U-Swirl (SWRL) 10-Q 15 Oct 14 2015 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Aug. 31, 2014	Sep. 30, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'U-SWIRL, INC.	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--02-28	'
Entity Common Stock, Shares Outstanding	'	17,815,484
Amendment Flag	'false	'
Entity Central Index Key	'0001355304	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Aug-14	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q2	'

Consolidated_Balance_Sheets_Cu

Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Aug. 31, 2014	Feb. 28, 2014
Current Assets	'	'
Cash	$2,668,618	$701,748
Accounts Receivable, less allowance for doubtful accounts of $68,000 and $10,000, respectively	613,175	1,418,960
Accounts Receivable, related party	'	11,989
Current Portion of Notes Receivable	78,856	'
Inventory	158,554	118,219
Deferred Tax Assets, Current	111,689	'
Prepaid Expenses	65,053	18,182
Total Current Assets	3,695,945	2,269,098
Leasehold Improvements, Property and Equipment, net	1,731,575	2,939,820
Other Assets	'	'
Notes Receivable, less current portion	206,442	'
Deposits	80,715	72,185
Goodwill and other intangible assets, net	9,974,745	10,243,522
Other assets	402,970	541,645
Total Other Assets	10,664,872	10,857,352
Total Assets	16,092,392	16,066,270
Current Liabilities	'	'
Accounts payable and accrued liabilities	2,791,315	2,346,572
Accounts Payable, related party	164,710	290,978
Current Portion of long-term debt, related party	24,257	22,837
Total Current Liabilities	2,980,282	2,660,387
Deferred Rent	61,968	105,031
Deferred Income Taxes	29,981	'
Deferred Revenue	1,251,114	1,658,647
Deferred Revenue, related party	30,000	30,000
Notes Payable, related party	7,225,384	8,607,196
Total Liabilities	11,578,729	13,061,261
Preferred stock; $0.001 par value; 25,000,000 shares	0	0
Common stock; $0.001 par value; 100,000,000 shares Authorized, 17,815,484 and 15,440,029 shares issued and Outstanding, respectively	17,815	15,440
Common Stock Payable	4,278	4,278
Additional paid-in Capital	13,424,638	12,381,600
Accumulated deficit	-8,933,068	-9,396,309
Total Stockholders’ Equity	4,513,663	3,005,009
Total Liabilities and Stockholders’ Equity	$16,092,392	$16,066,270

Consolidated_Balance_Sheets_Cu1

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) (USD $)	Aug. 31, 2014	Feb. 28, 2014
Allowance for doubtful accounts (in Dollars)	$68,000	$10,000
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, par value (in Dollars per share)	$0.00	$0.00
Common stock par value (in Dollars per share)	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	17,815,484	15,440,029
Common stock, shares outstanding	17,815,484	15,440,029

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014	Aug. 31, 2013
Revenues	'	'	'	'
Café Sales, net of discounts	$1,305,268	$1,253,473	$2,783,456	$2,631,722
Franchise Royalties and fees	1,186,655	438,987	2,209,546	778,144
Total Revenues	2,491,923	1,692,460	4,993,002	3,409,866
Café Operating Costs	'	'	'	'
Food, beverage and packaging costs	482,019	378,184	960,312	829,666
Labor and related expenses	283,020	350,508	610,944	618,849
Occupancy and related expenses	184,306	232,284	405,870	480,627
Franchise development	107,165	'	223,521	'
Marketing and advertising	162,769	54,245	311,499	88,754
General and Administrative	533,154	399,419	1,187,506	826,130
Depreciation and Amortization	206,735	105,370	432,835	210,948
Restructuring and Asset Acquisition Expenses	503,526	'	628,077	'
Fair Value Adjustment	-64,588	'	-240,791	'
Total costs and expenses	2,398,106	1,520,010	4,519,773	3,054,974
Income from Operations	93,817	172,450	473,229	354,892
Other Income (Expense)	'	'	'	'
Interest Expense	-9,686	-12,658	-12,535	-27,021
Interest Income	2,547	'	2,547	'
Other Expense, net	-7,139	-12,658	-9,988	-27,021
Income from continuing operations before income taxes	86,678	159,792	463,241	327,871
Net income	$86,678	$159,792	$463,241	$327,871
Net income per common share, basic (in Dollars per share)	$0	$0.01	$0.02	$0.02
Net income per common share, diluted (in Dollars per share)	$0	$0.01	$0.01	$0.02
Weighted average common shares outstanding and stock payable (in Shares)	22,093,262	14,618,256	21,353,965	14,510,172
Dilutive effect of stock options and warrants (in Shares)	1,453,078	1,717,039	2,073,472	1,334,352
Weighted average common shares outstanding and stock payable, assuming dilution (in Shares)	23,546,340	16,335,295	23,427,437	15,844,524

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Net income	$463,241	$327,871
Adjustments to reconcile net income to net cash used by operating activities	'	'
Depreciation and amortization	432,835	210,948
Fair value adjustment on notes payable, related party	-240,791	'
Accrued interest on notes payable, related party	'	27,021
Costs of stock-based compensation	152,518	41,525
Asset Impairment	243,000	'
Provision for loss on accounts receivable	58,000	'
Gain on sale of property and equipment	-5,195	'
Changes in operating assets and liabilities	'	'
Accounts receivable, net	1,030,285	-53,901
Inventory	-40,335	3,992
Prepaid expenses	-47,138	-106,114
Deposits	-8,530	-403
Accounts payable and accrued liabilities	444,743	-54,451
Accounts payable, related party	-63,768	-11,792
Deferred Rent	-43,063	-34,171
Deferred Revenue	-407,533	-38,611
Deferred Taxes	-81,708	'
Net cash provided by operating activities	1,886,561	311,914
Cash flow from investing activities	'	'
Accounts receivable, related party	11,989	-301
Proceeds received on Notes Receivable	10,103	'
Additions to Notes Receivable	-295,401	'
Construction in Progress	'	-64,501
Other Assets	138,676	3,051
Proceeds from sale of assets	525,000	'
Purchases of property and equipment	-63,352	'
Net cash provided (used) by investing activities	327,015	-61,751
Cash flows from financing activities	'	'
Proceeds from exercise of stock warrants	892,895	'
Proceeds from notes payable, related party	'	64,501
Proceeds from issuance of common stock	'	3,500
Payments on long term debt	-1,139,601	'
Net cash provided (used) by financing activities	-246,706	68,001
Net change in cash	1,966,870	318,164
Cash, beginning of period	701,748	358,527
Cash, end of period	2,668,618	676,691
Interest Paid	3,366	'
Income tax paid	$0	$0

Note_1_Description_of_Business

Note 1 - Description of Business	6 Months Ended
	Aug. 31, 2014
Disclosure Text Block [Abstract]	'
Nature of Operations [Text Block]	'
	1	DESCRIPTION OF BUSINESS
	U-Swirl, Inc. was incorporated in the state of Nevada on November 14, 2005. Its wholly-owned subsidiaries are U-Swirl International, Inc. (“U-Swirl”), which was incorporated in the state of Nevada on September 4, 2008, and Moxie Consumer Products, LLC (“Moxie”), a Nevada limited liability company which was organized in the state of Nevada on February 11, 2014 (collectively referred to as the “Company”).
	In September 2008, the Company acquired the worldwide rights to the U-Swirl Frozen YogurtTM concept. The U-Swirl concept allows guests a broad choice in frozen yogurt by providing an assortment of non-fat and low-fat flavors, including tart, traditional and no sugar-added options and numerous toppings, including seasonal fresh fruit, sauces, candy and granola. Guests serve themselves and pay by the ounce instead of by the cup size.
	In January 2013, the Company entered into agreements to acquire Aspen Leaf Yogurt café assets, consisting of leasehold improvements, property and equipment, for six Aspen Leaf Yogurt cafés and the franchise rights to Yogurtini self-serve frozen yogurt chains from Rocky Mountain Chocolate Factory, Inc. (“RMCF”) in exchange for a 60% controlling ownership interest in the Company, a warrant that allows RMCF to maintain its pro rata ownership interest if existing stock options and/or warrants are exercised, and notes payable totaling $900,000 (the “Rocky Mountain Transaction”).
	As a result of the change in control occurring in connection with the aforementioned transactions, the Company has been deemed to have been acquired by RMCF. Following the Rocky Mountain Transaction, the Company retained a significant minority interest of the issued and outstanding common stock. Due to the significant minority interest, the fair value increments and decrements have not been included in the accompanying financial statements. As the accounting acquirer, RMCF consolidates the Company’s results of operations in its financial statements. RMCF trades on the NASDAQ Global Market under the trading symbol “RMCF”.
	In January 2014, the Company entered into business acquisitions with two operators and franchisors of self-serve frozen yogurt cafés, CherryBerry Enterprises, LLC (“CherryBerry”) and Yogli Mogli, LLC (“Yogli Mogli”), thereby adding 182 cafés. CherryBerry and certain affiliates were acquired for approximately $4.25 million in cash and 4,000,000 shares of the Company’s common stock (the “CherryBerry Acquisition”). Yogli Mogli was acquired for $2.15 million in cash and 277,778 shares of the Company’s common stock (the “Yogli Mogli Acquisition”).
	The Company also entered into an asset acquisition with another operator and franchisor of self-serve frozen yogurt cafés, Fuzzy Peach Franchising, LLC (“Fuzzy Peach”), in February 2014, thereby adding 17 cafés. The Company paid $481,000 at closing, plus an earn-out, based upon royalty income generated by Fuzzy Peach cafés over the next twelve months, that could increase the purchase price by up to another $349,000. RMCF provided the funding for these acquisitions through a convertible note (the “Convertible Note”), which is secured by all of the Company’s assets.
	Basis of Presentation
	The accompanying consolidated financial statements have been prepared by the Company, without audit, and reflect all adjustments which are, in the opinion of management, necessary for a fair statement of the results for the interim periods presented. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial reporting and Securities and Exchange Commission regulations. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the consolidated financial statements reflect all adjustments (of a normal and recurring nature) which are necessary for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. The results of operations for the six months ended August 31, 2014 are not necessarily indicative of the results to be expected for the entire fiscal year.
	These financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company's Annual Report on Form 10-K/A for the fiscal year ended February 28, 2014.
	As of August 31, 2014 the Company had the following locations:
			Locations
	Company-owned Cafés
	CherryBerry			1
	Yogli Mogli			1
	U-Swirl			6
	Aspen Leaf Yogurt			1
	Franchised and licensed Cafés
	Fuzzy Peach			19
	Josie’s			8
	CherryBerry			168
	Yogli Mogli			24
	U-Swirl			32
	Aspen Leaf Yogurt			10
	Yogurtini			26
	Total			296

Note_2_Summary_of_Significant_

Note 2 - Summary of Significant Accounting Policies

6 Months Ended

Aug. 31, 2014

Accounting Policies [Abstract]

'

Significant Accounting Policies [Text Block]

'

2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Year-End - Effective January 14, 2013, the Company’s Board of Directors adopted a fiscal year ending on the last day of February.

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 as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period.  Actual results could differ from those estimates. Significant estimates include the fair value of the businesses acquired and the fair value of the Convertible Note.

Cash - The Company considers all highly liquid instruments purchased with a maturity of three months or less at date of acquisition to be cash equivalents. There were no cash equivalents at August 31, 2014 or February 28, 2014.

