resignation, the Company and the Board of Directors were not aware of any continuing employment agreement. The Company released Mr. Pomije on September 11, 2015 concurrent with his closing of the Burnsville, MN office. On December 5, 2016, Richard Pomije filed a lawsuit against the Company. Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable. Mr. Pomije claims the Company owes him $260,900, which had been fully accrued for by the Company as of February 28, 2017. On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2018, $552,976 has been accrued as payable to Mr. Pomije. The Company is in the process of filing an appeal.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 16. Intangible Assets and Goodwill	Goodwill The carrying value of goodwill at May 31, 2018 and February 28, 2018 was $0. During the fiscal 2018, the Company made an acquisition which resulted in $549,667 of goodwill being recorded and subsequently impaired. Intangible assets The carrying value of intangible assets at May 31, 2018 and February 28, 2018 was $0. During fiscal 2018, the Company acquired $1,237,000 of intangible assets, including $432,000 of code base and databases, $420,000 of platform and code base, $250,000 of app portfolios, and $135,000 of app handles. During fiscal 2018, the Company recorded $64,907 of amortization expense related to intangible assets. Impairments We evaluate our goodwill and intangible assets for an impairment on an annual basis each fiscal year end. Based upon our review and analysis, we deemed all of the goodwill and intangible assets acquired in fiscal 2018 as fully impaired as of February 28, 2018. Accordingly, we recognized an impairment expense of $1,721,760 in fiscal 2018. This reflects the full amount of goodwill and the unamortized balance of the intangible assets.	Goodwill The carrying value of goodwill at February 28, 2018 and February 28, 2017 was $0. During fiscal 2018 and fiscal 2017, the Company made three acquisitions which resulted in $549,667 and $1,317,680 of goodwill being recorded, and subsequently impaired, respectively. See Note 13 for more information about acquisitions. Intangible assets The carrying value of intangible assets at February 28, 2018 and February 28, 2017 was $0. During fiscal 2018, the Company acquired $1,237,000 of intangible assets, including $432,000 of code base and databases, $420,000 of platform and code base, $250,000 of app portfolios, and $135,000 of app handles. During fiscal 2018, the Company recorded $64,907 of amortization expense related to intangible assets. During fiscal 2017, the Company entered into agreements to purchase domain name rights with five individuals. In exchange for the domain name rights, the Company issued 369,750 common shares and paid $69,500 in cash. The total fair value of the shares was $154,740 based on the respective domain name purchase agreements date and the closing market price on that date. Impairments We evaluate our goodwill and intangible assets for an impairment on an annual basis each fiscal year end. Based upon our review and analysis, we deemed all of the goodwill and intangible assets acquired in fiscal 2018 as fully impaired as of February 28, 2018. Accordingly, we recognized an impairment expense of $1,721,760 in fiscal 2018. In fiscal 2017, we recognized an impairment of $1,725,009. This reflects the full amount of goodwill and the unamortized balance of the intangible assets each year.

Digital Currencies

Digital Currencies	3 Months Ended
	May 31, 2018
Notes to Financial Statements
Note 17. Digital Currencies	The Company has entered into stock purchase agreements with investors, and has accepted digital currencies as a form of payment from these investors, in exchange for shares of the Company’s common stock. On May 15, 2018, the Company issued 11,385,590 shares of stock to Catena Fund One, LP for 1,050,000 RHOC (RChain Coins). The market price of RHOC on May 15, 2018 was $1.58 per RHOC, resulting in a value of $1,659,000. On May 16, 2018, the Company sold 63,291.13924 RHOCs at $1.56 for $100,000, resulting in a loss on exchange of $1,282. On May 31, 2018, market price of RHOC was $1.38, resulting in an unrealized loss on exchange of $196,070, which is represented as Accumulated Other Comprehensive Income in the equity section of the balance sheet. Our primary market risk exposure with regard to digital currencies is the volatility in trading prices from day to day, which would only impact the gain/loss recognized at time of exchange on such instruments. As of May 31, 2018, the Company held the equivalent of $1,380,156 in digital currencies.

Subsequent Events

Subsequent Events	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Notes to Financial Statements
Note 18. Subsequent Events	In June 2018, PowerUp Lending Group converted $50,000 of the principal amount of the November 30, 2017 note into 763,001 shares of the Company’s common stock, leaving a principal balance due of $8,000. In July 2018, the Company issued 90,000 shares of its common stock to a contractor, with a value of $7,920. There were no additional significant subsequent events through July 16, 2018, the date the financial statements were issued.	On April 18, 2018, Mr. Richard Pomije was granted a judgement for the lawsuit he filed against the Company on December 5, 2016. Mr. Pomije was awarded $256,488 as damages, and $296,488 as attorney’s fees and costs, for a total award of $552,976. As at February 28, 2017, $260,900 had been accrued. As at February 28, 2018, the accrual has increased by $292,076 to $552,976. The Company is in the process of filing an appeal. On April 25, 2018, the Company received a $1,000,000 investment commitment from Triton Funds LP to purchase registered DGTW shares. The Company has filed an S-1 with the SEC. Once approved, Triton will purchase up to 5% of the Company’s fully diluted shares. On May 15, 2018, the Company received a $2,400,000 investment from Pithia, Inc. in exchange for 10% of the Company’s fully diluted shares. Pithia invested $1,200,000 on May 15, 2018 in the form of RHOC cryptocurrency. The remaining $1,200,000 will be received 90 days from the agreement date, again in the form of RHOC cryptocurrency, as long as the Company meets certain conditions. The Company issued 11,385,590 shares of its common stock to Pithia, Inc. on May 31, 2018. On May 17, 2018, Digitaltown amended the employment agreement of Michael Cartwright, its Chief Technology Officer, to extend his employment term by two years to June 1, 2020. This included a base salary increase, additional stock award, and a cryptocurrency coin award conditional on achieving specific development and product launch milestones. A copy of his amended employment agreement is attached as Exhibit 10.1.

