Quantum Energy (QREE) 10-Q 28 May 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	9 Months Ended
	Nov. 30, 2020shares
Document Information [Line Items]
Entity Registrant Name	QUANTUM ENERGY INC.
Entity Central Index Key	0001295961
Trading Symbol	qegy
Current Fiscal Year End Date	--02-28
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)	48,491,485
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Nov. 30, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false
Title of 12(b) Security	Common stock, $0.001 Par Value

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Nov. 30, 2020	Feb. 29, 2020
Current Assets
Cash	$ 47	$ 47
Total Current Assets	47	47
Deposits
Total Assets	47	47
Current Liabilities
Accounts Payable and Accrued Expenses	158,959	147,888
Accounts Payable and Accrued Expenses - Related Parties	191,837	176,837
Common Stock Payable	200,000	200,000
Convertible Note Payable	67,500	67,500
Derivative Liability	160,157	138,185
Promissory Notes Payable	76,305	76,305
Promissory notes payable, related party	106,015	106,015
Total Current Liabilities	960,773	912,730
Total Liabilities	960,773	912,730
Stockholders' Deficit
Common Stock - $0.001 Par; 495,000,000 Shares Authorized, 48,491,485 Issued and Outstanding, Respectively	48,491	48,491
Additional Paid-In-Capital	11,449,681	11,449,681
Accumulated Deficit	(12,458,898)	(12,410,855)
Total Stockholders' Deficit	(960,726)	(912,683)
Total Liabilities and Stockholders' Deficit	$ 47	$ 47

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Nov. 30, 2020	Feb. 29, 2020
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	495,000,000	495,000,000
Common stock, shares issued (in shares)	48,491,485	48,491,485
Common stock, shares outstanding (in shares)	48,491,485	48,491,485

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2020	Nov. 30, 2019	Nov. 30, 2020	Nov. 30, 2019
Operating Expenses
Advertising and Marketing				$ 888
Management Fees and Consulting				11,750
General and Administrative		1,684		34,555
Professional Fees	4,854	54,461	4,854	183,930
Total Operating Expenses	4,854	56,145	4,854	231,123
Other Income and (Expenses)
Bad Debts				(30,000)
Gain (Loss) on Derivative	232,685	27,245	(21,972)	(114,736)
Interest Expense	(7,058)	(6,180)	(21,217)	(38,385)
Interest Expense - Warrants				(453,261)
Total Other Income and (Expenses)	225,627	21,065	(43,189)	(636,382)
Total Income (Expenses)	220,773	(35,080)	48,043	(867,505)
Income (Loss) Before Income Tax Expense	220,773	(35,080)	(48,043)	(867,505)
Income Tax Expense
Net Income (Loss) for the Period	$ 220,773	$ (35,080)	$ (48,043)	$ (867,505)
Weighted Average Number of Common Shares - Basic and Diluted (in shares)	48,491,485	48,491,485	48,491,485	48,491,485
Net Income (Loss) for the Period Per Common Shares - Basic and Diluted (in dollars per share)	$ 0	$ 0	$ 0	$ (0.02)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2020	Nov. 30, 2019	Nov. 30, 2020	Nov. 30, 2019
Cash Flows from Operating Activities
Net Loss for the Period	$ 220,773	$ (35,080)	$ (48,043)	$ (867,505)
Non-Cash Adjustments:
Bad Debts				30,000
Deposits Written Off				7,822
Loss on Derivative	(232,685)	(27,245)	21,972	114,736
Interest on Default of Convertible Note				22,500
Interest Expense on Convertible Note Warrants				453,261
Changes in Assets and Liabilities:
Notes Receivable				(30,000)
Accounts Payable and Accrued Expenses			11,071	57,205
Accounts Payable and Accrued Expenses - Related Parties			15,000	(516)
Net Cash Flows Used In Operating Activities				(212,497)
Cash Flows from Investing Activities
Investment in Joint Venture				(150,000)
Cash Flows from Financing Activities
Proceeds from Notes Payable				93,299
Proceeds from Stock Subscription				200,000
Cash Proceeds Received from Convertible Note Payable				45,000
Proceeds from Notes Payable - Related Parties				31,715
Net Cash Flows Provided by Financing Activities				370,014
Net Change in Cash				7,517
Cash - Beginning of Period			47	1,578
Cash - End of Period	$ 47	$ 9,095	47	9,095
Cash Paid During the Period for:
Interest
Income Taxes