Accounts Receivable - During the normal course of business, the Company extends credit to its franchisees for inventory, supplies and fees. An allowance for doubtful accounts is determined through analysis of the aging of accounts receivable, assessments of collectability based on historical trends, and an evaluation of the impact of current and projected economic conditions. The process by which the Company performs its analysis is conducted on a franchisee by franchisee basis and takes into account, among other relevant factors, sales history, outstanding receivables, customer financial strength, as well as customer specific and geographic market factors relevant to projected performance. The Company monitors the collectability of its accounts receivable on an ongoing basis by assessing the credit worthiness of its customers and evaluating the impact of reasonably likely changes in economic conditions that may impact credit risks. Estimates with regard to the collectability of accounts receivable are reasonably likely to change in the future.

Inventory - Inventories consisting of food, beverages, and supplies are stated at the lower of cost or market. An inventory reserve is established to reduce the cost of obsolete, damaged and excess inventories to the lower of cost or market based on actual differences. This inventory reserve is determined through analysis of items held in inventory, and, if the value of those items at cost is higher than their market value, the Company records an expense to reduce inventory to its actual market value. The process by which the Company performs its analysis is conducted on an item by item basis and takes into account, among other relevant factors, market value, sales history and future sales potential. Cost is determined using the first-in, first-out method.

Prepaid Expenses - Prepaid expenses include costs incurred for prepaid rents, insurance, professional fees and deferred offering costs. The Company capitalizes certain costs associated with the offering of its stock and adjusts the deferred cost to offset offering proceeds upon closing of the offering or expenses the costs upon abandonment of the offering.

Leasehold Improvements, Property and Equipment - Leasehold improvements, property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method based upon the estimated useful lives of the assets, which range from five to ten years.   Leasehold improvements are amortized on the straight-line method over the lives of the respective leases or the service lives of the improvements, whichever is shorter.

Company-owned cafés under development are accounted for as construction-in-process. Construction-in-process is recorded at acquisition cost, including leasehold improvements, equipment expenditures, professional fees and interest expense capitalized during the course of construction for the purpose of financing the project. Upon completion and readiness for use of the project, the cost of construction-in-process is transferred to the appropriate asset group. As of August 31, 2014 and February 28, 2014, the Company did not have any construction-in-process.

The Company reviews its long-lived assets through analysis of fair value whenever events or changes indicate the carrying amount of such assets may not be recoverable. The Company’s policy is to review the recoverability of all assets, at a minimum, on an annual basis. Based on its evaluation, the Company has determined that an impairment of $243,000 exists as of August 31, 2014.

Deposits - Deposits consist of security and utility deposits for multiple locations and a sales tax deposit held with the state of Nevada.

Goodwill and Other Intangible Assets - The Company records intangible assets acquired in a business combination under the acquisition method of accounting at their estimated fair values at the date of acquisition. Goodwill represents the excess purchase price over the fair value of the net tangible and other identifiable intangible assets acquired. Other intangible assets are amortized over their estimated useful lives.

Goodwill is not amortized. Instead, goodwill is reviewed for impairment at least annually or on an interim basis between annual tests when events or circumstances indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying value. In assessing goodwill for impairment, the Company assesses qualitative factors to determine whether events or circumstances indicate that it is not more likely than not that fair value of a reporting unit is less than its carry amount. Goodwill impairment exists when the carrying value of goodwill exceeds its implied fair value.

Other intangible assets acquired in a business combination are recognized at fair value using generally accepted valuation methods appropriate for the type of intangible asset and reported separately from goodwill. Intangible assets with definite lives are amortized over the estimated useful lives and tested for impairment when events or circumstances occur that indicate that it is more likely than not that an impairment has occurred. Intangible assets with definite lives are tested for impairment by comparing the carrying amount to the sum of the net undiscounted cash flows expected to be generated by the asset whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. If the carrying amount of the asset exceeds its net undiscounted cash flows, then an impairment loss is recognized for the amount by which the carrying amount exceeds its fair value.

Intangible assets are generally valued as the present value of estimated future cash flows expected to be generated from the asset using a risk-adjusted discount rate. Estimates and assumptions about future expected revenue and remaining useful lives of the assets are used when determining the fair value of the Company’s intangible assets.

Deferred Rent - Rent expense for company-owned leases, which provide for escalating rents over the terms of the leases, is recorded on a straight-line basis over the lease terms.  The lease terms begin when the Company has the right to control the use of the property, which was before rent payments were actually due under the leases.

The difference between the rent expense and the actual amount payable under the terms of the leases is recorded as a leasehold improvement asset and deferred rent liability on the balance sheets and as both an investing activity and a component of operating activities on the statements of cash flows.

Revenue Recognition Policy - The Company recognizes revenue once pervasive evidence that an agreement exists; the product has been rendered; the fee is fixed and determinable; and collection of the amount due is reasonably assured.

Revenue from company-owned café sales is recognized when food and beverage products are sold.  Café sales are reported net of sales discounts.

Revenue earned as a franchisor is derived from cafés in the Company’s worldwide territory and includes initial franchise fees and royalties. Initial franchise fee revenue from the sale of a franchise is recognized when the Company has substantially performed or satisfied all of its material obligations relating to the sale up through the point at which the franchisee is able to open the franchised café, and the Company has no intention of refunding the entire initial franchise fee or forgiving an unpaid note for the entire initial franchise fee. Substantial performance has occurred when the Company has (a) performed substantially all of its initial services required by the franchise agreement, such as providing to the franchisee (1) a copy of the Operations Manual; (2) assistance in site selection and selection of suppliers of equipment, furnishings, and food; (3) lease review and comments about the lease; and (4) the initial training course to one or two franchisee representatives; and (b) completed all of its other material pre-opening obligations. The Company defers revenue from the initial franchise fee until (a) commencement of operations by the franchisee; or (b) if the franchisee does not open the franchised café, (1) the date on which all pre-opening services and obligations of the Company are substantially complete, or (2) an earlier date on which the franchisee has abandoned its efforts to proceed with the franchise operations, and in either situation, the franchisee is not entitled to, and is not given, a refund of the initial franchise fee. Royalties ranging from three to five percent of net café sales are recognized in the period in which they are earned.

Rebates received from purveyors that supply products to the Company’s franchisees are included in franchise royalties and fees. Rebates related to company-owned cafés are offset against café operating costs. Product rebates are recognized in the period in which they are earned.

The Company also recognizes a marketing and promotion fee of one percent of net café sales which are included in franchise royalties and fees.

Marketing and Advertising Expense - The Company engages in local and regional marketing efforts by distributing advertisements, coupons and marketing materials as well as sponsoring local and regional events. The Company recognizes marketing and advertising expense as incurred.

Share-based Compensation Expense - The Company recognizes all forms of share-based payments, including stock option grants, warrants, and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest.

Share-based payments, excluding restricted stock, are valued using a Black-Scholes option pricing model. Share-based payment awards issued to non-employees for services rendered are recorded at either the fair value of the services rendered or the fair value of the share-based payment, whichever is more readily determinable. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period.

When computing fair value of share-based compensation, the Company considers the following variables:

●

The expected option term is computed using the “simplified” method.

●

The expected volatility is based on the historical volatility of its common stock using the daily quoted closing trading prices.

●

The risk-free interest rate assumption is based on the U.S. Treasury yield for a period consistent with the expected term of the option in effect at the time of the grant.

●

The Company has not paid any dividends on common stock since its inception and does not anticipate paying dividends on its common stock in the foreseeable future.

●

The forfeiture rate is based on the historical forfeiture rate for its unvested stock options.

Income Taxes - The Company recognizes deferred tax liabilities and assets based on the differences between the tax basis of assets and liabilities and their reported amounts in the financial statements that will result in taxable or deductible amounts in future years. The Company has significant net operating loss carryovers. In accordance with section 382 of the Internal Revenue Code, deductibility of net operating loss carryovers may be subject to annual limitation in the event of a change in control. We have performed a preliminary evaluation as to whether a change in control has taken place, and have concluded that there was a change of control with respect to the net operating losses when 60% of the Company was acquired in January 2013. Our effective income tax rate may increase in future periods, or for the full year as a result of estimates related to the income tax liability arising from the income before income taxes of U-Swirl, Inc.

Earnings (Loss) per Share - Basic earnings (loss) per share is computed as net earnings (losses) divided by the weighted average number of common shares outstanding and stock payable during each year. Diluted earnings (loss) per share reflects the potential dilution that could occur from common shares issuable through stock options, warrants and restricted stock units.  Stock payable is considered in the calculation of earnings (loss) per share when the Company believes that all conditions of the issuance have been met, or are reasonably likely to be met. At August 31, 2014 the company included 4,277,778 shares of stock payable in the calculation of earnings (loss) per share.

Fair Value Election - As discussed in Note 8, the Company entered into a convertible note agreement with RMCF in January 2014 (the “Convertible Note”). The Convertible Note contains a compound embedded derivative that requires separate accounting from the host debt instrument. The Company elected the fair value option for the Convertible Note as management believes recording the note at fair value better reflects the underlying economics of the transaction.

Fair Value Measurements - Authoritative guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date.  The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:

Level 1: Quoted prices are available in active markets for identical assets or liabilities;

Level 2: Quoted prices in active markets for similar assets and liabilities that are observable for the asset or liability; or

Level 3: Unobservable pricing inputs that are generally less observable from objective sources, such as discounted cash flow models or valuations.

The valuation policies are determined by the Chief Financial Officer (the “CFO”). Each quarter, the CFO will update the inputs used in the fair value calculations and internally review the changes from period to period for reasonableness.

The Company has consistently applied the valuation techniques discussed below in all periods presented. The following table presents the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of August 31, 2014 and February 28, 2014 by level within the fair value hierarchy:

28-Feb-14

Level 1

Level 2

Level 3

Total

Liabilities

Convertible Note

$

-

$

-

$

7,970,666

$

7,970,666

31-Aug-14

Level 1

Level 2

Level 3

Total

Liabilities

Convertible Note

$

-

$

-

$

6,601,522

$

6,601,522

The Company determined the fair value of the Convertible Note using the income valuation technique. Because of the hybrid nature of the Convertible Note, the Company first valued the debt host contract, or straight “bond”, component using a discounted cash flow analysis, and then valued the compound embedded derivative features using a Flexible Monte Carlo simulation. See Note 8 for discussion of the embedded features. Significant inputs to the valuation model include the coupon rate, effective yield, volatility, expected return and implied equity value. In addition, the following inputs were used in the Flexible Monte Carlo simulation to value the compound embedded derivative scenarios using different conversion dates, conversion rates, likelihood of default, conversion behavior and dilution of stock price on conversion.

The Company’s Convertible Note is included in the Level 3 fair value hierarchy because not all the significant inputs are directly or indirectly observable.

The following table summarizes the valuation techniques, models and significant unobservable inputs used for the Company’s Convertible Note (broken into its components), categorized within Level 3 of the fair value hierarchy:

Liabilities

Fair Value at

Fair Value at February 28, 2014

Valuation Techniques

Unobservable Inputs

at Fair Value

31-Aug-14

/ Model

Bond component

$

5,302,194

$

6,177,626

Income approach using discounted cash flow model

Effective yield ranging from 12.5%-20%

Embedded conversion features

$

1,288,892

$

1,791,773

Income approach using flexible Monte Carlo simulation

Expected return ranging

from 5% - 10%

Implied Equity Value

ranging from 5% - 10%

Significant increases (decreases) in the unobservable inputs used in the fair value measurements would result in a significantly lower (higher) fair value measurement.