Nature of Operations and Sign26

Nature of Operations and Significant Accounting Policies (Policies)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Nature Of Operations And Significant Accounting Policies
Nature of Business	The Company was founded in 1982 under the laws of the State of Minnesota as Command Small Computer Learning Center, Inc., a computer training company and operated under several different names in the computer hardware and training sector. In 2005, the Company began acquiring domain names. On March 1, 2007, the Company changed its name to DigitalTown, Inc. and began developing a business plan to develop a platform to monetize their domain names. DigitalTown currently provides turn-key hosted solutions to power a comprehensive platform for government entities, citizens and merchants. The easy to use platform helps city officials and local merchants manage a feature-rich Smart City for web and mobile devices and provides residents and visitors with access to Content, Community and Commerce. The Company’s headquarters are located in Bellevue, WA. The Company’s common stock is traded on the OTC Markets under the ticker symbol of DGTW. The Company’s consolidated financial statements have been prepared using U.S. GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has a working capital deficit, recurring losses, and negative cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty. At May 31, 2018, the Company had an accumulated deficit of $51,142,038. The Company anticipates that growth from its operations, expected future proceeds from additional financing through the sale of its common stock or other equity-based securities, and additional sales and/or leases of existing domain names will be sufficient to meet its working capital and capital expenditure needs through at least February 28, 2019. In the event that the Company is unable to obtain additional capital in the future, the Company would reduce operating expenses or cease operations altogether.	The Company was founded in 1982 under the laws of the State of Minnesota as Command Small Computer Learning Center, Inc., a computer training company and operated under several different names in the computer hardware and training sector. In 2005, the Company began acquiring domain names. On March 1, 2007, the Company changed its name to DigitalTown, Inc. and began developing a business plan to develop a platform to monetize their domain names. DigitalTown currently provides turn-key hosted solutions to power a comprehensive platform for government entities, citizens and merchants. The easy to use platform helps city officials and local merchants manage a feature-rich Smart City for web and mobile devices and provides residents and visitors with access to Content, Community and Commerce. The Company’s headquarters are located in Bellevue, WA. The Company’s common stock is traded on the OTC Markets under the ticker symbol of DGTW. The Company’s consolidated financial statements have been prepared using U.S. GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has a working capital deficit, recurring losses, and negative cash flows from operations. These matters raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty. At February 28, 2018, the Company had an accumulated deficit of $48,593,820. The Company anticipates that growth from its operations, expected future proceeds from additional financing through the sale of its common stock or other equity-based securities, and additional sales and/or leases of existing domain names will be sufficient to meet its working capital and capital expenditure needs through at least February 28, 2019. In the event that the Company is unable to obtain additional capital in the future, the Company would reduce operating expenses or cease operations altogether.
Principles of Consolidation	The consolidated financial statements include the accounts of DigitalTown, Inc. and its wholly-owned subsidiaries and have been prepared by the Company in United States (U.S.) dollars and in accordance with accounting principles generally accepted in the United States, or GAAP. All material intercompany accounts and transactions have been eliminated in consolidation.	The consolidated financial statements include the accounts of DigitalTown, Inc. and its wholly-owned subsidiaries and have been prepared by the Company in United States (U.S.) dollars and in accordance with accounting principles generally accepted in the United States, or GAAP. All material intercompany accounts and transactions have been eliminated in consolidation.
Reclassifications	Certain prior period amounts in the consolidated statement of cash flows have been reclassified to conform to the current period presentation. Proceeds from related party notes payable received in the prior period have been reclassified from the prior period classification. These reclassifications had no impact on previously reported net income or accumulated deficit for any year.	Certain prior period amounts in the consolidated statement of cash flows have been reclassified to conform to the current period presentation. Proceeds from related party notes payable received in the prior period have been reclassified from the prior period classification. These reclassifications had no impact on previously reported net income or accumulated deficit for any year.
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates.	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S.”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates.
Accounts Receivable	Accounts receivable arise from the software licensing of our Rezserve subsidiary. The Company evaluates collectability of accounts receivable based on a combination of factors including the age of the receivable or a specific customer’s inability to meet its financial conditions. In these circumstances, the Company records an allowance to reduce the receivable to an amount it deems collectible. The Company has recorded an allowance for doubtful accounts as of May 31, 2018 and February 28, 2018 of $5,389 and $5,456, respectively.	Accounts receivable arise from the software licensing of our Rezserve subsidiary. The Company evaluates collectability of accounts receivable based on a combination of factors including the age of the receivable or a specific customer’s inability to meet its financial conditions. In these circumstances, the Company records an allowance to reduce the receivable to an amount it deems collectible. The Company has recorded an allowance for doubtful accounts as of February 28, 2018 and February 28, 2017 of $5,456 and $23,219, respectively. During fiscal 2017, the Company recorded $114,829 of bad debt expense due mostly to new customers from the Rezserve acquisition.
Goodwill and Intangible Assets	Goodwill represents the excess of purchase price over the fair value of net tangible and identifiable intangible assets related to completed acquisitions. Goodwill has an indefinite life and is not amortized but instead tested for impairment annually, or more frequently if necessary. Intangible assets are recorded at fair value and are comprised of amounts assigned to acquisition-related items, such as trade names, customer lists, non-compete agreements and intellectual property/technology. Intangible assets are considered either definite or indefinite lived assets. Definite lived intangible assets are amortized on a straight-line basis over their useful lives. Certain intangible assets may have an indefinite life and are not amortized, but rather evaluated for impairment annually. We evaluate any goodwill and intangible assets for an impairment on an annual basis each fiscal year end. We also evaluate goodwill and intangible assets for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the goodwill and intangible assets below the carrying amounts. Based upon our review and analysis, we deemed all of the goodwill and intangible assets acquired in fiscal 2018 as fully impaired. Accordingly, we recognized an impairment expense of $1,721,760.	Goodwill represents the excess of purchase price over the fair value of net tangible and identifiable intangible assets related to completed acquisitions. Goodwill has an indefinite life and is not amortized but instead tested for impairment annually, or more frequently if necessary. Intangible assets are recorded at fair value and are comprised of amounts assigned to acquisition-related items, such as trade names, customer lists, non-compete agreements and intellectual property/technology. Intangible assets are considered either definite or indefinite lived assets. Definite lived intangible assets are amortized on a straight-line basis over their useful lives. Certain intangible assets may have an indefinite life and are not amortized, but rather evaluated for impairment annually. We evaluate any goodwill and intangible assets for an impairment on an annual basis each fiscal year end. We also evaluate goodwill and intangible assets for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the goodwill and intangible assets below the carrying amounts. Based upon our review and analysis, we deemed all of the goodwill and intangible assets acquired in fiscal 2018 as fully impaired. Accordingly, we recognized an impairment expense of $1,721,760. In fiscal 2017, recognized an impairment expense of $1,725,009.
Revenue Recognition	Effective March 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the commercial sales of products, licensing agreements and contracts to perform pilot studies by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured. There was no impact on the Company’s financial statements as a result of adopting Topic 606 for the three months ended May 31, 2018 and the twelve months ended February 28, 2018. The Company recognizes revenue when the following four criteria have been met: · Persuasive evidence that a business relationship exists · Delivery has occurred · The price is fixed and determinable · Collectibility is reasonably assured The Company primarily recognizes revenue from sale of software licenses and related development services. Software licensing and development revenue is recognized as invoiced and over the course of the applicable agreements. In the event projects have multiple project milestones, revenue is recognized as milestones are achieved and invoices are submitted for payment. The Company may also be merchant of record for merchant transactions processed on the DigitalTown platform. When this happens, revenue is recognized on the date of the transaction. The Company has experience in merchant transaction fraud mitigation. To the extent chargebacks become material, the Company will implement a formal practice for allowance for doubtful accounts.	Effective March 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the commercial sales of products, licensing agreements and contracts to perform pilot studies by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured. There was no impact on the Company’s financial statements as a result of adopting Topic 606 for the twelve months ended February 28, 2018 and 2017. The Company recognizes revenue when the following four criteria have been met: · Persuasive evidence that a business relationship exists · Delivery has occurred · The price is fixed and determinable · Collectibility is reasonably assured The Company primarily recognizes revenue from sale of software licenses and related development services. Software licensing and development revenue is recognized as invoiced and over the course of the applicable agreements. In the event projects have multiple project milestones, revenue is recognized as milestones are achieved and invoices are submitted for payment. The Company may also be merchant of record for merchant transactions processed on the DigitalTown platform. When this happens, revenue is recognized on the date of the transaction. The Company has experience in merchant transaction fraud mitigation. To the extent chargebacks become material, the Company will implement a formal practice for allowance for doubtful accounts. The Company recognizes revenue from the sale of display advertising appearing on specific pages of individual sites within DigitalTown’s network platform. Display advertising is sold by the Company directly to local merchants and placed by the Company on specific pages of individual sites targeted by the local merchant. The terms of these sales are either for a fixed monthly amount for a period ranging from three months to one year or variable based on a percentage of the per click or per-impression revenue generated by these ads.
Fair Value of Financial Instruments	Under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under U.S. GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value. As of May 31, 2018 and February 28, 2018, the Company does not have any financial instruments that must be measured under the fair value standard. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect the Company’s assumptions about the assumptions that market participants would use in pricing the asset or liability. There were no transfers of financial assets or liabilities between Level 1 and Level 2 inputs during the first quarter of fiscal 2019 or the fiscal year 2018.	Under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (ASC) 820-10-5, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). The standard outlines a valuation framework and creates a fair value hierarchy in order to increase the consistency and comparability of fair value measurements and the related disclosures. Under U.S. GAAP, certain assets and liabilities must be measured at fair value, and FASB ASC 820-10-50 details the disclosures that are required for items measured at fair value. As of February 28, 2018, and February 28, 2017, the Company does not have any financial instruments that must be measured under the fair value standard. The Company’s financial assets and liabilities are measured using inputs from the three levels of the fair value hierarchy. The three levels are as follows: Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 - Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 - Unobservable inputs that reflect the Company’s assumptions about the assumptions that market participants would use in pricing the asset or liability. There were no transfers of financial assets or liabilities between Level 1 and Level 2 inputs during fiscal 2018 or fiscal 2017.
Cash Equivalents	The Company considers all highly liquid investments with original maturity of three months or less when purchased to be cash equivalents. As of May 31, 2018 and February 28, 2018, the Company had no cash equivalents.	The Company considers all highly liquid investments with original maturity of three months or less when purchased to be cash equivalents. As of February 28, 2018, and February 28, 2017, the Company had no cash equivalents.
Cash Deposits in Excess of Federally Insured Limits	The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Accounts are insured by the Federal Deposit Insurance Company and currently have insurance coverage up to $250,000. At May 31, 2018 and February 28, 2018, the Company did not have any deposit accounts in excess of federally insured limits.	The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Accounts are insured by the Federal Deposit Insurance Company and currently have insurance coverage up to $250,000. At February 28, 2018, the Company had no uninsured cash balances. At February 28, 2017, the Company had one bank deposit account in excess of federally insured limits.
Prepaid Domain Names	The annual domain name renewal fees are currently capitalized in the period of renewal then amortized over one year. Only the purchase of new domain names is capitalized. See Note 5 for further information.	The annual domain name renewal fees are currently capitalized in the period of renewal then amortized over one year. Only the purchase of new domain names are capitalized. See Note 4 for further information.
Property and Equipment	Property and equipment are stated at cost and depreciated on a straight-line basis over their estimated useful lives, ranging from three to five years. Leasehold improvements are amortized over the shorter of the useful life or the term of the related lease. The Company recorded $1,842 and $1,300 of depreciation expense for first quarters of fiscal years 2019 and 2018, respectively. Repairs and maintenance costs are expensed as incurred; major renewals and improvements are capitalized. As items of property or equipment are sold or retired, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is included in operating income. See Note 4 for further information.	Property and equipment are stated at cost and depreciated on a straight-line basis over their estimated useful lives, ranging from three to five years. The Company recorded $6,022 and $2,782 of depreciation expense for fiscal years 2018 and 2017, respectively. Repairs and maintenance costs are expensed as incurred; major renewals and improvements are capitalized. As items of property or equipment are sold or retired, the related cost and accumulated depreciation are removed from the accounts and any gain or loss is included in operating income. See Note 3 for further information.
Income Taxes	Deferred tax assets (net of any valuation allowance) and liabilities resulting from temporary differences, net operating loss carryforwards and tax credit carryforwards are recorded using an asset-and-liability method. Deferred taxes relating to temporary differences and loss carryforwards are measured using the tax rate expected to be in effect when they are reversed or are realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be ultimately realized. The Company has recorded a full valuation allowance against the net deferred tax asset due to the uncertainty of realizing the related future benefits. The Company accounts for income taxes pursuant to FASB guidance. This guidance prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company believes its income tax filing positions and deductions will be sustained upon examination and, accordingly, no reserves or related accruals for interest and penalties have been recorded at May 31, 2018 or February 28, 2018. In accordance with the FASB guidance, the Company has adopted a policy under which, if required to be recognized in the future, interest related to the underpayment of income taxes will be classified as a component of interest expense and any related penalties will be classified in operating expenses in the statements of operations. The Company has three open years of tax returns subject to examination.	Deferred tax assets (net of any valuation allowance) and liabilities resulting from temporary differences, net operating loss carryforwards and tax credit carryforwards are recorded using an asset-and-liability method. Deferred taxes relating to temporary differences and loss carryforwards are measured using the tax rate expected to be in effect when they are reversed or are realized. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be ultimately realized. The Company has recorded a full valuation allowance against the net deferred tax asset due to the uncertainty of realizing the related future benefits. The Company accounts for income taxes pursuant to FASB guidance. This guidance prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company believes its income tax filing positions and deductions will be sustained upon examination and, accordingly, no reserves or related accruals for interest and penalties have been recorded at February 28, 2018 or February 28, 2017. In accordance with the FASB guidance, the Company has adopted a policy under which, if required to be recognized in the future, interest related to the underpayment of income taxes will be classified as a component of interest expense and any related penalties will be classified in operating expenses in the statements of operations. The Company has three open years of tax returns subject to examination.
Stock-Based Compensation, Including Options and Warrants	Use of equity for compensation is a material part of the Company’s near-term strategy. The Company recognizes the cost of stock-based compensation plans and awards in operations on a straight-line basis over the respective vesting period of the awards. The Company measures and recognizes compensation expense for all stock-based payment awards made to employees, directors, consultants and advisors. The compensation expense for the Company’s stock-based payments is based on estimated fair values at the time of the grant. The Company estimates the fair value of stock-based payment awards on the date of grant using the Black-Scholes option pricing model. This option pricing model involves a number of assumptions, including the expected lives of stock options, the volatility of the public market price for the Company’s common stock and interest rates. Stock-based compensation expense recognized during the period is based on the value of the portion of stock-based payment awards that are ultimately expected to vest.	Use of equity for compensation is a material part of the Company’s near-term strategy. The Company recognizes the cost of stock-based compensation plans and awards in operations on a straight-line basis over the respective vesting period of the awards. The Company measures and recognizes compensation expense for all stock-based payment awards made to employees, directors, consultants and advisors. The compensation expense for the Company's stock-based payments is based on estimated fair values at the time of the grant. The Company estimates the fair value of stock-based payment awards on the date of grant using the Black-Scholes option pricing model. This option pricing model involves a number of assumptions, including the expected lives of stock options, the volatility of the public market price for the Company's common stock and interest rates. Stock-based compensation expense recognized during the period is based on the value of the portion of stock-based payment awards that are ultimately expected to vest.
Recently Issued Accounting Pronouncements	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Accounting Standards Codification 606 (“ASC 606”)). ASU No. 2014-09 provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract and estimating the amount of variable consideration to include in the transaction price attributable to each separate performance obligation. Subsequent to the initial standards, the FASB has also issued several ASUs to clarify specific revenue recognition topics. This guidance will be effective for the Company for its fiscal year 2019. The Company will adopt using the modified retrospective approach to initially apply the update and recognize the remaining contract value at the date of application. The Company does not expect the adoption of ASU 2014-09 to have any impact on its total cash flows from operating, investing or financing activities. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment, which removes the second step of the two-step goodwill impairment test. Under ASU 2017-04, an entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. ASU 2017-04 does not amend the optional qualitative assessment of goodwill impairment. Additionally, an entity should consider income tax effects from any tax-deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. ASU 2017-04 is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019; early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company has not elected early adoption of this standard and is currently in the process of evaluating the impact of adopting ASU 2017-04 and cannot currently estimate the financial statement impact of adoption. In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting.” The amendments in this update provide guidance about which changes to the terms or conditions of a share-based award require an entity to apply modification accounting in Topic 718. The guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company does not expect this ASU to materially impact the Company’s consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, ”Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. The Company believes there are no other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Accounting Standards Codification 606 (“ASC 606”)). ASU No. 2014-09 provides guidance for revenue recognition. The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under current guidance. These may include identifying performance obligations in the contract and estimating the amount of variable consideration to include in the transaction price attributable to each separate performance obligation. Subsequent to the initial standards, the FASB has also issued several ASUs to clarify specific revenue recognition topics. This guidance will be effective for the Company for its fiscal year 2019. The Company will adopt using the modified retrospective approach to initially apply the update and recognize the remaining contract value at the date of application. The Company does not expect the adoption of ASU 2014-09 to have any impact on its total cash flows from operating, investing or financing activities. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment, which removes the second step of the two-step goodwill impairment test. Under ASU 2017-04, an entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. ASU 2017-04 does not amend the optional qualitative assessment of goodwill impairment. Additionally, an entity should consider income tax effects from any tax-deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. ASU 2017-04 is effective for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019; early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company has not elected early adoption of this standard and is currently in the process of evaluating the impact of adopting ASU 2017-04 and cannot currently estimate the financial statement impact of adoption. In May 2017, the FASB issued ASU No. 2017-09, “Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting.” The amendments in this update provide guidance about which changes to the terms or conditions of a share-based award require an entity to apply modification accounting in Topic 718. The guidance will be effective for the Company for its fiscal year 2018, with early adoption permitted. The Company does not expect this ASU to materially impact the Company’s consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “Leases (Topic 842)”. Under this guidance, an entity is required to recognize right-of-use assets and lease liabilities on its balance sheet and disclose key information about leasing arrangements. This guidance offers specific accounting guidance for a lessee, a lessor and sale and leaseback transactions. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period, and requires a modified retrospective adoption, with early adoption permitted. The Company does not expect the adoption to have a material impact on its consolidated financial statements upon adoption. The Company believes there are no other new pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Property and Equipment (Tables)