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Subscription Receivable [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Feb. 28, 2019		$ 48,491	$ 10,996,420	$ (11,359,307)	$ (314,396)
Balance (in shares) at Feb. 28, 2019		48,491,485
Proceeds from Stock Subscription	200,000				200,000
Net income (loss) for the Period				(867,505)	(867,505)
Proceeds and value of Subscription Receivable	(200,000)				(200,000)
Value of Warrants for Convertible Note			453,261		453,261
Balance at Nov. 30, 2019		$ 48,491	11,449,681	(12,226,812)	(728,640)
Balance (in shares) at Nov. 30, 2019		48,491,485
Balance at Aug. 31, 2019	(200,000)	$ 48,491	11,449,681	(12,191,732)	(893,560)
Balance (in shares) at Aug. 31, 2019		48,491,485
Proceeds from Stock Subscription	200,000				200,000
Net income (loss) for the Period					(35,080)
Proceeds and value of Subscription Receivable	(200,000)				(200,000)
Balance at Nov. 30, 2019		$ 48,491	11,449,681	(12,226,812)	(728,640)
Balance (in shares) at Nov. 30, 2019		48,491,485
Balance at Feb. 29, 2020		$ 48,491	11,449,681	(12,410,855)	(912,683)
Balance (in shares) at Feb. 29, 2020		48,491,485
Net income (loss) for the Period				(48,043)	(48,043)
Balance at Nov. 30, 2020		$ 48,491	11,449,681	(12,458,897)	(960,726)
Balance (in shares) at Nov. 30, 2020		48,491,485
Balance at Aug. 31, 2020		$ 48,491	11,449,681	(12,679,670)	(1,181,498)
Balance (in shares) at Aug. 31, 2020		48,491,485
Net income (loss) for the Period				220,773	220,773
Balance at Nov. 30, 2020		$ 48,491	$ 11,449,681	$ (12,458,897)	$ (960,726)
Balance (in shares) at Nov. 30, 2020		48,491,485

Note 1 - Nature of Operations

Note 1 - Nature of Operations	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Nature of Operations [Text Block]	NOTE 1 QUANTUM ENERGY INC. (“the Company”) was incorporated under the name “Boomers Cultural Development Inc.” under the laws of the State of Nevada on February 5, 2004. May 18, 2006, The Company is a development stage diversified holding company with an emphasis in land holdings, refinery and fuel distribution. The Company is domiciled in the Unites States of America and trades on the OTC market under the symbol QEGY.

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 2 Basis of Presentation The accompanying condensed consolidated balance sheet has been derived from the February 29, 2020 November 30, 2020 2019, 10 8 X. not 10 February 29, 2020 “2019 three nine November 30, 2020, not February 28, 2021. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries FTPM Resources Ltd. and Dominion Energy Processing Group, Inc. after elimination of the intercompany accounts and transactions. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America 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 the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Risks and uncertainties The Company's operations are subject to significant risks and uncertainties, including financial, operational, technological and other risks associated with operating an emerging business, including the potential risk of business failure. Cash and cash equivalents The Company considers all highly liquid investments with original maturities of three Fair value of financial instruments The Company's financial instruments include cash and cash equivalents, promissory notes payable, and promissory notes payable - related parties. All instruments are accounted for on a cost basis, which, due to the short maturity of these financial instruments, approximates fair value at November 30, 2020 February 29, 2020, When required to measure assets or liabilities at fair value, the Company uses a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used. The Company determines the level within the fair value hierarchy in which the fair value measurements in their entirety fall. The categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Level 1 2 3 At November 30, 2020 February 29, 2020, no Long-Lived Assets The Company reviews long-lived assets which include a deposit on land purchase for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not may Stock-based Compensation The Company estimates the fair value of options to purchase common stock using the Black-Scholes model, which requires the input of some subjective assumptions. These assumptions include estimating the length of time stock options will be held before they are exercised (“expected life”), the estimated volatility of the Company's common stock price over the expected term (“volatility”), forfeiture rate, the risk-free interest rate and the dividend yield. Changes in the subjective assumptions can materially affect the estimate of fair value of stock-based compensation. Options granted have a ten Related Parties In accordance with ASC 850 one may one one New Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and is evaluating any that may not not

Note 3 - Going Concern

Note 3 - Going Concern	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	NOTE 3 GOING CONCERN These condensed consolidated financial statements have been prepared in accordance with U.S. GAAP to a going concern, which assumes that the Company will be able to meet its obligations and continue its operations for the next twelve As shown in the accompanying financial statements, the Company has incurred operating losses since inception. As of November 30, 2020 February 29, 2020, November 30, 2020 February 29, 2020. no

Note 4 - Earnings Per Share

Note 4 - Earnings Per Share	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 4 EARNINGS PER SHARE Basic Earnings Per Share (“EPS”) is computed as net income (loss) available to common stockholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options and warrants. The dilutive effect of outstanding securities as of May 31, 2020 February 29, 2020, November 30, 2020 February 29, 2020 Warrants 3,925,000 3,925,000 TOTAL POSSIBLE DILUTION 3,925,000 3,925,000 At November 30, 2020 February 29, 2020,