The following table sets forth a reconciliation of changes in the fair value of the Convertible Note classified as Level 3 in the fair value hierarchy:

Balance, February 28, 2014

$

7,970,666

Purchases

372,007

Payments

(1,509,529

)

Unrealized gain

(240,791

)

Subtotal

6,592,353

Undrawn commitment fees

9,169

Balance, August 31, 2014

$

6,601,522

Accounting Policy for Ownership Interests in Investees - The accompanying Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries, after elimination of all material intercompany accounts, transactions, and profits.

New Accounting Pronouncements - In May 2014, FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers,” which supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605),” and requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and is to be applied retrospectively, with early application not permitted. The Company is currently evaluating the new standard.

Note_3_Accounts_Receivable

Note 3 - Accounts Receivable	6 Months Ended
	Aug. 31, 2014
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	3	ACCOUNTS RECEIVABLE
	Accounts receivable consisted of the following at August 31, 2014 and February 28, 2014:
			August 31,			February 28,
			2014			2014
	Accounts receivable, trade		$	298,919		$	175,348
	Allowance for doubtful accounts			(68,000	)		(10,000	)
	Accounts receivable, other			382,256			1,253,612
	Accounts receivable, net		$	613,175		$	1,418,960
	Accounts receivable, related party		$	-		$	11,989

Note_4_Inventory

Note 4 - Inventory	6 Months Ended
	Aug. 31, 2014
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	4	INVENTORY
	As of August 31, 2014 and February 28, 2014, inventory consisted of the following:
			August 31,		February 28,
			2014		2014
	Food and beverages		$	95,470	$	61,108
	Paper products/Supplies			63,084		57,111
	Inventory		$	158,554	$	118,219

Note_5_Leasehold_ImprovementsP

Note 5 - Leasehold Improvements,Property and Equipment	6 Months Ended
	Aug. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment Disclosure [Text Block]	'
	5	LEASEHOLD IMPROVEMENTS, PROPERTY AND EQUIPMENT
	Leasehold improvements, property and equipment consisted of the following as of August 31, 2014 and February 28, 2014:
			August 31,			February 28,
			2014			2014
	Café equipment		$	1,304,752		$	1,580,650
	Furniture and fixtures			494,718			573,421
	Computer equipment			150,625			184,646
	Vehicles			30,342			30,342
	Leasehold improvements			1,690,030			2,079,227
	Provision for asset impairment			(243,000	)
				3,427,467			4,448,286
	Less: accumulated depreciation			(1,695,892	)		(1,508,466	)
	Leasehold improvements, property and equipment, net		$	1,731,575		$	2,939,820
	Depreciation expense for the six months ended August 31, 2014 and 2013 was $250,058 and $210,948, respectively.

Note_6_Goodwill_and_Intangible

Note 6 - Goodwill and Intangible Assets	6 Months Ended
	Aug. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets Disclosure [Text Block]	'
	6	GOODWILL AND INTANGIBLE ASSETS
	Intangible assets at August 31, 2014 and February 28, 2014 consist of the following:
			31-Aug-14								28-Feb-14
			Amortization Period			Gross Carrying		Accumulated Amortization		Gross Carrying		Accumulated Amortization
			(years)			Value				Value
	Intangible assets subject to amortization
	Trademark/Non competition agreements		5	-	20		590,000		20,906		590,000		5,226
	Franchise Rights			20			6,580,034		257,883		6,580,034		90,786
	Total						7,170,034		278,789		7,170,034		96,012
	Intangible assets not subject to amortization
	Franchising segment-
	Company stores goodwill						23,000		-		109,000		-
	Franchising goodwill						3,060,500		-		3,060,500		-
	Total Goodwill						3,083,500		0		3,169,500		0
	Total intangible assets					$	10,253,534	$	278,789	$	10,339,534	$	96,012
	Amortization expense related to intangible assets totaled $182,777 and $0 during the six months ended August 31, 2014 and 2013, respectively.
	At August 31, 2014, annual amortization of intangible assets, based upon our existing intangible assets and current useful lives, is estimated to be the following:
	2015		$	189,043
	2016			411,477
	2017			457,050
	2018			479,809
	2019			492,502
	Thereafter			4,861,364
	Total		$	6,891,245

Note_7_Deferred_Revenue

Note 7 - Deferred Revenue	6 Months Ended
	Aug. 31, 2014
Deferred Revenue Disclosure [Abstract]	'
Deferred Revenue Disclosure [Text Block]	'
	7	DEFERRED REVENUE
	The Company deferred franchisee fees, area development agreement fees and rebate income of $1,281,114 and $1,688,647 as of August 31, 2014 and February 28, 2014, respectively. Of the total amount deferred, and as reflected on the balance sheet, a portion relates to related parties. See Note 14.

Note_8_Notes_Payable_Related_P

Note 8 - Notes Payable, Related Party	6 Months Ended
	Aug. 31, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	8	NOTES PAYABLE, RELATED PARTY
	In July 2013, the Company executed promissory notes with RMCF for the purchase and installation of equipment necessary to convert two company-owned cafés into co-branded RMCF and U-Swirl cafés.  Interest accrues on the notes at the rate of 6% per annum, compounded annually and capitalized during the course of construction.  The notes require monthly payments of principal and interest over a five-year period beginning in October 2013.  Payment of the notes is secured by a security interest in all of the equipment purchased with the proceeds of the notes.
	On January 16, 2014, the Company entered into a loan and security agreement (the “Loan Agreement”) with RMCF pursuant to which RMCF agreed to loan the Company up to $7,750,000. As of August 31, 2014, the Company had borrowed $8,038,616 under this Loan Agreement and repaid $2,497,529, for a net principal balance of $5,541,087. Interest accrues on the unpaid principal balances of the loans at the rate of 9% per annum, and is included in the principal balance. Principal and interest are due January 16, 2016. The outstanding principal and interest is convertible at prices of $0.90 and $0.45 per share of preferred stock, respectively, subject to adjustments upon the occurrence of certain events. Payment of the loans is secured by a security interest in all of the Company’s assets.
	All payments of principal, interest and fees are payable in cash, shares of Series A Convertible Preferred Stock (the “Preferred Stock”), or a combination thereof, at the option of RMCF. The Preferred Stock to be designated will pay cumulative dividends equal to 9% of the stated value of the Preferred Stock, have a liquidation preference, vote with the Company’s common stock on all matters submitted for a vote of holders of common stock, and be convertible at the option of the holder into shares of the Company’s common stock.
	The Company may prepay up to $2,100,000 of the outstanding amounts due to RMCF under the Loan Agreement at its option and without penalty in cash from the proceeds raised from (i) advances on rebates from its yogurt suppliers; and (ii) the exercise of outstanding stock options and warrants. The Company also has the option to redeem all of the amounts owed under the Loan Agreement at any time after January 16, 2015 at the rate of 108% of the total amounts owed, by making payment in cash, shares of Preferred Stock, or a combination thereof, at the option of RMCF.
	Mandatory prepayment of the loans is required upon the receipt of proceeds from the disposition of any of the Company’s assets, the issuance of any equity securities by the Company (other than upon exercise of outstanding stock options or warrants), the issuance of any debt securities by the Company, or the receipt of insurance proceeds.
	In the event of default, RMCF may charge interest on all amounts due under the Loan Agreement at the default rate of 15% per annum, accelerate payment of all amounts due under the Loan Agreement, and foreclose on its security interest.
	As discussed in Note 2, the Convertible Note contains a compound embedded derivative related to the conversion feature, equity indexed interest payments, down-round protection default conversion option, default interest and optional redemption feature. The Company records the Convertible Note at fair value.
	The unrealized gain of $240,791 is recorded as the fair value adjustment in the accompanying Consolidated Statements of Operations. The fair value adjustment includes interest payable under the Convertible Note.
	The Company is required to pay an undrawn commitment fee equal to 0.10% multiplied by the average daily difference between the loan commitment and the aggregate outstanding loan. The undrawn commitment fee is payable in cash or preferred stock at $0.45 per share.
	RMCF may convert outstanding principal, or any portion thereof, into shares of preferred stock by dividing the principal to be converted by $0.90 per share. The conversion price is subject to adjustment for traditional recapitalizations. In the event of default, RMCF has the right to convert the Convertible Note into shares of preferred stock at the lessor of $0.45 or the implied equity value, as defined in the loan agreement, multiplied by 3.
	RMCF also entered into a management services agreement with the Company for $542,500 which will be due on January 16, 2016 and the expense associated with this service agreement will be expensed until the fee is due. The management fee is convertible into preferred stock at $0.45 per share. The management services agreement is for services to be provided through January 16, 2016. The amount due is included in Notes Payable Related Party.
	As of August 31, 2014 and February 28, 2014, the convertible note due to RMCF consisted of the following:
			August 31,			February 28,
			2014			2014
	Principal		$	5,541,087		$	6,678,609
	Undrawn commitment fees			10,436			1,267
	Fair value adjustment			1,049,999			1,290,790
	Balance		$	6,601,522		$	7,970,666
	Less: current maturities			-			-
	Convertible note		$	6,601,522		$	7,970,666
	As of August 31, 2014 and February 28, 2014, notes payable due to RMCF consisted of the following:
			August 31,			February 28,
			2014			2014
	Convertible note, secured, due 1/16/16 - principal		$	5,551,523		$	6,679,876
	Construction Loans, secured, due 9/15/18 - principal			105,619			116,867
	Management services payable			542,500			542,500
	Balance, principal		$	6,199,642		$	7,339,243
	Less: current maturities			(24,257	)		(22,837	)
	Long-term obligations		$	6,175,385		$	7,316,406
	The following table summarizes annual maturities of our notes payable as of August 31, 2014:
			Amount
	2015		$	11,589
	2016			7,168,268
	2017			25,741
	2018			27,329
	Thereafter			16,714
	Total minimum payments			7,249,641
	Less: current maturities			(24,257	)
	Long-term obligations		$	7,225,384

Note_9_Franchise_Royalties_and

Note 9 - Franchise Royalties and Fees	6 Months Ended
	Aug. 31, 2014
Franchise Royalties And Fees [Text Block] [Abstract]	'
Franchise Royalties And Fees [Text Block]	'
	9	FRANCHISE ROYALTIES AND FEES
	During the six months ended August 31, 2014 and 2013, the Company recognized the following franchise royalties and fees:
			31-Aug-14		31-Aug-13
	Royalty income		$	1,486,794	$	440,780
	Franchise fee income			104,250		48,361
	Rebate income from purveyors that supply products to franchisees			337,083		210,938
	Marketing fees			281,419		78,065
	Franchise royalties and fees		$	2,209,546	$	778,144

Note_10_Occupancy_and_Related_

Note 10 - Occupancy and Related Expenses	6 Months Ended
	Aug. 31, 2014
Occupancy And Related Expenses [Text Block] [Abstract]	'
Occupancy And Related Expenses [Text Block]	'
	10	OCCUPANCY AND RELATED EXPENSES
	Occupancy and related expenses consist of the following for the six months ended August 31, 2014 and 2013:
			31-Aug-14		31-Aug-13
	Rent		$	244,764	$	323,502
	Real estate taxes, insurance and CAM fees			73,159		79,081
	Utilities			87,947		78,044
	Occupancy and related expenses		$	405,870	$	480,627