Property and Equipment (Tables)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Property And Equipment
Schedule of Equipment	May 31, February 28, 2018 2018 Office equipment and furniture 42,745 43,088 Less accumulated depreciation (22,272 ) (20,655 ) Property and equipment, net 20,473 22,433	Property and equipment are as follows: February 28, February 28, 2018 2017 Office equipment and furniture $ 43,088 $ 528,034 Less accumulated depreciation (20,655 ) (526,222 ) Property and equipment, net $ 22,433 $ 1,812

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Stockholders Equity
Schedule of computing the fair value of the warrants using the Black-Scholes pricing model	July 20, July 27, February 6, February 15, February 16, 2017 2017 2018 2018 2018 Weighted-average volatility 263 % 263 % 157 % 153 % 158 % Expected dividends None None None None None Expected term (in years) 10.00 10.00 1.00 1.00 1.00 Weighted-average risk-free interest rate 1.17 % 1.16 % 2.00 % 1.99 % 2.00 % Weighted-average fair value of warrants granted $ 0.20 $ 0.27 $ 0.15 $ 0.14 $ 0.17	The Company utilized the following key assumptions in computing the fair value of the warrants using the Black-Scholes pricing model: July 20, July 27, February 6, February 15, February 16, 2017 2017 2018 2018 2018 Weighted-average volatility 263 % 263 % 157 % 153 % 158 % Expected dividends None None None None None Expected term (in years) 10.00 10.00 1.00 1.00 1.00 Weighted-average risk-free interest rate 1.17 % 1.16 % 2.00 % 1.99 % 2.00 % Weighted-average fair value of warrants granted $ 0.20 $ 0.27 $ 0.15 $ 0.14 $ 0.17
Summary of stock warrant activity	Number of Warrants Outstanding - February 28, 2017 4,480,000 Granted 6,944,740 Canceled or expired (2,430,000 ) Outstanding - February 28, 2018 9,044,740 Granted - Canceled or expired - Outstanding - May 31, 2018 9,044,740 Exercisable at May 31, 2018 9,044,740	The following table summarizes information about the Company’s stock warrant activity during the fiscal years 2018 and 2017: Number of Warrants Outstanding - February 28, 2016 2,050,000 Granted 2,430,000 Canceled or expired - Outstanding - February 28, 2017 4,480,000 Granted 6,994,740 Canceled or expired (2,430,000 ) Outstanding - February 28, 2018 9,044,740 Exercisable at February 28, 2018 9,044,740
Summary of stock warrants outstanding	Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $ 0.10 7,394,740 5.67 $ 0.10 7,394,740 $ 0.10 $ 0.15 300,000 6.85 $ 0.15 300,000 $ 0.15 $ 0.25 850,000 6.93 $ 0.25 850,000 $ 0.25 $ 0.30 500,000 7.28 $ 0.30 500,000 $ 0.30 $ 0.10 - $0.30 9,044,740 5.92 $ 0.13 9,044,740 $ 0.13	The following table summarizes information about stock warrants outstanding as of February 28, 2018: Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $0.10 7,394,740 5.92 $ 0.10 7,394,740 $ 0.10 $0.15 300,000 7.10 $ 0.15 300,000 $ 0.15 $0.25 850,000 7.19 $ 0.25 850,000 $ 0.25 $0.30 500,000 7.54 $ 0.30 500,000 $ 0.30 $0.10 - $0.30 9,044,740 6.17 $ 0.13 9,044,740 $ 0.13

Stock Options (Tables)

Stock Options (Tables)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Stock Options
Schedule of computing the fair value of the options using the Black-Scholes pricing model	February 16, 2018 Weighted-average volatility 153 % Expected dividends None Expected term (in years) 1.00 Weighted-average risk-free interest rate 2.00 %	The Company utilized the following key assumptions in computing the fair value of the options using the Black-Scholes pricing model: February 16, 2018 Weighted-average volatility 153 % Expected dividends None Expected term (in years) 1.00 Weighted-average risk-free interest rate 2.00 %
Summary of stock options activity	Number of Options Weighted Average Exercise Price Outstanding - February 28, 2017 6,692,310 $ 0.16 Granted 1,035,159 $ 0.10 Canceled or expired (1,492,310 ) $ 0.14 Outstanding - February 28, 2018 6,235,159 $ 0.16 Granted - - Canceled or expired - - Outstanding - May 31, 2018 6,235,159 $ 0.16 Exercisable at May 31, 2018 6,235,159 $ 0.16	The following table summarizes information about the Company’s stock options as of February 28, 2018 and activity during the fiscal years 2018 and 2017: Number of Options Weighted Average Exercise Price Outstanding - February 28, 2016 6,542,310 $ 0.17 Granted 150,000 $ 0.10 Canceled or expired - - Outstanding - February 28, 2017 6,692,310 $ 0.16 Granted 1,035,159 $ 0.10 Canceled or expired (1,492,310 ) $ 0.14 Outstanding - February 28, 2018 6,235,159 $ 0.16 Exercisable at February 28, 2018 6,235,159 $ 0.16
Summary of stock options outstanding	Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $ 0.10 4,885,159 5.62 $ 0.10 4,885,159 $ 0.10 $ 0.15 200,000 7.52 $ 0.15 200,000 $ 0.15 $ 0.30 700,000 7.17 $ 0.30 700,000 $ 0.30 $ 0.54 375,000 5.68 $ 0.54 375,000 $ 0.54 $ 1.00 75,000 3.36 $ 1.00 75,000 $ 1.00 $ 0.10 - $1.00 6,235,159 5.83 $ 0.16 6,235,159 $ 0.16	The following table summarizes information about stock options outstanding as of February 28, 2018: Exercise Price Number Outstanding Weighted Average Remaining Life (years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercisable Price $0.10 4,885,159 5.87 $ 0.10 4,885,159 $ 0.10 $0.15 200,000 7.77 $ 0.15 200,000 $ 0.15 $0.30 700,000 7.42 $ 0.30 700,000 $ 0.30 $0.54 375,000 5.93 $ 0.54 375,000 $ 0.54 $1.00 75,000 3.62 $ 1.00 75,000 $ 1.00 $0.10 - $1.00 6,235,159 6.08 $ 0.16 6,235,159 $ 0.16

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Income Taxes Tables Abstract
Schedule of income tax provisions	May 31, 2018 February 28, 2018 Net tax loss carry-forwards $ 17,132,786 $ 15,888,098 Statutory rate 21 % 21 % Expected tax recovery 3,597,885 3,336,501 Change in valuation allowance (3,597,885 ) (3,336,501 ) Income tax provision $ $ - Components of deferred tax asset: Non capital tax loss carry forwards $ 3,597,885 $ 3,336,501 Less: valuation allowance (3,597,885 ) (3,336,501 ) Net deferred tax asset $ - $ -	2018 2017 Net tax loss carry-forwards $ 15,888,098 $ 11,627,532 Statutory rate 21 % 34 % Expected tax recovery 3,336,501 3,953,361 Change in valuation allowance (3,336,501 ) (3,953,361 ) Income tax provision $ - $ - Components of deferred tax asset: Non capital tax loss carry forwards $ 3,336,501 $ 3,953,361 Less: valuation allowance (3,336,501 ) (3,953,361 ) Net deferred tax asset $ - $ -

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Earnings Loss Per Share
Reconciliation of basic and diluted earnings per share	The following tables provide a reconciliation of the numerators and denominators used in calculating basic and diluted earnings (loss) per share for the first quarter of fiscal years 2019 and 2018: Fiscal 2019 Fiscal 2018 Basic earnings (loss) per share calculation: Net loss to common shareholders $ (2,256,142 ) $ (1,101,248 ) Weighted average number of common shares outstanding 86,876,957 55,059,804 Basic net loss per share $ (0.03 ) $ (0.02 ) Diluted earnings (loss) per share calculation: Net loss to common shareholders $ (2,256,142 ) $ (1,101,248 ) Weighted average number of common shares outstanding 86,876,957 55,059,804 Stock options (1) - - Warrants (2) - - Diluted weighted average common shares outstanding 86,876,957 55,059,804 Diluted net loss per share $ (0.03 ) $ (0.02 ) _________ (1) At May 31, 2018 and May 31, 2017, there were 6,235,159 and 2,392,310, respectively, of stock options equivalent to common shares outstanding. The stock options are anti-dilutive at May 31, 2018 and May 31, 2017 and therefore, have been excluded from diluted earnings (loss) per share. (2) At May 31, 2018 and May 31, 2017, there were outstanding warrants equivalent to 9,044,740 and 4,660,000 common shares, respectively. The warrants are anti-dilutive at May 31, 2018 and May 31, 2017 and therefore, have been excluded from diluted earnings (loss) per share.	The following tables provide a reconciliation of the numerators and denominators used in calculating basic and diluted earnings (loss) per share for the fiscal years 2018 and 2017: Fiscal 2018 Fiscal 2017 Basic earnings (loss) per share calculation: Net loss to common shareholders $ (10,243,396 ) $ (7,219,626 ) Weighted average number of common shares outstanding 61,786,169 44,840,743 Basic net loss per share $ (0.17 ) $ (0.16 ) Diluted earnings (loss) per share calculation: Net loss to common shareholders $ (10,243,396 ) $ (7,219,626 ) Weighted average number of common shares outstanding 61,786,169 44,840,743 Stock options (1) - - Warrants (2) - - Diluted weighted average common shares outstanding 61,786,169 44,840,743 Diluted net loss per share $ (0.17 ) $ (0.16 ) (1) At both February 28, 2018 and February 28, 2017, there were outstanding stock options equivalent to 6,437,600 and 6,692,310 common shares, respectively. The stock options are anti-dilutive at February 28, 2018 and February 28, 2017 and therefore, have been excluded from diluted earnings (loss) per share. (2) At February 28, 2018 and February 28, 2017, there were outstanding warrants equivalent to 7,080,000 and 8,510,000 common shares, respectively. The warrants are anti-dilutive at February 28, 2018 and February 28, 2017 and therefore, have been excluded from diluted earnings (loss) per share.