Note 5 - Other Assets

Note 5 - Other Assets	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Other Assets Disclosure [Text Block]	NOTE 5 OTHER ASSETS Peconic Note Receivable On April 17, 2019, $30,000 18 12% 40% 100% 40% May 31, 2019, $30,000 May 31, 2019. Deposit on land purchase On December 5, 2016, $500,000 $7,822 The purchase contract originally expired on December 15, 2017; July 10, 2018 On June 8, 2018, $525,000 December 31, 2018 no December 31, 2018. On June 3, 2019, October 31, 2019 no May 31, 2019, 13 $7,822

Note 6 - Promissory and Convert

Note 6 - Promissory and Convertible Notes Payable	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 6 PROMISSORY and CONVERTIBLE NOTES PAYABLE The Company's outstanding notes payable are summarized as follows: November 30, 2020 February 29 2020 0% unsecured note payable - December 2013, due on demand $ 2,000 $ 2,000 0% unsecured note payable - November 2015, due on demand 980 980 8% unsecured note payable - October 2018, due on demand 5,000 5,000 6% unsecured note payable – April 2019, due on demand 3,325 3,325 8% unsecured notes payable - October 2019, due on demand 65,000 65,000 Total Notes Payable $ 76,305 $ 76,305 Interest expense for the three November 30, 2020 2019 $1,451 $753, nine November 30, 2020 2019 $4,357 $1,121, Convertible note payable consists of one $67,500 November 30, 2020 February 29, 2020, April 2019 $45,000 12% April 2020. 150% 22%. three November 30, 2020 2019 $3,713 $3,713, nine November 30, 2020 2019 $11,139 $7,931, November 30, 2020. $0.28, 39% 20 438.81%. 0.110%. November 30, 2020 $160,157 three November 30, 2020 2019 $232,685 $27,245, nine November 30, 2020 2019 $21,972 $114,736, The conversion option expires on October 7, 2020. June 18, 2019, 1934 $67,500 April 2021 $70,200.

Note 7 - Promissory Notes Payab

Note 7 - Promissory Notes Payable, Related Party and Other Related Party Transactions	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 7 PROMISSORY NOTES PAYABLE, RELATED PARTY AND OTHER RELATED PARTY TRANSACTIONS The Company's outstanding notes payable, related party are summarized as follows: November 30, 2020 February 29, 2020 0% unsecured note payable - October 2015, due on demand $ 2,300 $ 2,300 0% unsecured note payable – November 2015, due on demand 2,000 2,000 8% unsecured note payable - October 2018, due on demand 60,000 60,000 6% unsecured note payable – April 2019, due on demand 15,825 15,825 6% unsecured note payable – April 2019, due on demand 15,890 15,890 8% unsecured note payable - October 2019, due on demand 10,000 10,000 TOTAL $ 106,015 $ 106,015 Interest expense for the three November 30, 2020 2019 $1.894 $1,714, nine November 30, 2020 2019 $5,721 $6,834, Starting January 1, 2019, $15,000 February 28, 2019, $30,000 February 28, 2019. February 28, 2019, no no December 31, 2018. no $30,000 $150,000, 10 ten 2019. November 30, 2020 February 29, 2020 $17,868 $17,868, Certain officers and directors of the Company had paid various expenses on behalf of the Company. Balances due to the officers, directors and a related company for reimbursement of these expenses were $173,969 $158,969 November 30, 2020 February 29, 2020,

Note 8 - Common Stock

Note 8 - Common Stock	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 COMMON STOCK Common stock The Company is authorized to issue 495,000,000 $0.001 one Preferred stock The Company is authorized to issue 5,000,000 no no Common shares issued for cash On February 28, 2018, “2018 2018 $0.15. one one 2018 $0.15 twenty-four $125,000 833,333 February 28, 2018 not February 28, 2018. April 4, 2018. Common stock retirement On January 27, 2018, 5,000,000 10,000,000 $Nil. November 30, 2020.

Note 9 - Warrants

Note 9 - Warrants	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Warrants and Rights [Text Block]	NOTE 9 On July 10, 2017, 500,000 $0.21 one March 2018, 500,000 $0.21 $1.00 June 9, 2020. On March 20, 2019 April 17, 2019, 1,250,000 675,000 1,925,000 eight thirty-six $0.25. March 20 April 17, 2019 $200,439 $76,243 $276,682 three May 31, 2019. $0.25, 228% 2.34% 2.37%. The following is a summary of the Company's warrants issued and outstanding: November 30, 2020 February 28, 2020 Warrants Price (a) Warrants Price (a) Beginning balance 3,925,000 $ .25 2,129,802 $ 1.00 Issued –– –– 2,925,000 .19 Exercised –– –– –– –– Expired –– –– (1,129,802 ) –– Ending balance 3,925,000 $ 0.25 3,925,000 $ .25 (a) Weighted average exercise price per shares The following table summarizes additional information about the warrants granted by the Company as of November 30, 2020 February 29, 2020: Date of Grant Warrants Warrants Price Remaining term November 19, 2016 500,000 500,000 $ .25 0.47 July 10, 2017 500,000 500,000 .25 1.02 March 20, 2019 1,250,000 1,250,000 .25 1.30 April 17, 2019 675,000 675,000 .25 1.38 June 28, 2019 1,000,000 1,000,000 .25 .07 Total warrants 3,925,000 3,925,000 $ .25 .84