Note_11_Stockholders_Equity

Note 11 - Stockholders' Equity	6 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Shareholders' Equity and Share-based Payments [Text Block]	'
	11	STOCKHOLDERS’ EQUITY
	During the six months ended August 31, 2014 the Company issued 250,000 shares of restricted common stock to its non-employee directors for services pursuant to its Non-Employee Director Compensation Program (the “Program”). Stock granted pursuant to the Program is immediately vested on the grant date. Associated with this award the Company has recorded stock-based compensation expense of $77,500, representing the estimated fair value on the date of grant. No shares were awarded during the six months ended August 31, 2013.
	The fair value of each stock option grant is estimated on the date of grant using a Black-Scholes option pricing model. Options awarded in November 2011 and expensed until vested, in November 2013, were valued using the following assumptions: volatility rate of 123.53% - 125.65%; risk-free interest rate of 0.40% - 1.09% based on a U.S. Treasury rate of 3 years; and a 3-year expected option life (simplified method). During the six months ended August 31, 2014, the Company recognized $75,019 of expense associated with previously awarded restricted stock, compared to $9,690 of expense recognized in the six months ended August 31, 2013.
	During the six months ended August 31, 2014 the Company did not recognize any expense associated with stock options, compared to $31,835 recognized in the six months ended August 31, 2013.
	On January 14, 2013, the Company granted 759,999 shares of restricted common stock to its officers and directors for services. In accordance with the terms of the grant, the shares vest at a rate of 20% per year for a five year period; are subject to forfeiture; and are issued at vesting. The Company has valued unvested stock-based compensation of $96,900 representing the estimated fair value on the date of grant, and will amortize the fair value of the shares to officer compensation expense ratably over the five year vesting period.
	The following is a summary of the Company’s non-vested restricted stock activity:
			Non-vested Shares		Weighted Average Grant Date Fair Value		Weighted Average Remaining Vesting Period (years)
	Outstanding - February 28, 2014			607,998		0.1275	3.88
	Granted			-		-
	Vested			-		-
	Forfeited/Cancelled			-		-
	Outstanding - August 31, 2014			607,998	$	0.1275	3.38
	During the three months ended August 31, 2014 the Company recognized all unamortized expense associated with non-vested restricted stock units. This expense was accelerated associated with restructuring activities as described in Note 15 to these financial statements. As of August 31, 2014 there was no amount remaining of unamortized expense associated with restricted stock units.

Note_12_Stock_Options

Note 12 - Stock Options	6 Months Ended
	Aug. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	12	STOCK OPTIONS
	On June 27, 2007, the stockholders of our Company adopted the 2007 Stock Option Plan which currently permits the granting of options to purchase up to 1,544,002 shares. The 2007 Stock Option Plan will remain in effect until it is terminated by the board of directors except that no incentive stock option will be granted after June 26, 2017. On April 20, 2011, the stockholders of our Company adopted the 2011 Stock Option Plan which permits the granting of options to purchase up to 750,000 shares.
	The following is a summary of the Company’s stock option activity:
			Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Average
							(years)	Intrinsic Value
	Outstanding - February 28, 2014			762,000	$	0.38	2.37	$	360,840
	Granted			-		-
	Exercised			-		-
	Forfeited/Cancelled			-		-
	Outstanding - August 31, 2014			762,000	$	0.38	1.87	$	94,140
	Exercisable - August 31, 2014			762,000	$	0.38	1.87	$	94,140
	During the six months ended August 31, 2014 and 2013, the Company expensed $0 and $31,835 related to stock option grants, respectively.

Note_13_Warrants

Note 13 - Warrants	6 Months Ended
	Aug. 31, 2014
Warrants [Text Block] [Abstract]	'
Warrants [Text Block]	'
	13	WARRANTS
	In April 2014, the Company called its outstanding Class C Warrants for redemption. Pursuant to a notice of redemption, the holders of the Class C Warrants were given until the close of business on May 22, 2014 to exercise their outstanding warrants at $0.60 per share. Thereafter, any remaining unexercised warrants were cancelled and represented only the right to receive a redemption price of $0.05 per warrant. During the quarter ended May 31, 2014 a total of 1,515,882 Class C Warrants and 44,312 underwriter’s warrants were exercised for gross proceeds of $930,799. The Company deposited $11,343 with the warrant redemption agent to pay the warrant redemption price for the 226,865 Class C Warrants that were not exercised prior to the redemption date.
	On April 21, 2014, the Company and RMCF agreed to modify the warrant issued to RMCF in January 2013, which allowed RMCF to maintain its pro-rata ownership interest if existing stock options and/or warrants were exercised. Under that warrant, RMCF had the right to purchase 1.5 times the number of shares of common stock issued upon exercise of the Company’s Class C warrant. Pursuant to the modification, RMCF agreed to exercise that portion of the warrant which corresponded to the exercise of the Class C warrant to the fullest extent possible on a “cashless exercise” basis immediately after the redemption date for the Class C Warrants. A total of 565,261 shares of common stock were issued to RMCF as a result.
	The following is a summary of the Company’s warrant activity:
			Warrants			Weighted		Weighted Average Remaining	Average
						Average		Contractual Life	Intrinsic Value
						Exercise Price		(years)
	Outstanding - February 28, 2014			6,023,247		$	0.62	1.8	$	1,751,764
	Granted			-			-
	Exercised			(4,032,397	)		0.6
	Forfeited/Cancelled			(297,850	)		0.6
	Outstanding - August 31, 2014			1,693,000		$	0.66	1.72	$	158,835
	Exercisable - August 31, 2014			333,532		$	0.96	1.4	$	16,296
	During the six months ended August 31, 2014 and 2013, the Company expensed $0 and $0 related to stock warrants issued, respectively.

Note_14_Related_Party_Transact

Note 14 - Related Party Transactions	6 Months Ended
	Aug. 31, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	14	RELATED PARTY TRANSACTIONS
	The Company had a net payable of $717 and a net receivable of $11,989 as of August 31, 2014 and February 28, 2014, respectively, from a U-Swirl franchisee that is owned and operated by the grandchildren of the Company’s former Chief Marketing Officer.
	As of August 31, 2014 and February 28, 2014, the Company owed $164,710 and $290,978, respectively, to RMCF for inventories and various operating expenses. See also Note 8, Notes Payable, Related Party.
	As of August 31, 2014 and February 28, 2014, the Company had deferred revenue of $30,000 and $30,000, respectively, from an area developer in which the Company’s former Chief Executive Officer and Chief Operating Officer have a minority interest.

Note_15_Restructuring_and_Acqu

Note 15 - Restructuring and Acquisition Related Charges	6 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Business Acquisition, Integration, Restructuring and Other Related Costs [Text Block]	'
	15. – RESTRUCTURING AND ACQUISITION RELATED CHARGES
	On January 17, 2014, the Company entered into an Asset Purchase Agreement with CherryBerry, which was the franchisor of self-serve frozen yogurt retail stores branded as “CherryBerry.” Pursuant to the CherryBerry Purchase Agreement, the Company purchased certain assets of CherryBerry used in its business of franchising frozen yogurt stores, including all of its franchise rights and one company-owned store. The Company also entered into an Asset Purchase Agreement with Yogli Mogli, which was the franchisor of self-serve frozen yogurt retail stores branded as “Yogli Mogli”. Pursuant to the Yogli Mogli Purchase Agreement, the Company purchased certain assets of Yogli Mogli used in its business of franchising frozen yogurt stores, including all of its franchise rights and four company-owned stores. On February 20, 2014 the Company entered into an Asset Purchase Agreement to acquire the business assets of Fuzzy Peach Franchising, LLC. The acquisition of all intellectual property and worldwide franchise and license rights includes the rights associated with 17 Fuzzy Peach Frozen Yogurt stores. The company recorded net restructuring charges of $124,551 during the six months ended August 31, 2014 associated with these acquisitions.
	Associated with the management changes described in Note 16, U-Swirl announced an operational restructuring that is designed to enhance U-Swirl’s operating efficiencies, improve its franchise support capabilities, and rationalize its cost structure. This restructuring resulted in expense associated with termination of the employment agreements with the named officers, severance payments for other employees and expense associated with the impairment of certain leasehold improvements, property and equipment. The Company recorded restructuring charges of $503,526 during the six months ended August 31, 2014 associated with these transactions.
	Restructuring and acquisition charges incurred were comprised of the following for the six months ended August 31:
		2014
	Professional fees	$	104,876
	Severance/transitional compensation		211,747
	Accelerated restricted stock unit vesting		65,329
	Leasehold improvements, property and equipment Impairment		243,000
	Other		3,125
	Total	$	628,077

Note_16_Subsequent_Events

Note 16 - Subsequent Events	6 Months Ended
	Aug. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	16	SUBSEQUENT EVENTS
	On September 4, 2014, Ulderico Conte, Henry E. Cartwright and Terry A. Cartwright resigned as directors of U-Swirl, Inc. In addition, Messrs. Conte, H. Cartwright and T. Cartwright resigned as officers of U-Swirl, Inc. effective October 6, 2014. Their resignations were not due to a disagreement with the Company. Also on September 4, 2014, the Board of Directors of the Company appointed Bryan J. Merryman as the Chairman of the Board, replacing Franklin E. Crail. Mr. Merryman currently serves as the Chief Operating Officer and Chief Financial Officer of the Company’s parent, Rocky Mountain Chocolate Factory, Inc.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)

6 Months Ended

Aug. 31, 2014

Accounting Policies [Abstract]

'

Fiscal Period, Policy [Policy Text Block]

'

Year-End - Effective January 14, 2013, the Company’s Board of Directors adopted a fiscal year ending on the last day of February.

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 as of the date of the financial statements and the reported amounts of revenue and expenses during the reporting period.  Actual results could differ from those estimates. Significant estimates include the fair value of the businesses acquired and the fair value of the Convertible Note.

Cash and Cash Equivalents, Policy [Policy Text Block]

'

Cash - The Company considers all highly liquid instruments purchased with a maturity of three months or less at date of acquisition to be cash equivalents. There were no cash equivalents at August 31, 2014 or February 28, 2014.

Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]

'

Accounts Receivable - During the normal course of business, the Company extends credit to its franchisees for inventory, supplies and fees. An allowance for doubtful accounts is determined through analysis of the aging of accounts receivable, assessments of collectability based on historical trends, and an evaluation of the impact of current and projected economic conditions. The process by which the Company performs its analysis is conducted on a franchisee by franchisee basis and takes into account, among other relevant factors, sales history, outstanding receivables, customer financial strength, as well as customer specific and geographic market factors relevant to projected performance. The Company monitors the collectability of its accounts receivable on an ongoing basis by assessing the credit worthiness of its customers and evaluating the impact of reasonably likely changes in economic conditions that may impact credit risks. Estimates with regard to the collectability of accounts receivable are reasonably likely to change in the future.