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Summary of allocation of the purchase price to assets		The allocation of the purchase price to assets based upon fair value determinations was as follows: Cash $ 2,240 Related Party Payable (42,380 ) Accrued Salary (82,565 ) Total Net Liabilities Assumed $ (122,705 )
Summary of purchase price		The purchase price consisted of the following: Total Net Liabilities Assumed $ 122,705 Common Stock 731,250 Total Compensation Expense and Purchase Price $ 853,955
Summary of identifiable assets acquired and liabilities assumed		According to the purchase method of accounting, the Company recognized the identifiable assets acquired and liabilities assumed as follows: Assets, net $ 34,708 Customer Lists 77,295 Intellectual Property 30,842 Trademarks 19,475 Goodwill 1,317,680 Total Assets Acquired $ 1,480,000
Schedule of purchase price		The purchase price consisted of the following: Convertible note payable – related party $ 400,000 Common Stock 1,080,000 Total Purchase Price $ 1,480,000
Supplemental pro forma results of operations		The unaudited supplemental pro forma results of operations of the combined entities had the dates of the acquisitions been March 1, 2016 is as follows: Combined Pro Forma: For Fiscal Years 2017 Revenues $ 333,879 Cost of revenues 475,308 Gross profit (loss) (141,429 ) Operating expenses: Selling, general and administrative expenses 5,323,560 Loss from operations (5,464,989 ) Other income (expense) (1,744,049 ) Net loss $ (7,209,038 ) Weighted average number of common shares Outstanding – basic and fully diluted 44,840,743 Net loss per share – basic and fully diluted $ (0.16 )
Purchase price to assets based upon fair value determinations		The allocation of the purchase price to assets based upon fair value determinations was as follows: Non-compete agreements $ 700 Customer Lists 66,800 Total Assets Acquired $ 67,500
Purchase price consisted of fair value determinations		The purchase price consisted of the following: Cash $ 7,500 Common Stock 60,000 Total Purchase Price $ 67,500
Comencia, Inc. Acquisition [Member]
Summary of identifiable assets acquired and liabilities assumed	Cash 11,989 Other assets 13,115 Total assets 25,104 Accrued expenses (12,741 ) Long-term payables (52,422 ) Total liabilities (65,163 ) Customer Lists 33,000 Intellectual Property 48,800 Trademarks 7,000 Total intangibles 88,800 Total assets acquired, net 48,741 Additional consideration given as compensation expense 701,259 Total consideration 750,000	According to the purchase method of accounting, the Company recognized the identifiable assets acquired and liabilities assumed as follows: Cash 11,989 Other assets 13,115 Total assets 25,104 Accrued expenses (12,741 ) Long-term payables (52,422 ) Total liabilities (65,163 ) Customer Lists 33,000 Intellectual Property 48,800 Trademarks 7,000 Total intangibles 88,800 Total assets acquired, net 48,741 Additional consideration given as compensation expense 701,259 Total consideration 750,000
Supplemental pro forma results of operations	Combined Pro Forma: For Fiscal Quarter 2018 Revenues $ 111,300 Cost of revenues 120,448 Gross profit (loss) (9,148 ) Operating expenses: Selling, general and administrative expenses 1,082,168 Loss from operations (1,092,624 ) Other income (expense) 9,724 Net loss $ (1,101,348 ) Weighted average number of common shares Outstanding – basic and fully diluted 55,059,804 Net loss per share – basic and fully diluted $ (0.02 )	The unaudited supplemental pro forma results of operations of the combined entities had the date of the acquisition been March 1, 2017 or March 1, 2016 are as follows: Combined Pro Forma: For Fiscal Years 2018 2017 Revenues $ 367,923 $ 251,713 Cost of revenues 1,053,184 562,216 Gross profit (loss) (685,261 ) (310,503 ) Operating expenses: Selling, general and administrative expenses 7,454,580 5,218,597 Loss from operations (8,139,841 ) (5,529,100 ) Other income (expense) (2,096,091 ) (1,744,049 ) Net loss $ (10,235,932 ) $ (7,273,149 ) Weighted average number of common shares Outstanding – basic and fully diluted 61,786,169 44,840,743 Net loss per share – basic and fully diluted $ (0.17 ) $ (0.16 )
Purchase price to assets based upon fair value determinations	Common stock 750,000 Total purchase price 750,000	The purchase price consisted of the following: Common stock 750,000 Total purchase price 750,000
Congo Ltd. Acquisition [Member]
Summary of identifiable assets acquired and liabilities assumed	Developed Technology, Platform and code base 420,000 Developed Technology, New code base and databases 432,000 Assembled Workforce 35,000 Goodwill 78,000 Total intangibles and goodwill 965,000 Total assets acquired, net 965,000	According to the replacement cost method of accounting, the Company recognized the identifiable assets acquired as follows: Developed Technology, Platform and code base 420,000 Developed Technology, New code base and databases 432,000 Assembled Workforce 35,000 Goodwill 78,000 Total intangibles and goodwill 965,000 Total assets acquired, net 965,000
Purchase price to assets based upon fair value determinations	Common stock 840,000 Cash consideration 75,000 Earnest money 50,000 Total purchase price 965,000	The purchase price consisted of the following: Common stock 840,000 Cash consideration 75,000 Earnest money 50,000 Total purchase price 965,000
CityInformation [Member]
Summary of identifiable assets acquired and liabilities assumed	Developed Technology, App Portfolio 250,000 Developed Technology, App Handles 135,000 Assembled Workforce 40,000 Goodwill 396,667 Total intangibles and goodwill 821,667 Total assets acquired, net 821,667	According to the replacement cost method of accounting, the Company recognized the identifiable assets acquired as follows: Developed Technology, App Portfolio 250,000 Developed Technology, App Handles 135,000 Assembled Workforce 40,000 Goodwill 396,667 Total intangibles and goodwill 821,667 Total assets acquired, net 821,667
Purchase price to assets based upon fair value determinations	Common stock 821,667 Total purchase price 821,667	The purchase price consisted of the following: Common stock 821,667 Total purchase price 821,667

Nature of Business and Summary

Nature of Business and Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
State Country Name	State of Minnesota
Accumulated deficit	$ (51,142,038)		$ (48,885,896)	$ (38,642,500)
Allowance for doubtful accounts	5,389		5,456	23,219
Impairment expense	(1,721,760)		(1,721,760)	(1,725,009)
Federal deposit insurance amount	250,000
Depreciation expense	$ 1,842	$ 1,300	6,022	2,782
Insurance				250,000
Bad debt expense				$ 114,829
Minimum [Member]
Property and equipment useful lives	P3Y		P3Y
Maximum [Member]
Property and equipment useful lives	P5Y		P5Y

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated Deficit	$ (51,142,038)	$ (48,885,896)	$ (38,642,500)

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Property And Equipment Details Abstract
Office equipment and furniture	$ 42,745	$ 43,088	$ 528,034
Less accumulated depreciation	(22,272)	(20,655)	(526,222)
Property and equipment, net	$ 20,473	$ 22,433	$ 1,812

Property and Equipment (Detai36

Property and Equipment (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Property And Equipment Details Narrative Abstract
Depreciation Expense	$ 1,842	$ 1,300	$ 6,022	$ 2,782

Prepaid Domain Names (Details N

Prepaid Domain Names (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Annual domain renewal fees	$ 19,001	$ 81,702	$ 214,304	$ 165,573
Cost of revenues	54,574	$ 59,053	136,328	82,370
Prepaid domain name renewal fees	$ 42,451		77,977	105,775
Remaining domain renewal fees			$ 77,977	$ 105,775
Minimum [Member]
Cost of domain			$ 1.75
Maximum [Member]
Cost of domain			$ 129

Accrued Expenses and Deferred38

Accrued Expenses and Deferred Revenue (Details Narrative) - USD ($)	Dec. 05, 2016	Feb. 10, 2016	Feb. 16, 2018	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Deferred revenue				$ 170,000	$ 170,000	$ 190,000
Subscription receivable
Damages awarded value				552,976	552,976
Accrued expenses - related parties				542,066	552,976	280,900
Domain marketing development obligation				192,869	145,906
Chief Executive Officer [Member]
Accrued salary		$ 129,231	$ 70,000			20,000
Domain Marketing Development Obligation [Member]
Proceeds from domain marketing development obligation				46,963	930,556	$ 0
Mr. Pomije [Member]
Subscription receivable	$ 260,900
Employment agreement description	The Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable
Accrued expenses - related parties				542,066	552,976
Litigation settlement paid				10,910
April 18, 2018 [Member] | Mr. Pomije [Member]
Attorney's fees and costs				296,488	296,488
Damages awarded value				$ 256,488	$ 256,488

Stockholders Equity (Details)

Stockholders Equity (Details) - $ / shares	Feb. 06, 2018	Feb. 16, 2018	Feb. 15, 2018	Jul. 27, 2017	Jul. 20, 2017
Stockholders Equity Details Abstract
Weighted-average volatility	157.00%	158.00%	153.00%	263.00%	263.00%
Expected dividends	0.00%	0.00%	0.00%	0.00%	0.00%
Expected term (in years)	1 year	1 year	1 year	10 years	10 years
Weighted-average risk-free interest rate	2.00%	2.00%	1.99%	1.16%	1.17%
Weighted-average fair value of warrants granted	$ 0.15	$ 0.17	$ 0.14	$ 0.27	$ 0.20

Stockholders Equity (Details 1)

Stockholders Equity (Details 1) - shares	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Stockholders Equity Details 1Abstract
Number of Warrants Outstanding - Begning	9,044,740	4,480,000	2,050,000
Granted		6,994,740	2,430,000
Canceled or expired		(2,430,000)
Number of Warrants Outstanding - Ending	9,044,740	9,044,740	4,480,000
Exercisable at End of Year	9,044,740

Stockholders Equity (Details 2)

Stockholders Equity (Details 2) - $ / shares	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Number exercisable	9,044,740
Warrant [Member]
Number outstanding	9,044,740	9,044,740
Weighted average remaining life (years)	5 years 11 months 1 day	6 years 2 months 1 day	56 months 4 days
Number exercisable	9,044,740
Warrant [Member] | Minimum [Member]
Exercise Prices	$ 0.10	$ 0.10	$ 0.10
Warrant [Member] | Maximum [Member]
Exercise Prices	0.30	0.30	$ 0.30
Warrant [Member] | 0.10 [Member]
Exercise Prices	$ 0.10	$ 0.10
Number outstanding	7,394,740	7,394,740
Weighted average remaining life (years)	5 years 8 months 2 days	5 years 11 months 1 day
Weighted average exercise price	$ 0.10	$ 0.10
Number exercisable	7,394,740	7,394,740
Weighted Average Exercisable Price	0.10	0.10
Warrant [Member] | 0.15 [Member]
Weighted average remaining life (years)		7 years 1 month 6 days
Warrant [Member] | 0.25 [Member]
Exercise Prices	$ 0.25	$ 0.25
Number outstanding	850,000	850,000
Weighted average remaining life (years)	6 years 11 months 4 days	7 years 2 months 8 days
Weighted average exercise price	$ 0.25	$ 0.25
Number exercisable	850,000	850,000
Weighted Average Exercisable Price	0.25	0.25
Warrant [Member] | 0.30 [Member]
Exercise Prices	$ 0.30	$ 0.30
Number outstanding	500,000	500,000
Weighted average remaining life (years)	7 years 3 months 11 days	7 years 6 months 14 days
Weighted average exercise price	$ 0.30	$ 0.30
Number exercisable	500,000	500,000
Weighted Average Exercisable Price	0.30	0.30
Warrant [Member] | 0.13 [Member]
Weighted average exercise price	$ 0.13	$ 0.13
Number exercisable	9,044,740	9,044,740
Weighted Average Exercisable Price	0.13	0.13
Stock Option [Member]
Weighted average remaining life (years)		6 years 29 days
Stock Option [Member] | 0.10 [Member]
Exercise Prices	$ 0.10	$ 0.10
Number outstanding	4,885,159	4,885,159
Weighted average remaining life (years)	5 years 7 months 13 days	5 years 10 months 14 days
Weighted average exercise price	$ 0.10	$ 0.10
Number exercisable	4,885,159	4,885,159
Weighted Average Exercisable Price	0.10	0.10
Stock Option [Member] | 0.15 [Member]
Exercise Prices	$ 0.15	$ 0.15
Number outstanding	300,000	200,000
Weighted average remaining life (years)	6 years 10 months 6 days	7 years 9 months 7 days
Weighted average exercise price	$ 0.15	$ 0.15
Number exercisable	300,000	200,000
Weighted Average Exercisable Price	0.15	0.15
Stock Option [Member] | 0.30 [Member]
Exercise Prices	$ 0.30	$ 0.30
Number outstanding	700,000	700,000
Weighted average remaining life (years)	7 years 2 months 1 day	7 years 5 months 1 day
Weighted average exercise price	$ 0.30	$ 0.30
Number exercisable	700,000	700,000
Weighted Average Exercisable Price	0.30	0.30