Note 10 - Other Matters - Joint

Note 10 - Other Matters - Joint Venture	9 Months Ended
	Nov. 30, 2020
Notes to Financial Statements
Other Matters [Text Block]	NOTE 10 OTHER MATTERS- Joint Venture Easy Energy Systems Inc. Memorandums of Understanding On April 2, 2019, 1” 1, 33% 67% 90 April 30, 2019, 1M, 2M, 5M On April 16, 2016 2” 2, 9.3 $10 2, $25,000 $25,000 February 29, 2020. As of May 9, 2021, no Private Placement – Raul Factor In furtherance of the June 28, 2019, July 8, 2019, 1 1 July 8, 2019, 1 25% 25% 50% $150,000 February 29, 2020, not In connection with and as part of the foregoing joint venture transactions with JV- 1 July 11, 2019, $200,000, 1,000,000 1,000,000 $0.25 $150,000, 6 Pursuant to this June 28, 2019, 90 $10,000,000 not October 29, 2019, June 28, 2019 not Pursuant to these two $200,000 1,000,000 $0.20 1,000,000 18 1,000,000 $0.25 $150,000 6 Also, as part of the transactions contemplated by these agreements: (i) the stock purchase warrant issued on November 20, 2016, 500,000 No. 002” May 19, 2021 $0.25 June 9, 2017, March 15, 2018, 250,000 No. 003” December 9, 2021, $0.25 250,000 December 9, 2021, $0.25 500,000 $0.25 December 20, 2020; ( 500,000 $0.25 December 20, 2020. ( 9 The sale of the Units and the warrants to Kevin Holinaty and Haaye de Jong, the principals of Raul Factor, who have represented that they are “accredited investors” and non-U.S. citizens and in offshore transactions, was made in reliance on Rule 506

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Nov. 30, 2020
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying condensed consolidated balance sheet has been derived from the February 29, 2020 November 30, 2020 2019, 10 8 X. not 10 February 29, 2020 “2019 three nine November 30, 2020, not February 28, 2021.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries FTPM Resources Ltd. and Dominion Energy Processing Group, Inc. after elimination of the intercompany accounts and transactions.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America 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 the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Risks and Uncertainties [Policy Text Block]	Risks and uncertainties The Company's operations are subject to significant risks and uncertainties, including financial, operational, technological and other risks associated with operating an emerging business, including the potential risk of business failure.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and cash equivalents The Company considers all highly liquid investments with original maturities of three
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair value of financial instruments The Company's financial instruments include cash and cash equivalents, promissory notes payable, and promissory notes payable - related parties. All instruments are accounted for on a cost basis, which, due to the short maturity of these financial instruments, approximates fair value at November 30, 2020 February 29, 2020, When required to measure assets or liabilities at fair value, the Company uses a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used. The Company determines the level within the fair value hierarchy in which the fair value measurements in their entirety fall. The categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Level 1 2 3 At November 30, 2020 February 29, 2020, no
Property, Plant and Equipment, Policy [Policy Text Block]	Long-Lived Assets The Company reviews long-lived assets which include a deposit on land purchase for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not may
Share-based Payment Arrangement [Policy Text Block]	Stock-based Compensation The Company estimates the fair value of options to purchase common stock using the Black-Scholes model, which requires the input of some subjective assumptions. These assumptions include estimating the length of time stock options will be held before they are exercised (“expected life”), the estimated volatility of the Company's common stock price over the expected term (“volatility”), forfeiture rate, the risk-free interest rate and the dividend yield. Changes in the subjective assumptions can materially affect the estimate of fair value of stock-based compensation. Options granted have a ten
Related Parties [Policy Text Block]	Related Parties In accordance with ASC 850 one may one one
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements The Company has implemented all new accounting pronouncements that are in effect and is evaluating any that may not not

Note 4 - Earnings Per Share (Ta

Note 4 - Earnings Per Share (Tables)	9 Months Ended
	Nov. 30, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	November 30, 2020 February 29, 2020 Warrants 3,925,000 3,925,000 TOTAL POSSIBLE DILUTION 3,925,000 3,925,000