Inventory, Policy [Policy Text Block]

'

Inventory - Inventories consisting of food, beverages, and supplies are stated at the lower of cost or market. An inventory reserve is established to reduce the cost of obsolete, damaged and excess inventories to the lower of cost or market based on actual differences. This inventory reserve is determined through analysis of items held in inventory, and, if the value of those items at cost is higher than their market value, the Company records an expense to reduce inventory to its actual market value. The process by which the Company performs its analysis is conducted on an item by item basis and takes into account, among other relevant factors, market value, sales history and future sales potential. Cost is determined using the first-in, first-out method.

Selling, General and Administrative Expenses, Policy [Policy Text Block]

'

Prepaid Expenses - Prepaid expenses include costs incurred for prepaid rents, insurance, professional fees and deferred offering costs. The Company capitalizes certain costs associated with the offering of its stock and adjusts the deferred cost to offset offering proceeds upon closing of the offering or expenses the costs upon abandonment of the offering.

Property, Plant and Equipment, Policy [Policy Text Block]

'

Leasehold Improvements, Property and Equipment - Leasehold improvements, property and equipment are recorded at cost. Depreciation and amortization are computed using the straight-line method based upon the estimated useful lives of the assets, which range from five to ten years.   Leasehold improvements are amortized on the straight-line method over the lives of the respective leases or the service lives of the improvements, whichever is shorter.

Company-owned cafés under development are accounted for as construction-in-process. Construction-in-process is recorded at acquisition cost, including leasehold improvements, equipment expenditures, professional fees and interest expense capitalized during the course of construction for the purpose of financing the project. Upon completion and readiness for use of the project, the cost of construction-in-process is transferred to the appropriate asset group. As of August 31, 2014 and February 28, 2014, the Company did not have any construction-in-process.

The Company reviews its long-lived assets through analysis of fair value whenever events or changes indicate the carrying amount of such assets may not be recoverable. The Company’s policy is to review the recoverability of all assets, at a minimum, on an annual basis. Based on its evaluation, the Company has determined that an impairment of $243,000 exists as of August 31, 2014.

Deposits, Policy [Policy Text Block]

'

Deposits - Deposits consist of security and utility deposits for multiple locations and a sales tax deposit held with the state of Nevada.

Goodwill and Intangible Assets, Policy [Policy Text Block]

'

Goodwill and Other Intangible Assets - The Company records intangible assets acquired in a business combination under the acquisition method of accounting at their estimated fair values at the date of acquisition. Goodwill represents the excess purchase price over the fair value of the net tangible and other identifiable intangible assets acquired. Other intangible assets are amortized over their estimated useful lives.

Goodwill is not amortized. Instead, goodwill is reviewed for impairment at least annually or on an interim basis between annual tests when events or circumstances indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying value. In assessing goodwill for impairment, the Company assesses qualitative factors to determine whether events or circumstances indicate that it is not more likely than not that fair value of a reporting unit is less than its carry amount. Goodwill impairment exists when the carrying value of goodwill exceeds its implied fair value.

Other intangible assets acquired in a business combination are recognized at fair value using generally accepted valuation methods appropriate for the type of intangible asset and reported separately from goodwill. Intangible assets with definite lives are amortized over the estimated useful lives and tested for impairment when events or circumstances occur that indicate that it is more likely than not that an impairment has occurred. Intangible assets with definite lives are tested for impairment by comparing the carrying amount to the sum of the net undiscounted cash flows expected to be generated by the asset whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. If the carrying amount of the asset exceeds its net undiscounted cash flows, then an impairment loss is recognized for the amount by which the carrying amount exceeds its fair value.

Intangible assets are generally valued as the present value of estimated future cash flows expected to be generated from the asset using a risk-adjusted discount rate. Estimates and assumptions about future expected revenue and remaining useful lives of the assets are used when determining the fair value of the Company’s intangible assets.

Deferred Rent [Policy Text Block]

'

Deferred Rent - Rent expense for company-owned leases, which provide for escalating rents over the terms of the leases, is recorded on a straight-line basis over the lease terms.  The lease terms begin when the Company has the right to control the use of the property, which was before rent payments were actually due under the leases.

The difference between the rent expense and the actual amount payable under the terms of the leases is recorded as a leasehold improvement asset and deferred rent liability on the balance sheets and as both an investing activity and a component of operating activities on the statements of cash flows.

Revenue Recognition, Policy [Policy Text Block]

'

Revenue Recognition Policy - The Company recognizes revenue once pervasive evidence that an agreement exists; the product has been rendered; the fee is fixed and determinable; and collection of the amount due is reasonably assured.

Revenue from company-owned café sales is recognized when food and beverage products are sold.  Café sales are reported net of sales discounts.

Revenue earned as a franchisor is derived from cafés in the Company’s worldwide territory and includes initial franchise fees and royalties. Initial franchise fee revenue from the sale of a franchise is recognized when the Company has substantially performed or satisfied all of its material obligations relating to the sale up through the point at which the franchisee is able to open the franchised café, and the Company has no intention of refunding the entire initial franchise fee or forgiving an unpaid note for the entire initial franchise fee. Substantial performance has occurred when the Company has (a) performed substantially all of its initial services required by the franchise agreement, such as providing to the franchisee (1) a copy of the Operations Manual; (2) assistance in site selection and selection of suppliers of equipment, furnishings, and food; (3) lease review and comments about the lease; and (4) the initial training course to one or two franchisee representatives; and (b) completed all of its other material pre-opening obligations. The Company defers revenue from the initial franchise fee until (a) commencement of operations by the franchisee; or (b) if the franchisee does not open the franchised café, (1) the date on which all pre-opening services and obligations of the Company are substantially complete, or (2) an earlier date on which the franchisee has abandoned its efforts to proceed with the franchise operations, and in either situation, the franchisee is not entitled to, and is not given, a refund of the initial franchise fee. Royalties ranging from three to five percent of net café sales are recognized in the period in which they are earned.

Rebates received from purveyors that supply products to the Company’s franchisees are included in franchise royalties and fees. Rebates related to company-owned cafés are offset against café operating costs. Product rebates are recognized in the period in which they are earned.

The Company also recognizes a marketing and promotion fee of one percent of net café sales which are included in franchise royalties and fees.

Advertising Costs, Policy [Policy Text Block]

'

Marketing and Advertising Expense - The Company engages in local and regional marketing efforts by distributing advertisements, coupons and marketing materials as well as sponsoring local and regional events. The Company recognizes marketing and advertising expense as incurred.

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

'

Share-based Compensation Expense - The Company recognizes all forms of share-based payments, including stock option grants, warrants, and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest.

Share-based payments, excluding restricted stock, are valued using a Black-Scholes option pricing model. Share-based payment awards issued to non-employees for services rendered are recorded at either the fair value of the services rendered or the fair value of the share-based payment, whichever is more readily determinable. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period.

When computing fair value of share-based compensation, the Company considers the following variables:

●

The expected option term is computed using the “simplified” method.

●

The expected volatility is based on the historical volatility of its common stock using the daily quoted closing trading prices.

●

The risk-free interest rate assumption is based on the U.S. Treasury yield for a period consistent with the expected term of the option in effect at the time of the grant.

●

The Company has not paid any dividends on common stock since its inception and does not anticipate paying dividends on its common stock in the foreseeable future.

●

The forfeiture rate is based on the historical forfeiture rate for its unvested stock options.

Income Tax, Policy [Policy Text Block]

'

Income Taxes - The Company recognizes deferred tax liabilities and assets based on the differences between the tax basis of assets and liabilities and their reported amounts in the financial statements that will result in taxable or deductible amounts in future years. The Company has significant net operating loss carryovers. In accordance with section 382 of the Internal Revenue Code, deductibility of net operating loss carryovers may be subject to annual limitation in the event of a change in control. We have performed a preliminary evaluation as to whether a change in control has taken place, and have concluded that there was a change of control with respect to the net operating losses when 60% of the Company was acquired in January 2013. Our effective income tax rate may increase in future periods, or for the full year as a result of estimates related to the income tax liability arising from the income before income taxes of U-Swirl, Inc.

Earnings Per Share, Policy [Policy Text Block]

'

Earnings (Loss) per Share - Basic earnings (loss) per share is computed as net earnings (losses) divided by the weighted average number of common shares outstanding and stock payable during each year. Diluted earnings (loss) per share reflects the potential dilution that could occur from common shares issuable through stock options, warrants and restricted stock units.  Stock payable is considered in the calculation of earnings (loss) per share when the Company believes that all conditions of the issuance have been met, or are reasonably likely to be met. At August 31, 2014 the company included 4,277,778 shares of stock payable in the calculation of earnings (loss) per share.

Fair Value of Financial Instruments, Policy [Policy Text Block]

'

Fair Value Election - As discussed in Note 8, the Company entered into a convertible note agreement with RMCF in January 2014 (the “Convertible Note”). The Convertible Note contains a compound embedded derivative that requires separate accounting from the host debt instrument. The Company elected the fair value option for the Convertible Note as management believes recording the note at fair value better reflects the underlying economics of the transaction.

Fair Value Measurements - Authoritative guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date.  The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:

Level 1: Quoted prices are available in active markets for identical assets or liabilities;

Level 2: Quoted prices in active markets for similar assets and liabilities that are observable for the asset or liability; or

Level 3: Unobservable pricing inputs that are generally less observable from objective sources, such as discounted cash flow models or valuations.

The valuation policies are determined by the Chief Financial Officer (the “CFO”). Each quarter, the CFO will update the inputs used in the fair value calculations and internally review the changes from period to period for reasonableness.

The Company has consistently applied the valuation techniques discussed below in all periods presented. The following table presents the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of August 31, 2014 and February 28, 2014 by level within the fair value hierarchy:

28-Feb-14

Level 1

Level 2

Level 3

Total

Liabilities

Convertible Note

$

-

$

-

$

7,970,666

$

7,970,666

31-Aug-14

Level 1

Level 2

Level 3

Total

Liabilities

Convertible Note

$

-

$

-

$

6,601,522

$

6,601,522

The Company determined the fair value of the Convertible Note using the income valuation technique. Because of the hybrid nature of the Convertible Note, the Company first valued the debt host contract, or straight “bond”, component using a discounted cash flow analysis, and then valued the compound embedded derivative features using a Flexible Monte Carlo simulation. See Note 8 for discussion of the embedded features. Significant inputs to the valuation model include the coupon rate, effective yield, volatility, expected return and implied equity value. In addition, the following inputs were used in the Flexible Monte Carlo simulation to value the compound embedded derivative scenarios using different conversion dates, conversion rates, likelihood of default, conversion behavior and dilution of stock price on conversion.

The Company’s Convertible Note is included in the Level 3 fair value hierarchy because not all the significant inputs are directly or indirectly observable.

The following table summarizes the valuation techniques, models and significant unobservable inputs used for the Company’s Convertible Note (broken into its components), categorized within Level 3 of the fair value hierarchy:

Liabilities

Fair Value at

Fair Value at February 28, 2014

Valuation Techniques

Unobservable Inputs

at Fair Value

31-Aug-14

/ Model

Bond component

$

5,302,194

$

6,177,626

Income approach using discounted cash flow model

Effective yield ranging from 12.5%-20%

Embedded conversion features

$

1,288,892

$

1,791,773

Income approach using flexible Monte Carlo simulation

Expected return ranging

from 5% - 10%

Implied Equity Value

ranging from 5% - 10%

Significant increases (decreases) in the unobservable inputs used in the fair value measurements would result in a significantly lower (higher) fair value measurement.