Stockholders Equity (Details Na

Stockholders Equity (Details Narrative) - USD ($)	May 16, 2018	May 09, 2018	Feb. 08, 2018	Feb. 06, 2018	Dec. 07, 2017	Sep. 14, 2016	Mar. 05, 2016	Feb. 10, 2016	May 31, 2018	Feb. 16, 2018	Feb. 15, 2018	Oct. 27, 2017	Jul. 27, 2017	Jul. 20, 2017	May 18, 2016	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017	Oct. 31, 2018	Dec. 22, 2017
Digital currencies									$ 1,380,156							$ 1,380,156
Common stock shares granted																		6,994,740	2,430,000
Number of Warrants Outstanding - Ending									9,044,740							9,044,740		9,044,740	4,480,000
Weighted-average volatility rate				157.00%						158.00%	153.00%		263.00%	263.00%
Stock-based compensation expense																$ 0	$ 0	$ 0	$ 11,948
Exercise of stock options, Amount																		20,000	11,948
Common stock value									$ 1,257,493							1,257,493		845,098	526,060
Stock issued for domain names, Amount																			154,740
Interest expense																593,414	9,724	(374,331)	(19,040)
Foreign currency translation adjustment																$ (1,376)	$ 3,528	3,230	1,868
Stock issued for acquisitions, Amount																		2,411,667	$ 1,871,250
Rezserve Technologies [Member]
Aggregate shares						3,000,000
Stock purchase agreement						100.00%
Aggregate purchased value						$ 1,480,000
Common stock value						1,080,000
Convertible note payable						$ 400,000														$ 400,000	$ 400,000
Interest rate						0.00%
Interest expense						$ (19,040)												$ (38,000)
Cloud.Market Acquisition [Member]
Common stock shares issued, shares							750,000
Common stock shares issued value							$ 7,500
Common stock value							$ 60,000
Warrant [Member]
Common stock shares granted
Number of Warrants Outstanding - Ending									9,044,740							9,044,740		9,044,740	4,660,000
Warrants exercise price																		$ 0.13	$ 0.14
Weighted average remaining exercise period																5 years 11 months 1 day		6 years 2 months 1 day	56 months 4 days
Exercise of stock options per share																		$ 0.10	$ 0.0797
Stock-based compensation expense																		$ 1,340,175	$ 11,948
Aggregate shares																		6,694,740	150,000
Warrant [Member] | February 2019 [Member]
Warrants exercisable																		2,964,740
Warrant [Member] | Through 2026 [Member]
Warrants exercisable																		30,000
Warrant [Member] | Through 2027 [Member]
Warrants exercisable																		4,000,000
Warrant [Member] | Maximum [Member]
Warrants expiration date																		10 years	10 years
Exercise Prices									$ 0.30							$ 0.30		$ 0.30	$ 0.30
Warrant [Member] | Minimum [Member]
Warrants expiration date																		1 year	1 year
Exercise Prices									$ 0.10							$ 0.10		$ 0.10	$ 0.10
Chief Executive Officer [Member]
Conversion of stock shares converted								1,292,310		700,000
Vesting period								12 years		12 years
Stock Payable [Member]
Exercise of stock options, Amount
Stock issued for domain names, Amount
Stock issued for acquisitions, Amount																			$ 731,250
Investors [Member] | Warrant [Member]
Common stock shares granted																		6,944,740
Warrants exercise price																		$ 0.13
Exercise of stock options per share																		$ 0.10
Stock-based compensation expense																		$ 1,340,175
Investors [Member] | Warrant [Member] | February 2019 [Member]
Warrants exercisable																		2,964,740
Investors [Member] | Warrant [Member] | Through 2026 [Member]
Warrants exercisable																		30,000
Investors [Member] | Warrant [Member] | Through 2027 [Member]
Warrants exercisable																		4,000,000
Fiscal 2019 Stock Transactions [Member]
Common stock shares issued, shares																3,322,372
Common stock shares issued value																$ 436,406
Shares reserved for future issuance									15,000							15,000
Exchange shares valued									$ 3,000							$ 3,000
Fiscal 2019 Stock Transactions [Member] | PowerUp Lending Group Ltd [Member]
Conversion of stock shares converted	1,277,498
Gains losses on extinguishment of debt	$ 75,000
Accrued unpaid interest	$ 4,500
Fiscal 2019 Stock Transactions [Member] | Donovan Olson [Member]
Conversion of stock shares converted		1,000,000
Gains losses on extinguishment of debt		$ 100,000
Fiscal 2019 Stock Transactions [Member] | Greg Foss [Member]
Conversion of stock shares converted		1,000,000
Gains losses on extinguishment of debt		$ 100,000
Fiscal 2019 Stock Transactions [Member] | Derek Schumann [Member]
Conversion of stock shares converted		1,000,000
Gains losses on extinguishment of debt		$ 100,000
Fiscal 2019 Stock Transactions [Member] | Darvin Habben [Member]
Conversion of stock shares converted		5,380,274
Gains losses on extinguishment of debt		$ 500,000
Accrued unpaid interest		$ 38,027
Fiscal 2019 Stock Transactions [Member] | Investors [Member]
Common stock shares issued, shares																26,774,352
Common stock shares issued value																$ 566,950
Digital currencies									$ 1,659							1,659
Fiscal 2019 Stock Transactions [Member] | Investors [Member] | Stock Payable [Member]
Common stock shares issued value																$ 1,828,200
Fiscal 2018 Stock Transactions [Member]
Common stock shares issued, shares			6,799,361						2,130,500							8,512,776		8,512,776
Common stock shares issued value																$ 1,763,168		$ 1,763,168
Expenses																		$ 1,191,349
Exercise of stock options, Shares																200,000
Exercise of stock options, Amount																$ 20,000
Fiscal 2018 Stock Transactions [Member] | Congo Ltd [Member]
Common stock shares granted					3,000,000
Closing price per share					$ 0.28
Fair value of common stock					$ 840,000
Fiscal 2018 Stock Transactions [Member] | CityInformation [Member]
Common stock shares granted												2,833,333
Closing price per share												$ 0.29
Fair value of common stock												$ 821,667
Fiscal 2018 Stock Transactions [Member] | July 1, 2017 [Member] | Comencia, Inc [Member]
Common stock shares granted																2,500,000		2,500,000
Closing price per share																$ 0.30		$ 0.30
Fair value of common stock																$ 750,000		$ 750,000
Fiscal 2018 Stock Transactions [Member] | Chief Executive Officer [Member]
Common stock shares granted															9,042,250
Vesting period															2 years
Fiscal 2018 Stock Transactions [Member] | Stock Payable [Member]
Common stock shares issued value																521,792		521,792
Expenses converted in common stock																$ 124,996		$ 124,996
Conversion price per share									$ 0.10							$ 0.10		$ 0.10
Stock value per share									$ 0.23							$ 0.23		$ 0.23
Loss on conversion of expenses to stock payable																$ 316,526		$ 316,526
Stock payable conversion amount																		$ 276,769
Fiscal 2018 Stock Transactions [Member] | Investors [Member]
Common stock shares issued, shares																14,857,715		14,857,715
Common stock shares issued value																$ 1,662,732		$ 1,662,732
Fiscal 2018 Stock Transactions [Member] | Investors [Member] | Stock Payable [Member]
Common stock shares issued value																$ 2,559,061		$ 2,559,061
Fiscal 2018 Stock Transactions [Member] | Three employment agreements [Member]
Common stock shares granted																		1,585,000	1,585,000
Expenses																		$ 165,436	$ 165,436
Fiscal 2018 Stock Transactions [Member] | Three employment agreements [Member] | Maximum [Member]
Common stock shares granted																		1,025,000
Vesting period																		24 months
Fiscal 2018 Stock Transactions [Member] | Three employment agreements [Member] | Minimum [Member]
Common stock shares granted																		120,000
Vesting period																		6 months
Fiscal 2018 Stock Transactions [Member] | Employment Agreement [Member]
Common stock shares issued, shares			6,799,361													2,130,500
Fiscal 2018 Stock Transactions [Member] | Contractors and employees [Member]
Common stock shares granted																		8,512,776	1,600,812
Expenses																		$ 1,763,168	$ 503,710
Fiscal 2018 Stock Transactions [Member] | Contractors and employees [Member] | Maximum [Member]
Vesting period																		24 months	24 months
Fiscal 2018 Stock Transactions [Member] | Contractors and employees [Member] | Minimum [Member]
Vesting period																		6 months	6 months
Fiscal 2019 Stock Transactions One [Member] | Darvin Habben [Member]
Conversion of stock shares converted		15,000,000
Gains losses on extinguishment of debt		$ 150,000
Fiscal 2017 Stock Transactions [Member]
Expenses																		$ 812,912
Aggregate shares																			435,000
Additional stock compensation expense																			$ 30,450
Fiscal 2017 Stock Transactions [Member] | Chief Executive Officer [Member]
Common stock shares granted															9,042,250
Vesting period															2 years
Fiscal 2017 Stock Transactions [Member] | Investors [Member]
Common stock shares issued, shares																			6,999,707
Common stock shares issued value																			$ 2,377,950
Fiscal 2017 Stock Transactions [Member] | Investors [Member] | Stock Payable [Member]
Common stock shares issued value																			800,500
Fiscal 2017 Stock Transactions [Member] | Appointment.com [Member] | December 1, 2016 [Member]
Aggregate purchased value																			1,625,000
Stock issued for acquisitions, Amount																			731,250
Fiscal 2017 Stock Transactions [Member] | Three individuals [Member]
Paid in cash																			$ 46,500
Stock issued for domain names, Shares																			369,750
Stock issued for domain names, Amount																			$ 154,740
Fiscal 2017 Stock Transactions [Member] | Directors and Consultants [Member]
Stock issued for compensation, Shares																			775,000
Fiscal 2017 Stock Transactions [Member] | Directors and Consultants [Member] | Stock Payable [Member]
Common stock shares issued value																			$ 845,600
Fair value of common stock																			$ 1,217,600
Fiscal 2017 Stock Transactions [Member] | Four employment agreements [Member]
Common stock shares granted																			2,220,000
Expenses																			$ 154,921
Fiscal 2017 Stock Transactions [Member] | Four employment agreements [Member] | Maximum [Member]
Common stock shares granted																			1,000,000
Vesting period																			48 months
Fiscal 2017 Stock Transactions [Member] | Four employment agreements [Member] | Minimum [Member]
Common stock shares granted																			250,000
Vesting period																			12 months
Fiscal 2017 Stock Transactions [Member] | Four advisors and employees [Member]
Common stock shares granted																			495,000
Expenses																			$ 44,508
Vesting period																			24 months

Stock Options (Details)

Stock Options (Details)	Feb. 06, 2018	Feb. 16, 2018	Feb. 15, 2018	Jul. 27, 2017	Jul. 20, 2017
Weighted-average volatility	157.00%	158.00%	153.00%	263.00%	263.00%
Expected dividends	0.00%	0.00%	0.00%	0.00%	0.00%
Expected term (in years)	1 year	1 year	1 year	10 years	10 years
Weighted-average risk-free interest rate	2.00%	2.00%	1.99%	1.16%	1.17%
Stock Option [Member]
Weighted-average volatility		153.00%
Expected dividends		0.00%
Expected term (in years)		1 year
Weighted-average risk-free interest rate		2.00%

Stock Options (Details 1)

Stock Options (Details 1) - $ / shares	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Number of Shares
Granted		6,994,740	2,430,000
Exercisable at End of Year	9,044,740
Stock Option [Member]
Number of Shares
Outstanding, Beginning	6,235,159	6,692,310	6,542,310
Granted		1,035,159	150,000
Canceled or expired		(1,492,310)
Outstanding, Ending	6,235,159	6,235,159	6,692,310
Exercisable at End of Year	6,235,159
Weighted Average Exercise Price
Outstanding, Beginning	$ 0.16	$ 0.16	$ 0.17
Granted		0.10	0.10
Canceled or expired		0.14
Outstanding, Ending	0.16	0.16	$ 0.16
Exercisable at End of Year	$ 0.16

Stock Options (Details 2)