Note 6 - Promissory and Conve_2

Note 6 - Promissory and Convertible Notes Payable (Tables)	9 Months Ended
	Nov. 30, 2020
Notes Tables
Schedule of Debt [Table Text Block]	November 30, 2020 February 29 2020 0% unsecured note payable - December 2013, due on demand $ 2,000 $ 2,000 0% unsecured note payable - November 2015, due on demand 980 980 8% unsecured note payable - October 2018, due on demand 5,000 5,000 6% unsecured note payable – April 2019, due on demand 3,325 3,325 8% unsecured notes payable - October 2019, due on demand 65,000 65,000 Total Notes Payable $ 76,305 $ 76,305

Note 7 - Promissory Notes Pay_2

Note 7 - Promissory Notes Payable, Related Party and Other Related Party Transactions (Tables)	9 Months Ended
	Nov. 30, 2020
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	November 30, 2020 February 29, 2020 0% unsecured note payable - October 2015, due on demand $ 2,300 $ 2,300 0% unsecured note payable – November 2015, due on demand 2,000 2,000 8% unsecured note payable - October 2018, due on demand 60,000 60,000 6% unsecured note payable – April 2019, due on demand 15,825 15,825 6% unsecured note payable – April 2019, due on demand 15,890 15,890 8% unsecured note payable - October 2019, due on demand 10,000 10,000 TOTAL $ 106,015 $ 106,015

Note 9 - Warrants (Tables)

Note 9 - Warrants (Tables)	9 Months Ended
	Nov. 30, 2020
Notes Tables
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	November 30, 2020 February 28, 2020 Warrants Price (a) Warrants Price (a) Beginning balance 3,925,000 $ .25 2,129,802 $ 1.00 Issued –– –– 2,925,000 .19 Exercised –– –– –– –– Expired –– –– (1,129,802 ) –– Ending balance 3,925,000 $ 0.25 3,925,000 $ .25
Schedule of Warrants Granted [Table Text Block]	Date of Grant Warrants Warrants Price Remaining term November 19, 2016 500,000 500,000 $ .25 0.47 July 10, 2017 500,000 500,000 .25 1.02 March 20, 2019 1,250,000 1,250,000 .25 1.30 April 17, 2019 675,000 675,000 .25 1.38 June 28, 2019 1,000,000 1,000,000 .25 .07 Total warrants 3,925,000 3,925,000 $ .25 .84

Note 2 - Significant Accounti_2

Note 2 - Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2020	Feb. 29, 2020
Share-based Payment Arrangement, Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	10 years
Fair Value, Recurring [Member]
Assets, Fair Value Disclosure	$ 0	$ 0

Note 4 - Earnings Per Share - D

Note 4 - Earnings Per Share - Dilutive Effect of Outstanding Securities (Details) - shares	9 Months Ended	12 Months Ended
	Nov. 30, 2020	Feb. 29, 2020
Warrants (in shares)	3,925,000	3,925,000
TOTAL POSSIBLE DILUTION (in shares)	3,925,000	3,925,000

Note 5 - Other Assets (Details

Note 5 - Other Assets (Details Textual)	Apr. 17, 2019USD ($)	Dec. 05, 2016USD ($)	May 31, 2019USD ($)	Nov. 30, 2020USD ($)	Nov. 30, 2019USD ($)	Jun. 08, 2018CAD ($)	Dec. 05, 2016CAD ($)
Deposits Written Off					$ 7,822
Land [Member]
Purchase Price of Property						$ 525,000	$ 500,000
Payments for Deposits on Real Estate Acquisitions		$ 7,822
Deposits Written Off			$ 7,822
Peconic Energy, Inc. [Member]
Payments to Acquire Notes Receivable	$ 30,000
Notes Receivable, Term (Year)	18 years
Notes Receivable, Interest Rate, Stated Percentage	12.00%
Notes Receivable, Interest Rate, Percentage of Gross Revenues	40.00%
Notes Receivable, Collateral, Percentage of Assets	100.00%
Notes Receivable, Convertible, Percentage of Assets	40.00%
Financing Receivable, Allowance for Credit Loss, Ending Balance			$ 30,000