The following table sets forth a reconciliation of changes in the fair value of the Convertible Note classified as Level 3 in the fair value hierarchy:

Balance, February 28, 2014

$

7,970,666

Purchases

372,007

Payments

(1,509,529

)

Unrealized gain

(240,791

)

Subtotal

6,592,353

Undrawn commitment fees

9,169

Balance, August 31, 2014

$

6,601,522

Consolidation, Policy [Policy Text Block]

'

Accounting Policy for Ownership Interests in Investees - The accompanying Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries, after elimination of all material intercompany accounts, transactions, and profits.

New Accounting Pronouncements, Policy [Policy Text Block]

'

New Accounting Pronouncements - In May 2014, FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers,” which supersedes the revenue recognition requirements in “Revenue Recognition (Topic 605),” and requires entities to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and is to be applied retrospectively, with early application not permitted. The Company is currently evaluating the new standard.

Note_1_Description_of_Business1

Note 1 - Description of Business (Tables)	6 Months Ended
	Aug. 31, 2014
Disclosure Text Block [Abstract]	'
Schedule of Franchisor Disclosure [Table Text Block]	'
		Locations
	Company-owned Cafés
	CherryBerry		1
	Yogli Mogli		1
	U-Swirl		6
	Aspen Leaf Yogurt		1
	Franchised and licensed Cafés
	Fuzzy Peach		19
	Josie’s		8
	CherryBerry		168
	Yogli Mogli		24
	U-Swirl		32
	Aspen Leaf Yogurt		10
	Yogurtini		26
	Total		296

Note_2_Summary_of_Significant_1

Note 2 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Aug. 31, 2014
Accounting Policies [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	'
	28-Feb-14	Level 1			Level 2			Level 3		Total
	Liabilities
	Convertible Note	$	-		$	-		$	7,970,666	$	7,970,666
	31-Aug-14	Level 1			Level 2			Level 3		Total
	Liabilities
	Convertible Note	$	-		$	-		$	6,601,522	$	6,601,522
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]	'
	Liabilities	Fair Value at			Fair Value at February 28, 2014		Valuation Techniques	Unobservable Inputs
	at Fair Value	31-Aug-14					/ Model
	Bond component	$	5,302,194		$	6,177,626	Income approach using discounted cash flow model	Effective yield ranging from 12.5%-20%
	Embedded conversion features	$	1,288,892		$	1,791,773	Income approach using flexible Monte Carlo simulation	Expected return ranging
								from 5% - 10%
								Implied Equity Value
								ranging from 5% - 10%
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	'
	Balance, February 28, 2014	$	7,970,666
	Purchases		372,007
	Payments		(1,509,529	)
	Unrealized gain		(240,791	)
	Subtotal		6,592,353
	Undrawn commitment fees		9,169
	Balance, August 31, 2014	$	6,601,522

Note_3_Accounts_Receivable_Tab

Note 3 - Accounts Receivable (Tables)	6 Months Ended
	Aug. 31, 2014
Receivables [Abstract]	'
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	'
		August 31,			February 28,
		2014			2014
	Accounts receivable, trade	$	298,919		$	175,348
	Allowance for doubtful accounts		(68,000	)		(10,000	)
	Accounts receivable, other		382,256			1,253,612
	Accounts receivable, net	$	613,175		$	1,418,960
	Accounts receivable, related party	$	-		$	11,989

Note_4_Inventory_Tables

Note 4 - Inventory (Tables)	6 Months Ended
	Aug. 31, 2014
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
		August 31,		February 28,
		2014		2014
	Food and beverages	$	95,470	$	61,108
	Paper products/Supplies		63,084		57,111
	Inventory	$	158,554	$	118,219

Note_5_Leasehold_ImprovementsP1

Note 5 - Leasehold Improvements,Property and Equipment (Tables)	6 Months Ended
	Aug. 31, 2014
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment [Table Text Block]	'
		August 31,			February 28,
		2014			2014
	Café equipment	$	1,304,752		$	1,580,650
	Furniture and fixtures		494,718			573,421
	Computer equipment		150,625			184,646
	Vehicles		30,342			30,342
	Leasehold improvements		1,690,030			2,079,227
	Provision for asset impairment		(243,000	)
			3,427,467			4,448,286
	Less: accumulated depreciation		(1,695,892	)		(1,508,466	)
	Leasehold improvements, property and equipment, net	$	1,731,575		$	2,939,820

Note_6_Goodwill_and_Intangible1

Note 6 - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Aug. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Intangible Assets and Goodwill [Table Text Block]	'
		31-Aug-14								28-Feb-14
		Amortization Period			Gross Carrying		Accumulated Amortization		Gross Carrying		Accumulated Amortization
		(years)			Value				Value
	Intangible assets subject to amortization
	Trademark/Non competition agreements	5	-	20		590,000		20,906		590,000		5,226
	Franchise Rights		20			6,580,034		257,883		6,580,034		90,786
	Total					7,170,034		278,789		7,170,034		96,012
	Intangible assets not subject to amortization
	Franchising segment-
	Company stores goodwill					23,000		-		109,000		-
	Franchising goodwill					3,060,500		-		3,060,500		-
	Total Goodwill					3,083,500		0		3,169,500		0
	Total intangible assets				$	10,253,534	$	278,789	$	10,339,534	$	96,012
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	'
	2015	$	189,043
	2016		411,477
	2017		457,050
	2018		479,809
	2019		492,502
	Thereafter		4,861,364
	Total	$	6,891,245

Note_8_Notes_Payable_Related_P1

Note 8 - Notes Payable, Related Party (Tables)	6 Months Ended
	Aug. 31, 2014
Note 8 - Notes Payable, Related Party (Tables) [Line Items]	'
Schedule of Long-term Debt Instruments [Table Text Block]	'
		Amount
	2015	$	11,589
	2016		7,168,268
	2017		25,741
	2018		27,329
	Thereafter		16,714
	Total minimum payments		7,249,641
	Less: current maturities		(24,257	)
	Long-term obligations	$	7,225,384
RMCF [Member]	'
Note 8 - Notes Payable, Related Party (Tables) [Line Items]	'
Convertible Debt [Table Text Block]	'
		August 31,			February 28,
		2014			2014
	Principal	$	5,541,087		$	6,678,609
	Undrawn commitment fees		10,436			1,267
	Fair value adjustment		1,049,999			1,290,790
	Balance	$	6,601,522		$	7,970,666
	Less: current maturities		-			-
	Convertible note	$	6,601,522		$	7,970,666
Schedule of Long-term Debt Instruments [Table Text Block]	'
		August 31,			February 28,
		2014			2014
	Convertible note, secured, due 1/16/16 - principal	$	5,551,523		$	6,679,876
	Construction Loans, secured, due 9/15/18 - principal		105,619			116,867
	Management services payable		542,500			542,500
	Balance, principal	$	6,199,642		$	7,339,243
	Less: current maturities		(24,257	)		(22,837	)
	Long-term obligations	$	6,175,385		$	7,316,406

Note_9_Franchise_Royalties_and1

Note 9 - Franchise Royalties and Fees (Tables)	6 Months Ended
	Aug. 31, 2014
Franchise Royalties And Fees [Text Block] [Abstract]	'
Summary of Franchise Royalties and Fees [Table Text Block]	'
		31-Aug-14		31-Aug-13
	Royalty income	$	1,486,794	$	440,780
	Franchise fee income		104,250		48,361
	Rebate income from purveyors that supply products to franchisees		337,083		210,938
	Marketing fees		281,419		78,065
	Franchise royalties and fees	$	2,209,546	$	778,144

Note_10_Occupancy_and_Related_1

Note 10 - Occupancy and Related Expenses (Tables)	6 Months Ended
	Aug. 31, 2014
Occupancy And Related Expenses [Text Block] [Abstract]	'
Occupancy and Related Expenses [Table Text Block]	'
		31-Aug-14		31-Aug-13
	Rent	$	244,764	$	323,502
	Real estate taxes, insurance and CAM fees		73,159		79,081
	Utilities		87,947		78,044
	Occupancy and related expenses	$	405,870	$	480,627

Note_11_Stockholders_Equity_Ta

Note 11 - Stockholders' Equity (Tables)	6 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Schedule of Nonvested Share Activity [Table Text Block]	'
		Non-vested Shares		Weighted Average Grant Date Fair Value		Weighted Average Remaining Vesting Period (years)
	Outstanding - February 28, 2014		607,998		0.1275	3.88
	Granted		-		-
	Vested		-		-
	Forfeited/Cancelled		-		-
	Outstanding - August 31, 2014		607,998	$	0.1275	3.38

Note_12_Stock_Options_Tables

Note 12 - Stock Options (Tables)	6 Months Ended
	Aug. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	'
		Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Average
						(years)	Intrinsic Value
	Outstanding - February 28, 2014		762,000	$	0.38	2.37	$	360,840
	Granted		-		-
	Exercised		-		-
	Forfeited/Cancelled		-		-
	Outstanding - August 31, 2014		762,000	$	0.38	1.87	$	94,140
	Exercisable - August 31, 2014		762,000	$	0.38	1.87	$	94,140

Note_13_Warrants_Tables

Note 13 - Warrants (Tables)	6 Months Ended
	Aug. 31, 2014
Warrants [Text Block] [Abstract]	'
Schedule of Share-based Compensation, Activity [Table Text Block]	'
		Warrants			Weighted		Weighted Average Remaining	Average
					Average		Contractual Life	Intrinsic Value
					Exercise Price		(years)
	Outstanding - February 28, 2014		6,023,247		$	0.62	1.8	$	1,751,764
	Granted		-			-
	Exercised		(4,032,397	)		0.6
	Forfeited/Cancelled		(297,850	)		0.6
	Outstanding - August 31, 2014		1,693,000		$	0.66	1.72	$	158,835
	Exercisable - August 31, 2014		333,532		$	0.96	1.4	$	16,296

Note_15_Restructuring_and_Acqu1

Note 15 - Restructuring and Acquisition Related Charges (Tables)	6 Months Ended
	Aug. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Restructuring and Related Costs [Table Text Block]	'
		2014
	Professional fees	$	104,876
	Severance/transitional compensation		211,747
	Accelerated restricted stock unit vesting		65,329
	Leasehold improvements, property and equipment Impairment		243,000
	Other		3,125
	Total	$	628,077

Note_1_Description_of_Business2

Note 1 - Description of Business (Details) (USD $)	1 Months Ended
	Jan. 31, 2014	Jan. 31, 2014	Feb. 28, 2014	Jan. 31, 2013
	CherryBerry [Member]	Yogli Mogli [Member]	Fuzzy Peach Frozen Yogurt [Member]	U-Swirl Inc [Member]
				Rocky Mountain Chocolate Factory Inc [Member]
Note 1 - Description of Business (Details) [Line Items]	'	'	'	'
Equity Method Investment, Ownership Percentage	'	'	'	60.00%
Debt Instrument, Face Amount	'	'	'	$900,000
Business Combination, Consideration Transferred	4,250,000	2,150,000	'	'
Stock Issued During Period, Shares, Acquisitions (in Shares)	4,000,000	277,778	'	'
Payments to Acquire Businesses, Gross	'	'	481,000	'
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	'	'	$349,000	'