Stock Options (Details 2) - $ / shares	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018
Number exercisable	9,044,740
Stock Option [Member]
Number outstanding	6,235,159	6,235,159
Weighted average remaining life (years)	5 years 9 months 29 days
Weighted average exercise price	$ 0.16	$ 0.16
Number exercisable	6,235,159
Weighted Average Exercisable Price	0.16	0.16
Stock Option [Member] | Minimum [Member]
Exercise Prices	$ 0.10	$ 0.10
Stock Option [Member] | Maximum [Member]
Exercise Prices	1	$ 1
Stock Option [Member]
Weighted average remaining life (years)		6 years 29 days
Stock Option [Member] | 0.10 [Member]
Exercise Prices	$ 0.10	$ 0.10
Number outstanding	4,885,159	4,885,159
Weighted average remaining life (years)	5 years 7 months 13 days	5 years 10 months 14 days
Weighted average exercise price	$ 0.10	$ 0.10
Number exercisable	4,885,159	4,885,159
Weighted Average Exercisable Price	0.10	0.10
Stock Option [Member] | 0.15 [Member]
Exercise Prices	$ 0.15	$ 0.15
Number outstanding	300,000	200,000
Weighted average remaining life (years)	6 years 10 months 6 days	7 years 9 months 7 days
Weighted average exercise price	$ 0.15	$ 0.15
Number exercisable	300,000	200,000
Weighted Average Exercisable Price	0.15	0.15
Stock Option [Member] | 0.30 [Member]
Exercise Prices	$ 0.30	$ 0.30
Number outstanding	700,000	700,000
Weighted average remaining life (years)	7 years 2 months 1 day	7 years 5 months 1 day
Weighted average exercise price	$ 0.30	$ 0.30
Number exercisable	700,000	700,000
Weighted Average Exercisable Price	0.30	0.30
Stock Option [Member] | 0.54 [Member]
Exercise Prices	$ 0.54	$ 0.54
Number outstanding	375,000	375,000
Weighted average remaining life (years)	5 years 8 months 5 days	5 years 11 months 4 days
Weighted average exercise price	$ 0.54	$ 0.54
Number exercisable	375,000	375,000
Weighted Average Exercisable Price	0.54	0.54
Stock Option [Member] | 1.00 [Member]
Exercise Prices	$ 1	$ 1
Number outstanding	75,000	75,000
Weighted average remaining life (years)	3 years 4 months 9 days	3 years 7 months 13 days
Weighted average exercise price	$ 1	$ 1
Number exercisable	75,000	75,000
Weighted Average Exercisable Price	1	1

Stock Options (Details Narrativ

Stock Options (Details Narrative) - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Stock options issued to purchase common shares	9,044,740
Stock-based compensation expense	$ 0	$ 0	$ 0	$ 11,948
2006 Employee Stock and Option Plan [Member]
Reserved shares			5,000,000
2006 Employee Stock and Option Plan [Member] | Minimum [Member]
Exercise period range			5 years
2006 Employee Stock and Option Plan [Member] | Maximum [Member]
Exercise period range			10 years
1 officer, 6 employees and 2 contractors [Member]
Stock options issued to purchase common shares			1,035,159
Common stock price per share			$ 0.10
Exercisable period			1 year
Fair value of stock option			$ 151,627
1 Officer expired [Member]
Stock options issued to purchase common shares			200,000
Stock options exercised			$ 20,000
Stock Option [Member]
Stock options issued to purchase common shares	6,235,159
Stock-based compensation expense	$ 0	$ 164,742	$ 164,742	$ 0
Stock Option [Member] | Minimum [Member]
Common stock price per share	$ 0.10		$ 0.10
Stock Option [Member] | Maximum [Member]
Common stock price per share	$ 1		$ 1

Related Party Transactions (Det

Related Party Transactions (Details Narrative)	May 09, 2018USD ($)$ / sharesshares	Jun. 09, 2017USD ($)$ / sharesshares	Dec. 05, 2016USD ($)	Dec. 05, 2016USD ($)	Sep. 14, 2016USD ($)$ / sharesshares	Feb. 10, 2016USD ($)$ / sharesshares	Feb. 16, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)shares	Dec. 22, 2017USD ($)shares	Jul. 27, 2017USD ($)$ / sharesshares	Jul. 20, 2017USD ($)$ / sharesshares	Dec. 31, 2016shares	May 22, 2016shares	May 01, 2018USD ($)	May 31, 2018USD ($)shares	May 31, 2017USD ($)	Feb. 28, 2018USD ($)Numbershares	Feb. 28, 2017USD ($)shares	Oct. 31, 2018USD ($)
Due to advances															$ 7,625		$ 9,847	$ 10,613
Annual domain renewal fees															19,001	$ 81,702	214,304	165,573
Repayments of promissory note															$ (40,000)		$ (30,000)
Common stock share sold | shares															2,950,000		2,100,000	435,000
Proceeds from common shares sold															$ 295,000		$ 250,000
Stock compensation expense																	956,800	$ 30,450
Options valued																	109,846	19,385
Convertible debt beneficial conversion feature																	450,246
Accrued interest																	28,932
Debt discount																	191,507
Debt discount amortization expense															562,923		276,257
Due to related party															120,000		160,000
Subscription receivable
Accrued expenses - related parties															542,066		552,976	$ 280,900
Damages															$ 552,976		$ 552,976
Common stock, shares issued | shares															125,749,320		84,509,824	52,606,000
Debt discount from warrants																	$ 450,000
Cash															$ 20,506		$ 58,712	539,243
Number of operating lease | Number																	1
Lease termination																	30 days
Rezserve Technologies [Member]
Convertible note					$ 400,000				$ 400,000										$ 400,000
Debt instrument converted, amount									$ 210,000
Debt instrument converted shares issued | shares									1,100,000
NonExecutive [Member]
Common shares, granted | shares								600,000
Derek Schumann [Member]
Promissory note payable											$ 100,000
Maturity of debt instrument											1 year
Warrant issued | shares											1,000,000
Warrant discount											$ 100,000
Exercise prices of warrants | $ / shares											$ 0.10
Warrants expiration date											Jul. 20, 2027
Chairman [Member]
Converted shares | shares		2,000,000
Debt instrument conversion price | $ / shares	$ 0.10	$ 0.25
Proceeds from issuance of debt		$ 500,000
Debt instrument converted, amount	$ 500,000
Accrued interest converted amount	$ 38,027
Debt instrument converted shares issued | shares	5,380,274
Maturity of debt instrument		1 year
Convertible debt beneficial conversion feature		$ 300,000
Skidmore [Member]
Convertible note					$ 400,000
Converted shares | shares					1,000,000
Debt instrument conversion price | $ / shares					$ 0.40
Skidmore [Member] | Rezserve Technologies [Member]
Convertible note									$ 210,000
Converted shares | shares									1,100,000
Repayments of promissory note									$ 70,000
Loss on conversion debt amount									$ 13,000
Epik, LLC [Member]
Annual domain renewal fees															748,907		$ 450,500	$ 0
Epik, LLC [Member] | Prepaid Domain Names [Member]
Annual domain renewal fees															260,907		214,304
Robert Monster [Member]
Common stock, shares issued | shares						3,312,811
Non Executive Director [Member]
Common shares, granted | shares												300,000
Mr. Monster [Member]
Issuance of common stock, shares | shares																		536,364
Employment Agreement [Member] | Robert W. Monster [Member]
Stock compensation expense															253,926		1,026,710	$ 1,191,349
Common shares, granted | shares													9,042,250
Accrued salary															60,000		240,000	240,000
Vesting period													2 years
Chief Executive Officer [Member]
Converted shares | shares						1,292,310	700,000
Accrued salary						$ 129,231	$ 70,000											20,000
Exercise price | $ / shares						$ 0.15	$ 0.10
Vesting period						12 years	12 years
Option shares | shares						1,292,310	700,000
Options valued																	161,000	92,507
Mr. Parsons [Member]
Common shares, granted | shares								140,000
Additional shares | shares								200,000
Cash								$ 40,000
Mr. Mills [Member]
Additional shares | shares								200,000
Officer [Member] | Director [Member]
Stock compensation expense																	956,800	$ 835,800
Chairman [Member]
Common shares, granted | shares												350,000
Mr. Pomije [Member]
Subscription receivable			$ 260,900	$ 260,900
Accrued expenses - related parties															542,066		552,976
Description of employment agreement			Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable.	Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable
Warrant Two [Member]
Convertible debt beneficial conversion feature																	150,000
Debt discount amortization expense																	44,384
Debt discount from warrants																	105,616
Warrant One [Member]
Convertible debt beneficial conversion feature																	100,000
Debt discount amortization expense																	30,548
Debt discount from warrants																	69,452
Warrant [Member]
Convertible debt beneficial conversion feature																	100,000
Debt discount amortization expense																	30,548
Debt discount from warrants																	69,452
April 18, 2018 [Member] | Mr. Pomije [Member]
Attorney's fees and costs															296,488		296,488
Damages															256,488		256,488
Convertible Notes Payable [Member]
Accrued interest																	28,932
Debt discount																	191,507
Debt discount amortization expense		$ 108,493													191,507
Imputed interest															3,500		38,000
Promissory Notes Payable Member | Darvin Habben [Member]
Debt instrument conversion price | $ / shares	$ 0.10
Promissory note payable										$ 150,000
Debt instrument converted, amount	$ 150,000
Debt instrument converted shares issued | shares	1,500,000
Maturity of debt instrument										1 year
Debt discount amortization expense															105,616
Warrant issued | shares										1,000,000
Warrant discount										$ 150,000
Exercise prices of warrants | $ / shares										$ 0.10
Warrants expiration date										Jul. 27, 2027
Imputed interest															$ 2,875
Promissory Notes Payable Member | Derek Schumann [Member]
Debt instrument conversion price | $ / shares	$ 0.10
Promissory note payable											$ 100,000
Debt instrument converted, amount	$ 100,000
Debt instrument converted shares issued | shares	1,000,000
Maturity of debt instrument											1 year
Debt discount amortization expense														$ 69,452
Warrant issued | shares											1,000,000
Exercise prices of warrants | $ / shares											$ 0.10
Warrants expiration date											Jul. 20, 2027
Imputed interest														$ 1,917
Promissory Notes Payable Member | Greg Foss [Member]
Converted shares | shares	1,000,000
Debt instrument conversion price | $ / shares	$ 0.10
Promissory note payable	$ 100,000										$ 100,000
Maturity of debt instrument											1 year
Warrant issued | shares											1,000,000
Warrant discount											$ 100,000
Exercise prices of warrants | $ / shares											$ 0.10
Warrants expiration date											Jul. 20, 2027
Promissory Notes Payable Three Member
Imputed interest																	8,877
Promissory Notes Payable Two [Member]
Imputed interest																	6,110
Promissory Notes Payable One [Member]
Imputed interest																	$ 6,110

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Income Taxes Details Abstract
Net tax loss carry-forwards	$ (17,132,786)		$ 15,888,098	$ 11,627,532
Statutory rate	21.00%		21.00%	34.00%
Expected tax recovery	$ 3,597,885		$ 3,336,501	$ 3,953,361
Change in valuation allowance	(3,597,885)		(3,336,501)	(3,953,361)
Income tax provision
Components of deferred tax asset:
Non capital tax loss carry forwards	3,597,885		3,336,501	3,953,361
Less: valuation allowance	(3,597,885)		(3,336,501)	(3,953,361)
Net deferred tax asset

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Income Taxes Details Narrative Abstract
Net tax loss carry-forwards	$ (17,132,786)	$ 15,888,098	$ 11,627,532
Expire period	2,038	2,038

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	Dec. 05, 2016USD ($)	Dec. 05, 2016USD ($)	May 31, 2018USD ($)	Feb. 28, 2018USD ($)Number	Feb. 28, 2017USD ($)
Subscription receivable
Number of operating lease | Number				1
Lease termination				30 days
Gross rent				$ 2,600
Accrued expenses - related parties			542,066	552,976	$ 280,900
Damages			552,976	552,976
Mr. Pomije [Member]
Subscription receivable	$ 260,900	$ 260,900
Accrued expenses - related parties			542,066	552,976
Description of employment agreement	Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable.	Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable
Litigation settlement paid			10,910
April 18, 2018 [Member] | Mr. Pomije [Member]
Attorney's fees and costs			296,488	296,488
Damages			$ 256,488	$ 256,488