Note 6 - Promissory and Conve_3

Note 6 - Promissory and Convertible Notes Payable (Details Textual)	3 Months Ended		9 Months Ended
	Nov. 30, 2020USD ($)	Nov. 30, 2019USD ($)	Nov. 30, 2020USD ($)	Nov. 30, 2019USD ($)	Apr. 30, 2021USD ($)	Feb. 29, 2020USD ($)	Jun. 18, 2019USD ($)	Apr. 30, 2019USD ($)
Interest Expense, Total	$ 7,058	$ 6,180	$ 21,217	$ 38,385
Convertible Notes Payable, Current	67,500		67,500			$ 67,500
Derivative Liability, Current	160,157		160,157			138,185
Gain (Loss) on Derivative Instruments, Net, Pretax, Total	232,685	27,245	(21,972)	(114,736)
The Power Up Note [Member]
Debt Instrument, Debt Default, Amount							$ 67,500
The Power Up Note [Member] | Subsequent Event [Member]
Long-term Debt, Total					$ 70,200
Unsecured Debt [Member]
Interest Expense, Total	1,451	753	4,357	1,121
Convertible Notes Payable [Member]
Interest Expense, Total	3,713	$ 3,713	11,139	$ 7,931
Convertible Notes Payable, Current	$ 67,500		$ 67,500			$ 67,500		$ 45,000
Debt Instrument, Interest Rate, Stated Percentage								12.00%
Debt Instrument, Default Interest Rate								22.00%
Convertible Notes Payable [Member] | Measurement Input, Share Price [Member]
Debt Instrument, Measurement Input	0.28		0.28
Convertible Notes Payable [Member] | Measurement Input, Exercise Price [Member]
Debt Instrument, Measurement Input	0.39		0.39
Convertible Notes Payable [Member] | Measurement Input, Price Volatility [Member]
Debt Instrument, Measurement Input	4.3881		4.3881
Convertible Notes Payable [Member] | Measurement Input, Discount Rate [Member]
Debt Instrument, Measurement Input	0.0011		0.0011

Note 6 - Promissory and Conve_4

Note 6 - Promissory and Convertible Notes Payable - Summary of Outstanding Notes Payable (Details) - USD ($)	Nov. 30, 2020	Feb. 29, 2020
Promissory notes payable	$ 76,305	$ 76,305
The 0 Percent Unsecured Note Payable Issued December 2013 [Member]
Promissory notes payable	2,000	2,000
The 0 Percent Unsecured Note Payable Issued November 2015 [Member]
Promissory notes payable	980	980
The 8 Percent Unsecured Note Payable Issued October 2015 [Member]
Promissory notes payable	5,000	5,000
The 6 Percent Promissory Notes Issued April 2019 [Member]
Promissory notes payable	3,325	3,325
The 8 Percent Promissory Notes Issued October 2019 [Member]
Promissory notes payable	$ 65,000	$ 65,000

Note 7 - Promissory Notes Pay_3

Note 7 - Promissory Notes Payable, Related Party and Other Related Party Transactions (Details Textual) - USD ($)	Jan. 01, 2019	Nov. 30, 2020	Nov. 30, 2019	Nov. 30, 2020	Nov. 30, 2019	Nov. 30, 2020	Aug. 31, 2020	Feb. 29, 2020	Feb. 28, 2019
Interest Expense, Total		$ 7,058	$ 6,180	$ 21,217	$ 38,385
Accounts Payable, Related Parties, Current		191,837		191,837		$ 191,837		$ 176,837
Advisory Company Owned by Former CEO [Member]
Interest Expense, Total		1.894	$ 1,714	5,721	$ 6,834
Related Party Transaction, Monthly Management Fee	$ 15,000
Accounts Payable, Related Parties, Current							$ 17,868	17,868	$ 30,000
Advisory Company Owned by Former CEO [Member] | Management Fee [Member]
Due to Related Parties, Current, Total									$ 30,000
Related Party Transaction, Amounts of Transaction						0
Related Party Transaction, Disputed Amount		150,000		150,000		150,000
Advisory Company Owned by Former CEO [Member] | Reimbursement of Expenses [Member]
Accounts Payable, Related Parties, Current		$ 173,969		$ 173,969		$ 173,969		$ 158,969

Note 7 - Promissory Notes Pay_4

Note 7 - Promissory Notes Payable, Related Party and Other Related Party Transactions - Outstanding Notes Payable, Related Party (Details) - USD ($)	Nov. 30, 2020	Feb. 29, 2020
Promissory notes payable, related party	$ 106,015	$ 106,015
The 0 Percent Unsecured Note Payable Issued October 2015 [Member]
Promissory notes payable, related party	2,300	2,300
The 0 Percent Unsecured Note Payable Issued November 2015 [Member]
Promissory notes payable, related party	2,000	2,000
The 8 Percent Unsecured Note Payable Issued October 2018 [Member]
Promissory notes payable, related party	60,000	60,000
The 6 Percent Promissory Notes Issued April 2019 [Member]
Promissory notes payable, related party	15,825	15,825
The Second 6 Percent Promissory Notes Issued April 2019 [Member]
Promissory notes payable, related party	15,890	15,890
The 8 Percent Promissory Notes Issued October 2019 [Member]
Promissory notes payable, related party	$ 10,000	$ 10,000