Note_1_Description_of_Business3

Note 1 - Description of Business (Details) - Number of Locations	Aug. 31, 2014
Locations	'
Cafes	296
Entity Operated Units [Member] | CherryBerry [Member]	'
Locations	'
Cafes	1
Entity Operated Units [Member] | Yogli Mogli [Member]	'
Locations	'
Cafes	1
Entity Operated Units [Member] | U-Swirl Inc [Member]	'
Locations	'
Cafes	6
Entity Operated Units [Member] | Aspen Leaf [Member]	'
Locations	'
Cafes	1
Franchised Units [Member] | CherryBerry [Member]	'
Locations	'
Cafes	168
Franchised Units [Member] | Yogli Mogli [Member]	'
Locations	'
Cafes	24
Franchised Units [Member] | U-Swirl Inc [Member]	'
Locations	'
Cafes	32
Franchised Units [Member] | Aspen Leaf [Member]	'
Locations	'
Cafes	10
Franchised Units [Member] | Fuzzy Peach Frozen Yogurt [Member]	'
Locations	'
Cafes	19
Franchised Units [Member] | Josie's [Member]	'
Locations	'
Cafes	8
Franchised Units [Member] | Yogurtini [Member]	'
Locations	'
Cafes	26

Note_2_Summary_of_Significant_2

Note 2 - Summary of Significant Accounting Policies (Details) (USD $)	1 Months Ended	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2014	Feb. 28, 2014
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'
Cash Equivalents, at Carrying Value	$0	$0	$0
Property, Plant and Equipment, Gross	3,427,467	3,427,467	4,448,286
Asset Impairment Charges	243,000	243,000	'
Construction in Progress [Member]	'	'	'
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'
Property, Plant and Equipment, Gross	$0	$0	$0
Minimum [Member]	'	'	'
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'
Property, Plant and Equipment, Estimated Useful Lives	'	'five	'
Maximum [Member]	'	'	'
Note 2 - Summary of Significant Accounting Policies (Details) [Line Items]	'	'	'
Property, Plant and Equipment, Estimated Useful Lives	'	'ten	'

Note_2_Summary_of_Significant_3

Note 2 - Summary of Significant Accounting Policies (Details) - Fair Value of Assets and Liabilities Measured on a Recurring Basis (Fair Value, Measurements, Recurring [Member], USD $)	Aug. 31, 2014	Feb. 28, 2014
Liabilities	'	'
Convertible Note	$6,601,522	$7,970,666
Fair Value, Inputs, Level 3 [Member]	'	'
Liabilities	'	'
Convertible Note	$6,601,522	$7,970,666

Note_2_Summary_of_Significant_4

Note 2 - Summary of Significant Accounting Policies (Details) - Summary of the Valuation Techniques, Models, and Significant Unobservable Inputs Broken Into Components (Income Approach Valuation Technique [Member], USD $)	6 Months Ended	12 Months Ended
	Aug. 31, 2014	Feb. 28, 2014
Income Approach Valuation Technique [Member]	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'
Bond component	$5,302,194	$6,177,626
Embedded conversion features	$1,288,892	$1,791,773

Note_2_Summary_of_Significant_5

Note 2 - Summary of Significant Accounting Policies (Details) - Summary of the Valuation Techniques, Models, and Significant Unobservable Inputs Broken Into Components (Parentheticals)	Aug. 31, 2014	Feb. 28, 2014
Minimum [Member]	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'
Effective Yield	12.50%	12.50%
Expected Return	5.00%	5.00%
Implied Equity Value	5.00%	5.00%
Maximum [Member]	'	'
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]	'	'
Effective Yield	20.00%	20.00%
Expected Return	10.00%	10.00%
Implied Equity Value	10.00%	10.00%

Note_2_Summary_of_Significant_6

Note 2 - Summary of Significant Accounting Policies (Details) - Reconciliation of Changes in the Fair Value of the Convertible Note (USD $)	6 Months Ended
	Aug. 31, 2014
Reconciliation of Changes in the Fair Value of the Convertible Note [Abstract]	'
Balance, February 28, 2014	$7,970,666
Balance, August 31, 2014	6,601,522
Purchases	372,007
Payments	-1,509,529
Unrealized gain	-240,791
Subtotal	6,592,353
Undrawn commitment fees	$9,169

Note_3_Accounts_Receivable_Det

Note 3 - Accounts Receivable (Details) - Account Receivable (USD $)	Aug. 31, 2014	Feb. 28, 2014
Account Receivable [Abstract]	'	'
Accounts receivable, trade	$298,919	$175,348
Allowance for doubtful accounts	-68,000	-10,000
Accounts receivable, other	382,256	1,253,612
Accounts receivable, net	613,175	1,418,960
Accounts receivable, related party	'	$11,989

Note_4_Inventory_Details_Inven

Note 4 - Inventory (Details) - Inventory (USD $)	Aug. 31, 2014	Feb. 28, 2014
Inventory [Abstract]	'	'
Food and beverages	$95,470	$61,108
Paper products/Supplies	63,084	57,111
Inventory	$158,554	$118,219

Note_5_Leasehold_ImprovementsP2

Note 5 - Leasehold Improvements,Property and Equipment (Details) (USD $)	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Property, Plant and Equipment [Abstract]	'	'
Depreciation	$250,058	$210,948

Note_5_Leasehold_ImprovementsP3

Note 5 - Leasehold Improvements,Property and Equipment (Details) - Leasehold Improvements, Property and Equipment (USD $)	Aug. 31, 2014	Feb. 28, 2014
Property, Plant and Equipment [Line Items]	'	'
Leasehold Improvements,Property and Equipment	$3,427,467	$4,448,286
Less: accumulated depreciation	-1,695,892	-1,508,466
Leasehold improvements, property and equipment, net	1,731,575	2,939,820
Provision for asset impairment	-243,000	'
Cafe Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Leasehold Improvements,Property and Equipment	1,304,752	1,580,650
Furniture and Fixtures [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Leasehold Improvements,Property and Equipment	494,718	573,421
Computer Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Leasehold Improvements,Property and Equipment	150,625	184,646
Vehicles [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Leasehold Improvements,Property and Equipment	30,342	30,342
Leasehold Improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Leasehold Improvements,Property and Equipment	$1,690,030	$2,079,227

Note_6_Goodwill_and_Intangible2

Note 6 - Goodwill and Intangible Assets (Details) (USD $)	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization of Intangible Assets	$182,777	$0

Note_6_Goodwill_and_Intangible3

Note 6 - Goodwill and Intangible Assets (Details) - Intangible Assets (USD $)	6 Months Ended
	Aug. 31, 2014	Feb. 28, 2014
Intangible assets subject to amortization	'	'
Gross Carrying Value	$7,170,034	$7,170,034
Accumulated Amortization	278,789	96,012
Franchising segment-	'	'
Gross Carrying Value	3,083,500	3,169,500
Accumulated Amortization	0	0
Total intangible assets	10,253,534	10,339,534
Total intangible assets	278,789	96,012
Trademark and Non Competition Agreements [Member] | Minimum [Member]	'	'
Intangible assets subject to amortization	'	'
Amortization Period (Years)	'5 years	'
Trademark and Non Competition Agreements [Member] | Maximum [Member]	'	'
Intangible assets subject to amortization	'	'
Amortization Period (Years)	'20 years	'
Trademark and Non Competition Agreements [Member]	'	'
Intangible assets subject to amortization	'	'
Gross Carrying Value	590,000	590,000
Accumulated Amortization	20,906	5,226
Franchising segment-	'	'
Total intangible assets	20,906	5,226
Franchise Rights [Member]	'	'
Intangible assets subject to amortization	'	'
Amortization Period (Years)	'20 years	'
Gross Carrying Value	6,580,034	6,580,034
Accumulated Amortization	257,883	90,786
Franchising segment-	'	'
Total intangible assets	257,883	90,786
Company Stores Goodwill [Member]	'	'
Franchising segment-	'	'
Gross Carrying Value	23,000	109,000
Franchising Goodwill [Member]	'	'
Franchising segment-	'	'
Gross Carrying Value	$3,060,500	$3,060,500

Note_6_Goodwill_and_Intangible4

Note 6 - Goodwill and Intangible Assets (Details) - Annual Amortization of Intangible Assets (USD $)	Aug. 31, 2014
Annual Amortization of Intangible Assets [Abstract]	'
2015	$189,043
2016	411,477
2017	457,050
2018	479,809
2019	492,502
Thereafter	4,861,364
Total	$6,891,245

Note_7_Deferred_Revenue_Detail

Note 7 - Deferred Revenue (Details) (USD $)	Aug. 31, 2014	Feb. 28, 2014
Deferred Revenue Disclosure [Abstract]	'	'
Deferred Revenue,Net	$1,281,114	$1,688,647

Note_8_Notes_Payable_Related_P2

Note 8 - Notes Payable, Related Party (Details) (USD $)	Aug. 31, 2014	Aug. 31, 2014	Aug. 31, 2014	Aug. 31, 2014	Aug. 31, 2014	Jan. 16, 2014	Aug. 31, 2014	Feb. 28, 2014	Jul. 31, 2013
	RMCF [Member]	RMCF [Member]	RMCF [Member]	RMCF [Member]	RMCF [Member]	RMCF [Member]	RMCF [Member]	RMCF [Member]	Notes Payable, Related Party [Member]
	Principal [Member]	Interest [Member]	Conversion Price per Share If Paid Out via Implied Equity Value [Member]	Loan Agreement [Member]	Loan Agreement [Member]	Loan Agreement [Member]
	Loan Agreement [Member]	Loan Agreement [Member]	Loan Agreement [Member]
Note 8 - Notes Payable, Related Party (Details) [Line Items]	'	'	'	'	'	'	'	'	'
Debt Instrument, Interest Rate, Stated Percentage	'	'	'	9.00%	9.00%	'	'	'	6.00%
Notes Payable, Related Partie, Maximum Borrowing Capacity	'	'	'	'	'	$7,750,000	'	'	'
Proceeds from Notes Payable	'	'	'	8,038,616	'	'	'	'	'
Repayments of Notes Payable	'	'	'	2,497,529	'	'	'	'	'
Notes Payable, Related Parties	'	'	'	5,541,087	5,541,087	'	6,199,642	7,339,243	'
Debt Instrument, Convertible, Conversion Price (in Dollars per share)	$0.90	$0.45	'	'	'	'	'	'	'
Notes Payable, Related Parties, Maximum Prepayment Amount	'	'	'	2,100,000	'	'	'	'	'
Debt Instrument, Redemption Price, Percentage	'	'	'	108.00%	'	'	'	'	'
Default Interest Rate	'	'	'	15.00%	15.00%	'	'	'	'
Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss)	'	'	'	'	240,791	'	'	'	'
Undrawn Commitment Fee, Percentage	'	'	'	0.10%	0.10%	'	'	'	'
Undrawn Commitment Fee, Preferred Stock, Price Per Share (in Dollars per share)	'	'	'	'	$0.45	'	'	'	'
Debt Instrument, Convertible, Conversion Multiple	'	'	3	'	'	'	'	'	'
Debt Issuance Cost	'	'	'	$542,500	'	'	'	'	'