Common Stock Subscriptions Re51

Common Stock Subscriptions Receivable (Details Narrative)	12 Months Ended
	Feb. 28, 2017USD ($)
Common Stock Subscriptions Receivable
Stock issued	$ 5,000
Accrued additional stock	7,150
Total amount	$ 12,150

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018		Feb. 28, 2017
Basic earnings (loss) per share calculation:
Net loss to common shareholders	$ (2,256,142)	$ (10,243,396)		$ (7,219,626)
Weighted average number of common shares outstanding	86,876,957	61,786,169		43,384,632
Basic net loss per share	$ (0.03)	$ (0.17)		$ (0.16)
Diluted earnings (loss) per share calculation:
Net loss to common shareholders	$ (2,256,142)	$ (10,243,396)		$ (7,219,626)
Weighted average number of common shares outstanding	86,876,957	61,786,169		44,840,743
Stock options (1)			[1]		[1]
Warrants (2)			[2]		[2]
Diluted weighted average common shares outstanding	86,876,957	61,786,169		44,840,743
Diluted net loss per share	$ (0.03)	$ (0.17)		$ (0.16)
[1]	At both February 28, 2018 and February 28, 2017, there were outstanding stock options equivalent to 6,437,600 and 6,692,310 common shares, respectively. The stock options are anti-dilutive at February 28, 2018 and February 28, 2017 and therefore, have been excluded from diluted earnings (loss) per share.
[2]	At February 28, 2018 and February 28, 2017, there were outstanding warrants equivalent to 7,080,000 and 8,510,000 common shares, respectively. The warrants are anti-dilutive at February 28, 2018 and February 28, 2017 and therefore, have been excluded from diluted earnings (loss) per share.

Earnings (Loss) Per Share (De53

Earnings (Loss) Per Share (Details Narrative) - shares	May 31, 2018	Feb. 28, 2018	May 31, 2017	Feb. 28, 2017
Warrant [Member]
Common shares outstanding	9,044,740	7,080,000	4,660,000	8,510,000
Stock Option [Member]
Common shares outstanding	6,235,159	6,437,600	2,392,310	6,692,310

Acquisitions (Details)

Acquisitions (Details) - USD ($)	May 31, 2018	Feb. 28, 2018	Dec. 07, 2017	Feb. 28, 2017
Business Acquisition [Line Items]
Goodwill	$ 0	$ 0		$ 0
Congo Ltd. Acquisition [Member]
Business Acquisition [Line Items]
Developed Technology, Platform and code base			$ 420,000
Developed Technology, New code base and databases			432,000
Assembled Workforce			35,000
Goodwill			78,000
Total intangibles and goodwill			965,000
Total assets acquired, net			$ 965,000

Acquisitions (Details 1)

Acquisitions (Details 1) - USD ($)	May 31, 2018	Feb. 28, 2018	Dec. 07, 2017	Feb. 28, 2017
Common stock, value	$ 1,257,493	$ 845,098		$ 526,060
Total Purchase Price		$ 67,500
Congo Ltd. Acquisition [Member]
Common stock, value			$ 840,000
Cash consideration			75,000
Earnest money			50,000
Total Purchase Price			$ 965,000

Acquisitions (Details 2)

Acquisitions (Details 2) - USD ($)	May 31, 2018	Feb. 28, 2018	Oct. 27, 2017	Feb. 28, 2017
Business Acquisition [Line Items]
Goodwill	$ 0	$ 0		$ 0
Cityinformation B V [Member]
Business Acquisition [Line Items]
Developed Technology, App Portfolio			$ 250,000
Developed Technology, App Handles			135,000
Assembled Workforce			40,000
Goodwill			396,667
Total intangibles and goodwill			821,667
Total assets acquired, net			$ 821,667

Acquisitions (Details 3)

Acquisitions (Details 3) - USD ($)	May 31, 2018	Feb. 28, 2018	Oct. 27, 2017	Feb. 28, 2017
Common stock, value	$ 1,257,493	$ 845,098		$ 526,060
Total Purchase Price		$ 67,500
Cityinformation B V [Member]
Common stock, value			$ 821,667
Total Purchase Price			$ 821,667

Acquisitions (Details 4)

Acquisitions (Details 4) - USD ($)	May 31, 2018	Feb. 28, 2018	Jul. 02, 2017	Feb. 28, 2017
Cash	$ 20,506	$ 58,712		$ 539,243
Total assets	$ 1,495,836	184,314		$ 693,637
Customer Lists		$ 66,800
Comencia, Inc. Acquisition [Member]
Cash			$ 11,989
Other assets			13,115
Total assets			25,104
Accrued expenses			(12,741)
Long-term payables			(52,422)
Total liabilities			(65,163)
Customer Lists			33,000
Intellectual Property			48,800
Trademarks			7,000
Total intangibles			88,800
Total assets acquired, net			48,741
Additional consideration given as compensation expense			701,259
Total consideration			$ 750,000

Acquisitions (Details 5)

Acquisitions (Details 5) - USD ($)	May 31, 2018	Feb. 28, 2018	Jul. 02, 2017	Feb. 28, 2017
Common stock, value	$ 1,257,493	$ 845,098		$ 526,060
Total Purchase Price		$ 67,500
Comencia, Inc. Acquisition [Member]
Common stock, value			$ 750,000
Total Purchase Price			$ 750,000

Acquisitions (Details 6)

Acquisitions (Details 6) - USD ($)	3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Revenues	$ 86,218	$ 80,271	$ 327,335	$ 165,991
Cost of revenues	(525,328)	(98,608)	(1,031,344)	(473,056)
Operating expenses:
Selling, general and administrative expenses	1,223,618	1,073,187	7,443,296	5,168,512
Other income (expense)	(593,414)	(9,724)	2,096,091	1,744,049
Net loss	$ (2,256,142)	$ (1,101,248)	$ (10,243,396)	$ (7,219,626)
Weighted average number of common shares Outstanding – basic and fully diluted	86,876,957	55,059,804	61,786,169	44,840,743
Net loss per share – basic and fully diluted	$ (0.03)	$ (0.02)	$ (0.17)	$ (0.16)
Rezserve Technologies Ltd [Member] | Combined Pro Forma [Member]
Revenues			$ 333,879
Cost of revenues			475,308
Gross profit (loss)			(141,429)
Operating expenses:
Selling, general and administrative expenses			5,323,560
Loss from operations			(5,464,989)
Other income (expense)			(1,744,049)
Net loss			$ (7,209,038)
Weighted average number of common shares Outstanding – basic and fully diluted			44,840,743
Net loss per share – basic and fully diluted			$ (0.16)
Comencia, Inc. Acquisition [Member] | Combined Pro Forma [Member]
Revenues	$ 111,300		$ 367,923	$ 251,713
Cost of revenues	120,448		1,053,184	562,216
Gross profit (loss)	(9,148)		(685,261)	(310,503)
Operating expenses:
Selling, general and administrative expenses	1,082,168		7,454,580	5,218,597
Loss from operations	(1,092,624)		(8,139,841)	(5,529,100)
Other income (expense)	9,724		(2,096,091)	(1,744,049)
Net loss	$ (1,101,348)		$ (10,235,932)	$ (7,273,149)
Weighted average number of common shares Outstanding – basic and fully diluted	55,059,804		61,786,169	44,840,743
Net loss per share – basic and fully diluted	$ (0.02)		$ (0.17)	$ (0.16)

Acquisitions (Details 7)

Acquisitions (Details 7)	Feb. 28, 2018USD ($)
Acquisitions
Cash	$ 2,240
Related Party Payable	(42,380)
Accrued Salary	(82,565)
Total Net Liabilities Assumed	$ (122,705)

Acquisitions (Details 8)

Acquisitions (Details 8)	Feb. 28, 2018USD ($)
Acquisitions Details 1Abstract
Total Net Liabilities Assumed	$ 122,705
Common Stock	731,250
Total Compensation Expense and Purchase Price	$ 853,955

Acquisitions (Details 9)

Acquisitions (Details 9)	12 Months Ended
	Feb. 28, 2018USD ($)
Total Assets Acquired	$ 1,480,000
Intellectual Property [Member]
Total Assets Acquired	30,842
Assets Net [Member]
Total Assets Acquired	34,708
Customer Lists [Member]
Total Assets Acquired	77,295
Trademarks [Member]
Total Assets Acquired	19,475
Goodwill [Member]
Total Assets Acquired	$ 1,317,680

Acquisitions (Details 10)

Acquisitions (Details 10) - USD ($)	12 Months Ended
	Feb. 28, 2018	Feb. 28, 2018
Total Purchase Price		$ 1,480,000
Common Stock
Total Purchase Price	$ 1,080,000
Convertible Notes Payable [Member]
Total Purchase Price		$ 400,000

Acquisitions (Details 11)

Acquisitions (Details 11)	Feb. 28, 2018USD ($)
Acquisitions Details 5Abstract
Non-compete agreements	$ 700
Customer Lists	66,800
Total Assets Acquired	$ 67,500

Acquisitions (Details 12)

Acquisitions (Details 12) - USD ($)	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Cash	$ 20,506	$ 58,712	$ 539,243
Common stock, value	$ 1,257,493	845,098	$ 526,060
Total Purchase Price		67,500
Purchase price [Member]
Cash		7,500
Common stock, value		60,000
Total Purchase Price		$ 67,500

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - USD ($)	Dec. 01, 2016	Sep. 14, 2016	Mar. 05, 2016	Dec. 22, 2017	Oct. 27, 2017	May 31, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017	Oct. 31, 2018	Dec. 07, 2017	Jul. 02, 2017
Common stock, value						$ 1,257,493		$ 845,098	$ 526,060
Total Compensation Expense and Purchase Price								853,955
Interest expense						(593,414)	$ (9,724)	374,331	19,040
Convertible note payable - related party (Note 8, 14)						120,000		468,493	400,000
Stock based compensation						436,406	$ 346,071	3,524,123	$ 2,455,587
Rezserve Technologies [Member]
Common stock, value		$ 1,080,000
Stock purchase agreement		100.00%
Aggregate purchased value		$ 1,480,000
Aggregate shares		3,000,000
Convertible note payable		$ 400,000		$ 400,000						$ 400,000
Interest rate		0.00%
Interest expense		$ 19,040						38,000
Convertible note payable - related party (Note 8, 14)		400,000
Impairment expense		$ 1,445,292						1,445,292
Repayment of debt				30,000
Debts conversion amount converted				$ 210,000
Debt conversion converted instrument shares issued				1,100,000
Loss on conversion				$ 13,000
Non bearing interest								160,000
Congo Ltd. Acquisition [Member]
Common stock, value											$ 840,000
December 7, 2017 [Member] | Congo Ltd. Acquisition [Member]
Common stock, value						$ 840,000		$ 840,000
Common stock, closing price						$ 0.28		$ 0.28
Impairment expense								$ 926,252
Common stock granted to existing owners						3,000,000		3,000,000
Appointment.com Acquisition [Member]
Assets purchase agreement	1,625,000
Common stock, value	$ 731,500
Total Compensation Expense and Purchase Price	$ 853,955
Comencia, Inc. Acquisition [Member]
Common stock, value												$ 750,000
Comencia, Inc. Acquisition [Member] | July 1, 2017 [Member]
Common stock, value						$ 750,000		$ 750,000
Common stock, closing price						$ 0.30		$ 0.30
Interest rate						3.00%		3.00%
Note receivable						$ 55,000		$ 55,000
Common stock granted to existing owners						2,500,000		2,500,000
Stock based compensation								$ 750,000
Cityinformation B V [Member]
Common stock, value					$ 821,667
Common stock, closing price					$ 0.29
Impairment expense								795,508
Common stock granted to existing owners					2,833,333
Cloud.Market Acquisition [Member]
Common stock, value			$ 60,000
Impairment expense								$ 67,500
Common stock shares Issued			750,000
Common stock shares issued value			$ 7,500