Note 8 - Common Stock (Details

Note 8 - Common Stock (Details Textual)		Jan. 27, 2018USD ($)shares	Feb. 28, 2018USD ($)$ / sharesshares	Nov. 30, 2020$ / sharesshares	Feb. 29, 2020$ / sharesshares	Feb. 28, 2020$ / shares	Feb. 28, 2019$ / shares	Jul. 10, 2017
Common Stock, Shares Authorized (in shares)				495,000,000	495,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares				$ 0.001	$ 0.001
Common Stock, Voting Rights, Number of Votes Per Share				1
Preferred Stock, Shares Authorized (in shares)				5,000,000
Preferred Stock, No Par Value (in dollars per share) | $ / shares				$ 0
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares	[1]			$ 0.25	$ 0.25	$ 0.25	$ 1
Proceeds from Issuance of Private Placement | $			$ 125,000
Stock Issued During Period, Shares, New Issues (in shares)			833,333
Stock Repurchased and Retired During Period, Shares (in shares)		10,000,000
Stock Repurchased and Retired During Period, Value | $		$ 0
Former Chairman of the Board [Member]
Stock Repurchased and Retired During Period, Shares (in shares)		5,000,000
Warrants Issued in the 2018 Offering [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares			$ 0.15
Warrants and Rights Outstanding, Term (Month)			2 years					1 year
Private Placement [Member]
Equity Offering, Units Issued, Price Per Share (in dollars per share) | $ / shares			$ 0.15
Number of Shares Per Unit (in shares)			1
Number of Warrants Per Unit (in shares)			1
[1]	Weighted average exercise price per shares

Note 9 - Warrants (Details Text

Note 9 - Warrants (Details Textual)		Apr. 17, 2019USD ($)$ / sharesshares	Mar. 20, 2019USD ($)shares	Mar. 31, 2018$ / sharesshares	Jul. 10, 2017$ / sharesshares	Nov. 30, 2020$ / sharesshares	Feb. 28, 2020$ / sharesshares	Feb. 29, 2020$ / shares	Feb. 28, 2019$ / shares	Feb. 28, 2018$ / shares
Class of Warrant or Right, Issued During Period (in shares) | shares							2,925,000
Class of Warrant or Right, Issued During Period, Exercise Price (in dollars per share)	[1]						$ 0.19
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	[1]					0.25	$ 0.25	$ 0.25	$ 1
Warrants Issued in the 2018 Offering [Member]
Class of Warrant or Right, Issued During Period (in shares) | shares					500,000
Class of Warrant or Right, Issued During Period, Exercise Price (in dollars per share)					$ 0.21
Warrants and Rights Outstanding, Term (Month)					1 year					2 years
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)										$ 0.15
Amended Warrants With An Expiration Date of June 9, 2020 [Member]
Class of Warrant or Right, Issued During Period (in shares) | shares				500,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)				$ 1
Warrants Granted March 20, 2019 [Member]
Class of Warrant or Right, Issued During Period (in shares) | shares			1,250,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)						0.25
Warrants and Rights Outstanding | $			$ 200,439
Warrants Granted April 17, 2019 [Member]
Class of Warrant or Right, Issued During Period (in shares) | shares		675,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)						$ 0.25
Warrants and Rights Outstanding | $		$ 76,243
Warrants Issued to Eight Investors [Member]
Warrants and Rights Outstanding, Term (Month)		3 years
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 0.25
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | shares		1,925,000
Warrants and Rights Outstanding | $		$ 276,682
Warrants Issued to Eight Investors [Member] | Measurement Input, Exercise Price [Member]
Warrants and Rights Outstanding, Measurement Input		0.25
Warrants Issued to Eight Investors [Member] | Measurement Input, Price Volatility [Member]
Warrants and Rights Outstanding, Measurement Input		2.28
Warrants Issued to Eight Investors [Member] | Measurement Input, Discount Rate [Member] | Minimum [Member]
Warrants and Rights Outstanding, Measurement Input		0.0234
Warrants Issued to Eight Investors [Member] | Measurement Input, Discount Rate [Member] | Maximum [Member]
Warrants and Rights Outstanding, Measurement Input		0.0237
[1]	Weighted average exercise price per shares

Note 9 - Warrants - Summary of

Note 9 - Warrants - Summary of Warrants Issued and Outstanding (Details) - $ / shares		9 Months Ended	12 Months Ended
		Nov. 30, 2020	Feb. 28, 2020
Beginning balance (in shares)		3,925,000	2,129,802
Beginning balance (in dollars per share)	[1]	$ 0.25	$ 1
Issued (in shares)			2,925,000
Issued (in dollars per share)	[1]		$ 0.19
Exercised (in shares)
Exercised (in dollars per share)	[1]
Expired (in shares)			(1,129,802)
Expired (in dollars per share)	[1]
Ending balance (in shares)		3,925,000	3,925,000
Ending balance (in dollars per share)	[1]	$ 0.25	$ 0.25
[1]	Weighted average exercise price per shares