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)	May 16, 2018	May 15, 2018	May 10, 2018	May 09, 2018	May 07, 2018	May 03, 2018	Jun. 09, 2017	Sep. 14, 2016	Jan. 30, 2018	Jan. 18, 2018	Dec. 22, 2017	Nov. 30, 2017	Oct. 30, 2017	Jul. 27, 2017	Jul. 20, 2017	May 31, 2018	Feb. 28, 2018	May 31, 2017	Feb. 28, 2018	Feb. 28, 2017
Debt Instrument [Line Items]
Debt instrument unamortized discount																	$ 191,507		$ 191,507
Debt discount amortization expense																$ 562,923			276,257
Convertible Debt [Member] | Clint Skidmore [Member] | Stock Purchase Agreement [Member]
Debt Instrument [Line Items]
Debt instrument balance																120,000	160,000		160,000
Debt instrument face amount								$ 400,000			$ 400,000
Number of stock issued for conversion of debt (in shares)								1,000,000			1,100,000
Stock issued for conversion of debt											$ 210,000
Conversion price								$ 0.40
Repayments of debt											30,000
Loss on conversion											$ 13,000
Imputed interest expense																3,500	38,000		38,000
Convertible Debt [Member] | Crown Bridge Partners [Member]
Debt Instrument [Line Items]
Proceeds from issuance of debt									$ 55,000
Interest rate on debt instrument									10.00%
Debt discount									$ 33,246
Expiry date									Jan. 30, 2019
Convertible note description									matures on January 30, 2019, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 20 trading days prior to conversion.
Issuance fees									$ 3,000
Convertible Debt [Member] | Crown Bridge Partners [Member] | January 30, 2018 [Member]
Debt Instrument [Line Items]
Debt instrument unamortized discount																9,062	2,880		2,880
Debt discount																24,305	33,366		33,366
Accrued interest																1,812	437		437
Convertible Debt [Member] | Powerup [Member]
Debt Instrument [Line Items]
Proceeds from issuance of debt										$ 53,000		$ 58,000	$ 75,000
Interest rate on debt instrument										12.00%		12.00%	12.00%
Debt instrument balance													$ 48,922
Debt instrument unamortized discount																	15,896		15,896
Debt discount										$ 33,164		$ 38,164	$ 47,951			$ 32,055	32,055		32,055
Accrued interest	$ 4,500																$ 2,885		2,885
Expiry date										Jan. 18, 2019		Nov. 30, 2018	Oct. 30, 2018
Convertible note description										matures on January 18, 2019, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion.		matures on November 30, 2018, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion.	matures on October 30, 2018, and is convertible after 180 days into common stock at 61% of the lowest 3 closing market prices of the previous 10 trading days prior to conversion.			derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009.	derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009.
Principal amount converted in common stock	$ 15,000	$ 20,000	$ 15,000		$ 13,000	$ 12,000
Conversion of common stock, shares converted	319,672	327,869	245,902		213,115	170,940
Due balance of principal		$ 15,000	$ 35,000		$ 50,000	$ 63,000
Convertible Debt [Member] | Powerup [Member] | January 18, 2018 [Member]
Debt Instrument [Line Items]
Debt instrument unamortized discount																$ 8,471	$ 3,806		3,806
Debt discount																21,608	30,079		30,079
Accrued interest																$ 2,304	$ 714		714
Convertible note description																derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009.	derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009.
Convertible Debt [Member] | Powerup [Member] | November 30, 2017 [Member]
Debt Instrument [Line Items]
Debt instrument unamortized discount																$ 9,541	$ 9,410		9,410
Debt discount																19,213	28,754		28,754
Accrued interest																3,456	$ 1,716		1,716
Convertible note description																	derivative liability as the Company has sufficient authorized shares and a conversion floor of $0.00009.
Convertible Debt [Member] | Darvin Habben [Member]
Debt Instrument [Line Items]
Interest rate on debt instrument							8.00%
Debt instrument face amount							$ 500,000
Number of stock issued for conversion of debt (in shares)				5,380,274			2,000,000
Conversion price				$ 0.10			$ 0.25
Debt discount				$ 191,507			$ 300,000										$ 191,507		191,507
Accrued interest				38,027													28,932		28,932
Debt discount amortization expense																	108,493		108,493
Debt instrument, promissory note, converted				$ 500,000
Promissory Notes Payable Member | Donovan Olson [Member]
Debt Instrument [Line Items]
Proceeds from issuance of debt															$ 100,000
Number of stock issued for conversion of debt (in shares)				1,000,000
Conversion price				$ 0.10
Imputed interest expense																1,917	6,110
Number of warrants issued in conjunction with promissory notes															1,000,000
Exercise price of the warrants															$ 0.10
Debt instrument unamortized discount																	30,548		30,548
Debt discount															$ 100,000	69,452	69,452		69,452
Expiry date															Jul. 20, 2027
Debt instrument, promissory note, converted				$ 100,000
Promissory Notes Payable Member | Darvin Habben [Member]
Debt Instrument [Line Items]
Proceeds from issuance of debt														$ 150,000	$ 150,000
Number of stock issued for conversion of debt (in shares)				1,500,000
Conversion price				$ 0.10
Imputed interest expense																2,875	8,877		8,877
Number of warrants issued in conjunction with promissory notes														1,000,000	1,000,000
Exercise price of the warrants														$ 0.10	$ 0.10
Debt instrument unamortized discount																	44,384		44,384
Debt discount														$ 150,000	$ 150,000	105,616	105,616		105,616
Debt instrument, promissory note, converted				$ 150,000
Promissory Notes Payable Member | Greg Foss [Member]
Debt Instrument [Line Items]
Proceeds from issuance of debt															$ 100,000
Number of stock issued for conversion of debt (in shares)				1,000,000
Conversion price				$ 0.10
Imputed interest expense																1,917	6,110		6,110
Number of warrants issued in conjunction with promissory notes															1,000,000
Exercise price of the warrants															$ 0.10
Debt instrument unamortized discount																	30,548		30,548
Debt discount															$ 100,000	69,452	69,452		69,452
Expiry date															Jul. 20, 2027
Debt instrument, promissory note, converted				$ 100,000
Promissory Notes Payable Member | Derek Schumann [Member]
Debt Instrument [Line Items]
Proceeds from issuance of debt															$ 100,000
Number of stock issued for conversion of debt (in shares)				1,000,000
Conversion price				$ 0.10
Imputed interest expense																$ 1,917	6,110		6,110
Number of warrants issued in conjunction with promissory notes															1,000,000
Exercise price of the warrants															$ 0.10
Debt discount				$ 69,452											$ 100,000		69,452		69,452
Debt discount amortization expense																	$ 30,548		$ 30,548
Expiry date															Jul. 20, 2027
Debt instrument, promissory note, converted				$ 100,000

Transactions with Former Offi69

Transactions with Former Officer (Details Narrative) - USD ($)	Dec. 05, 2016	Apr. 18, 2018	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Accrued professional fees			$ 260,900		$ 260,900
Total damages awared value			552,976	$ 552,976
Richard Pomije [Member]
Description of employment agreement	Mr. Pomije asserts an employment agreement existed and a continuing obligation of the Company in the form of a monthly salary for a 1 year term from May 18, 2015 to May 17, 2016 was due in addition to a stock subscription receivable.
Accrued payable			542,066		$ 552,976
Mr. Richard Pomije [Member]
Damages awarded, value		$ 256,488
Attorney’s fees and costs		296,488
Total damages awared value		552,976
Payment of related party debt			$ 10,910
Mr. Richard Pomije [Member] | Subsequent Event [Member]
Damages awarded, value		256,488
Attorney’s fees and costs		296,488
Total damages awared value		$ 552,976

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Goodwill carrying value	$ 0	$ 0	$ 0
Acquisitions of goodwill	549,667	549,667	1,317,680
Intangible assets carrying value	0	0	$ 0
Acquire intangible assets	1,237,000	1,237,000
Amortization expense of intangible assets	64,907	64,907
Stock issued for domain names, Shares			369,750
Cash paid for domain names			$ 69,500
Total fair value of stock issued for domain names			154,740
Impairment expense	1,721,760	1,721,760	$ 1,725,009
Database [Member]
Acquire intangible assets	432,000	432,000
Platform [Member]
Acquire intangible assets	420,000	420,000
App portfolios [Member]
Acquire intangible assets	250,000	250,000
App handles [Member]
Acquire intangible assets	$ 135,000	$ 135,000

Digital Currencies (Details Nar

Digital Currencies (Details Narrative) - USD ($)	May 16, 2018	May 15, 2018	May 31, 2018	Feb. 28, 2018	Feb. 28, 2017
Common stock, shares issued			125,749,320	84,509,824	52,606,000
Common stock, value			$ 1,257,493	$ 845,098	$ 526,060
Digital currencies			$ 1,380,156
Stock Purchase Agreement [Member]
Digital currencies transaction, description	the Company sold 63,291.13924 RHOCs at $1.56 for $100,000		market price of RHOC was $1.38, resulting in an unrealized loss on exchange of $196,070
Sale of digital coins, value	$ 100,000
Foreign currency transaction gain loss realized	$ 1,282
Foreign currency transaction gain loss unrealized			$ 196,070
Stock Purchase Agreement [Member] | Catena Fund One, LP [Member]
Common stock, shares issued		11,385,590
Common stock, value		$ 1,659,000
Digital currencies transaction, description		the Company issued 11,385,590 shares of stock to Catena Fund One, LP for 1,050,000 RHOC (RChain Coins). The market price of RHOC on May 15, 2018 was $1.58 per RHOC

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	1 Months Ended					3 Months Ended	12 Months Ended
	Jun. 30, 2018	May 17, 2018	May 15, 2018	Apr. 25, 2018	Apr. 18, 2018	May 31, 2018	Feb. 28, 2018	Jul. 30, 2018	Feb. 28, 2017
Total damages awared value						$ 552,976	$ 552,976
Accrued professional fees						$ 260,900			$ 260,900
Common stock, shares issued						125,749,320	84,509,824		52,606,000
Common stock, value						$ 1,257,493	$ 845,098		$ 526,060
Minimum [Member]
Accrued professional fees							292,076
Maximum [Member]
Accrued professional fees							$ 552,976
Mr. Richard Pomije [Member]
Damages awarded, value					$ 256,488
Attorney’s fees and costs					296,488
Total damages awared value					552,976
Subsequent Event [Member] | Contractor [Member]
Common stock, shares issued								90,000
Common stock, value								$ 7,920
Subsequent Event [Member] | Triton Funds LP [Member]
Registered shares purchase, Value				$ 1,000,000
Purchase for diluted shares description				Once approved, Triton will purchase up to 5% of the Company’s fully diluted shares.
Subsequent Event [Member] | Pithia, Inc. [Member]
Investment income received			$ 2,400,000
Exchange for diluted shares, percent			10.00%
Description of investment agreement			The remaining $1,200,000 will be received 90 days from the agreement date, again in the form of RHOC cryptocurrency, as long as the Company meets certain conditions.
Future issuance of common stock shares						11,385,590
Subsequent Event [Member] | Pithia, Inc. [Member] | RHOC Cryptocurrency [Member]
Cost of investment			$ 1,200,000
Subsequent Event [Member] | Michael Cartwright [Member]
Description of employment agreement		to extend his employment term by two years to June 1, 2020.
Subsequent Event [Member] | Mr. Richard Pomije [Member]
Damages awarded, value					256,488
Attorney’s fees and costs					296,488
Total damages awared value					$ 552,976
Subsequent Event [Member] | PowerUp Lending Group [Member]
Outstanding balance of principal debt	$ 8,000
Debt instrument converted, amount	$ 50,000
Debt instrument converted, shares issued	763,001