Note 9 - Warrants - Additional

Note 9 - Warrants - Additional Information About Warrants Granted (Details) - $ / shares		9 Months Ended
		Nov. 30, 2020	Feb. 29, 2020	Feb. 28, 2020	Feb. 28, 2019
Warrants outstanding (in shares)		3,925,000	3,925,000	3,925,000	2,129,802
Warrants exercisable (in shares)		3,925,000
Warrants, price (in dollars per share)	[1]	$ 0.25	$ 0.25	$ 0.25	$ 1
Warrants, remaining term (Year)		306 days
Warrants Granted November 19, 2016 [Member]
Warrants outstanding (in shares)		500,000
Warrants exercisable (in shares)		500,000
Warrants, price (in dollars per share)		$ 0.25
Warrants, remaining term (Year)		171 days
Warrants Granted July 10, 2017 [Member]
Warrants outstanding (in shares)		500,000
Warrants exercisable (in shares)		500,000
Warrants, price (in dollars per share)		$ 0.25
Warrants, remaining term (Year)		1 year 7 days
Warrants Granted March 20, 2019 [Member]
Warrants outstanding (in shares)		1,250,000
Warrants exercisable (in shares)		1,250,000
Warrants, price (in dollars per share)		$ 0.25
Warrants, remaining term (Year)		1 year 109 days
Warrants Granted April 17, 2019 [Member]
Warrants outstanding (in shares)		675,000
Warrants exercisable (in shares)		675,000
Warrants, price (in dollars per share)		$ 0.25
Warrants, remaining term (Year)		1 year 138 days
Warrants Granted June 28, 2019 [Member]
Warrants outstanding (in shares)		1,000,000
Warrants exercisable (in shares)		1,000,000
Warrants, price (in dollars per share)		$ 0.25
Warrants, remaining term (Year)		25 days
[1]	Weighted average exercise price per shares

Note 10 - Other Matters - Joi_2

Note 10 - Other Matters - Joint Venture (Details Textual) - USD ($)		Jul. 11, 2019	Apr. 02, 2019	Apr. 16, 2016	Feb. 28, 2020	Feb. 28, 2018	Nov. 30, 2020	Feb. 29, 2020	Jul. 08, 2019	Jun. 28, 2019	Feb. 28, 2019
Stock Issued During Period, Shares, New Issues (in shares)						833,333
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	[1]				$ 0.25		$ 0.25	$ 0.25			$ 1
Warrants to Purchase Restricted Shares Issued to RF [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		1,000,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 0.25
Warrants and Rights Outstanding, Term (Month)		1 year 180 days
Warrant Issued to Mr. Haaye de Jong [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		250,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 0.25
Warrants Issued to Mr. Kevin Holinaty in June 2019 [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		500,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 0.25
EES - E and EETC [Member]
Equity Method Investment, Ownership Percentage									25.00%
License and Operating Agreement, Aggregate Purchase Price, Licensing and Distribution									$ 150,000
Easy Energy Systems, Inc. [Member]
Memorandum of Understanding, Option to Merge, Term (Day)			90 days
Memorandum of Understanding, Anticipated Cost of Power Plant				$ 10,000,000
Payments for Power Plant Under Memorandum of Understanding				$ 25,000
Binding Letter of Intent, Capital to be Raised Within 90 Days										$ 10,000,000
Easy Energy Systems, Inc. [Member] | General and Administrative Expense [Member]
Memorandum of Understanding, Power Plant Expense					$ 25,000
Raul Factor BV [Member]
Proceeds from Issuance or Sale of Equity, Total		$ 200,000
Stock Issued During Period, Shares, New Issues (in shares)		1,000,000
Equity Offering, Units Issued or Issuable (in shares)		1,000,000
Equity Offering, Units Issued, Price Per Share (in dollars per share)		$ 0.20
Mr. Kevin Holinaty [Member] | Warrant No. 002 [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		500,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 0.25
Mr. Kevin Holinaty [Member] | Warrant No. 003 [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		250,000
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 0.25
FTPM Resources, Inc. [Member]
Memorandum of Understanding, Joint Venture, Percentage of Ownership			33.00%
Easy Energy Systems, Inc. [Member]
Memorandum of Understanding, Joint Venture, Percentage of Ownership			67.00%
Easy Energy Systems, Inc. [Member] | EES - E and EETC [Member]
Equity Method Investment, Ownership Percentage									25.00%
Raul Factor BV [Member] | EES - E and EETC [Member]
Equity Method Investment, Ownership Percentage									50.00%
[1]	Weighted average exercise price per shares

Uncategorized Items - qegy-2020

Label	Element	Value
Retained Earnings [Member]
Net Loss for the Period	us-gaap_NetIncomeLoss	$ (35,080)
Additional Paid-in Capital [Member]
Net Loss for the Period	us-gaap_NetIncomeLoss
Common Stock [Member]
Net Loss for the Period	us-gaap_NetIncomeLoss