Note_8_Notes_Payable_Related_P3

Note 8 - Notes Payable, Related Party (Details) - Convertible Notes Payable Due to RMCF (USD $)	3 Months Ended	12 Months Ended
	Aug. 31, 2014	Feb. 28, 2014
Note 8 - Notes Payable, Related Party (Details) - Convertible Notes Payable Due to RMCF [Line Items]	'	'
Convertible note	$7,225,384	$8,607,196
RMCF [Member] | Convertible Debt [Member]	'	'
Note 8 - Notes Payable, Related Party (Details) - Convertible Notes Payable Due to RMCF [Line Items]	'	'
Principal	5,541,087	6,678,609
Undrawn commitment fees	10,436	1,267
Fair value adjustment	1,049,999	1,290,790
Balance	6,601,522	7,970,666
Convertible note	6,601,522	7,970,666
RMCF [Member]	'	'
Note 8 - Notes Payable, Related Party (Details) - Convertible Notes Payable Due to RMCF [Line Items]	'	'
Balance	6,199,642	7,339,243
Convertible note	$6,175,385	$7,316,406

Note_8_Notes_Payable_Related_P4

Note 8 - Notes Payable, Related Party (Details) - Notes Payable Due to RMCF (USD $)	Aug. 31, 2014	Feb. 28, 2014
Debt Instrument [Line Items]	'	'
Long-term obligations	$7,225,384	$8,607,196
RMCF [Member] | Principal [Member] | Convertible Debt [Member]	'	'
Debt Instrument [Line Items]	'	'
Notes Payable	5,551,523	6,679,876
RMCF [Member] | Principal [Member] | Construction Loans,Secured,Due 9/15/18 [Member]	'	'
Debt Instrument [Line Items]	'	'
Notes Payable	105,619	116,867
RMCF [Member] | Convertible Debt [Member]	'	'
Debt Instrument [Line Items]	'	'
Notes Payable	6,601,522	7,970,666
Long-term obligations	6,601,522	7,970,666
RMCF [Member] | Management Serives Payable [Member]	'	'
Debt Instrument [Line Items]	'	'
Notes Payable	542,500	542,500
RMCF [Member]	'	'
Debt Instrument [Line Items]	'	'
Notes Payable	6,199,642	7,339,243
Less: current maturities	-24,257	-22,837
Long-term obligations	$6,175,385	$7,316,406

Note_8_Notes_Payable_Related_P5

Note 8 - Notes Payable, Related Party (Details) - Notes Payable Due to RMCF (Parentheticals)	6 Months Ended
	Aug. 31, 2014
Convertible Debt [Member]	'
Debt Instrument [Line Items]	'
Due dates of maturity	16-Jan-16
Construction Loans,Secured,Due 9/15/18 [Member]	'
Debt Instrument [Line Items]	'
Due dates of maturity	15-Sep-18

Note_8_Notes_Payable_Related_P6

Note 8 - Notes Payable, Related Party (Details) - Notes Payable Obligations and Related Accrued Interest (USD $)	Aug. 31, 2014	Feb. 28, 2014
Notes Payable Obligations and Related Accrued Interest [Abstract]	'	'
2015	$11,589	'
2016	7,168,268	'
2017	25,741	'
2018	27,329	'
Thereafter	16,714	'
Total minimum payments	7,249,641	'
Less: current maturities	-24,257	-22,837
Long-term obligations	$7,225,384	$8,607,196

Note_9_Franchise_Royalties_and2

Note 9 - Franchise Royalties and Fees (Details) - Franchise Royalties and Fees (USD $)	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Franchise Royalties and Fees [Abstract]	'	'
Royalty income	$1,486,794	$440,780
Franchise fee income	104,250	48,361
Rebate income from purveyors that supply products to franchisees	337,083	210,938
Marketing fees	281,419	78,065
Franchise royalties and fees	$2,209,546	$778,144

Note_10_Occupancy_and_Related_2

Note 10 - Occupancy and Related Expenses (Details) - Occupancy and Related Expenses (USD $)	3 Months Ended		6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014	Aug. 31, 2013
Occupancy and Related Expenses [Abstract]	'	'	'	'
Rent	'	'	$244,764	$323,502
Real estate taxes, insurance and CAM fees	'	'	73,159	79,081
Utilities	'	'	87,947	78,044
Occupancy and related expenses	$184,306	$232,284	$405,870	$480,627

Note_11_Stockholders_Equity_De

Note 11 - Stockholders' Equity (Details) (USD $)	0 Months Ended	6 Months Ended
	Jan. 14, 2013	Aug. 31, 2014	Aug. 31, 2013
Note 11 - Stockholders' Equity (Details) [Line Items]	'	'	'
Share-based Compensation	'	$152,518	$41,525
Allocated Share-based Compensation Expense	'	0	31,835
Restricted Stock [Member]	'	'	'
Note 11 - Stockholders' Equity (Details) [Line Items]	'	'	'
Stock Issued During Period, Shares, Issued for Services (in Shares)	'	250,000	0
Share-based Compensation	96,900	77,500	'
Allocated Share-based Compensation Expense	'	75,019	9,690
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in Shares)	759,999	'	'
Annual vesting percentage	20.00%	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'5 years	'	'
Employee Stock Option [Member]	'	'	'
Note 11 - Stockholders' Equity (Details) [Line Items]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	'	123.53%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	'	125.65%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	'	0.40%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum	'	1.09%	'
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	'	'3 years	'
Allocated Share-based Compensation Expense	'	$0	$31,835

Note_11_Stockholders_Equity_De1

Note 11 - Stockholders' Equity (Details) - Non Vested Restricted Stock Activity (Restricted Stock [Member], USD $)	6 Months Ended	12 Months Ended
	Aug. 31, 2014	Feb. 28, 2014
Restricted Stock [Member]	'	'
Note 11 - Stockholders' Equity (Details) - Non Vested Restricted Stock Activity [Line Items]	'	'
Outstanding - Non-vested Shares	607,998	607,998
Outstanding - Weighted Average Grant Date Fair Value	$0.13	$0.13
Outstanding - Weighted Average Remaining Vesting Period (in years)	'3 years 138 days	'3 years 321 days

Note_12_Stock_Options_Details

Note 12 - Stock Options (Details) (USD $)	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	Jun. 27, 2007	Apr. 20, 2011
			2007 Stock Option Plan [Member]	2011 Stock Option Plan [Member]
Note 12 - Stock Options (Details) [Line Items]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	'	'	1,544,002	750,000
Allocated Share-based Compensation Expense	$0	$31,835	'	'

Note_12_Stock_Options_Details_

Note 12 - Stock Options (Details) - Stock Option Activity (USD $)	6 Months Ended	12 Months Ended
	Aug. 31, 2014	Feb. 28, 2014
Stock Option Activity [Abstract]	'	'
Outstanding - Options	762,000	762,000
Outstanding - Weighted Average Exercise Price	$0.38	$0.38
Outstanding - Weighted Average Remaining Contractual Life (in years)	'1 year 317 days	'2 years 135 days
Outstanding - Average Intrinsic Value	$94,140	$360,840
Exercisable - August 31, 2014	762,000	'
Exercisable - August 31, 2014	$0.38	'
Exercisable - August 31, 2014	'1 year 317 days	'
Exercisable - August 31, 2014	$94,140	'

Note_13_Warrants_Details

Note 13 - Warrants (Details) (USD $)	6 Months Ended			1 Months Ended	0 Months Ended	3 Months Ended			3 Months Ended	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	Feb. 28, 2014	22-May-14	31-May-14	31-May-14	Aug. 31, 2014	22-May-14	31-May-14	Aug. 31, 2014	Aug. 31, 2013
				RMCF [Member]	Class C Warrants [Member]	Class C Warrants [Member]	Class C Warrants [Member]	Class C Warrants [Member]	Underwriter's Warrants [Member]	Related to Stock Warrants Issued [Member]	Related to Stock Warrants Issued [Member]
				Class C Warrants [Member]
Note 13 - Warrants (Details) [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Class of Warrant or Right, Exercise Price of Warrants or Rights	$0.66	'	$0.62	'	'	'	'	$0.60	'	'	'
Class of Warrant or Right, Redemption Price of Cancelled Warrants	'	'	'	'	'	'	$0.05	'	'	'	'
	4,032,397	'	'	'	'	1,515,882	'	'	44,312	'	'
Proceeds from Warrant Exercises	$892,895	'	'	'	'	$930,799	'	'	'	'	'
Warrant Redemption Deposit	'	'	'	'	11,343	'	'	'	'	'	'
	297,850	'	'	'	226,865	'	'	'	'	'	'
Stock Issued During Period, Shares, Warrants Exercised	'	'	'	565,261	'	'	'	'	'	'	'
Allocated Share-based Compensation Expense	$0	$31,835	'	'	'	'	'	'	'	$0	$0

Note_13_Warrants_Details_Warra

Note 13 - Warrants (Details) - Warrant Activity (USD $)	6 Months Ended	12 Months Ended
	Aug. 31, 2014	Feb. 28, 2014
Warrant Activity [Abstract]	'	'
Outstanding - Warrants (in Shares)	1,693,000	6,023,247
Outstanding - Weighted Average Exercise Price	$0.66	$0.62
Outstanding - Weighted Average Remaining Contractual Life (in years)	'1 year 262 days	'1 year 292 days
Outstanding - Average Intrinsic Value (in Dollars)	$158,835	$1,751,764
Exercisable - August 31, 2014 (in Shares)	333,532	'
Exercisable - August 31, 2014	$0.96	'
Exercisable - August 31, 2014	$1.40	'
Exercisable - August 31, 2014 (in Dollars)	$16,296	'
Exercised (in Shares)	-4,032,397	'
Exercised	$0.60	'
Forfeited/Cancelled (in Shares)	-297,850	'
Forfeited/Cancelled	$0.60	'

Note_14_Related_Party_Transact1

Note 14 - Related Party Transactions (Details) (USD $)	Aug. 31, 2014	Feb. 28, 2014
Note 14 - Related Party Transactions (Details) [Line Items]	'	'
Accounts Receivable, Related Parties, Current	'	$11,989
Due to Related Parties, Current	164,710	290,978
Deferred Revenue Related Party	30,000	30,000
Notes Payable, Related Party [Member]	'	'
Note 14 - Related Party Transactions (Details) [Line Items]	'	'
Accounts Payable, Related Parties	717	'
Accounts Receivable, Related Parties, Current	'	11,989
RMCF [Member]	'	'
Note 14 - Related Party Transactions (Details) [Line Items]	'	'
Due to Related Parties, Current	164,710	290,978
Companys CEO and COO [Member]	'	'
Note 14 - Related Party Transactions (Details) [Line Items]	'	'
Deferred Revenue Related Party	$30,000	$30,000

Note_15_Restructuring_and_Acqu2

Note 15 - Restructuring and Acquisition Related Charges (Details) (USD $)	3 Months Ended	6 Months Ended				6 Months Ended
	Aug. 31, 2014	Aug. 31, 2014	Jan. 17, 2014	Jan. 17, 2014	Feb. 20, 2014	Aug. 31, 2014	Aug. 31, 2014
			CherryBerry [Member]	Yogli Mogli [Member]	Fuzzy Peach Frozen Yogurt [Member]	Business Acquisitions [Member]	Termination,Severance and Impairment of Certain Leasehold Improvements [Member]
Note 15 - Restructuring and Acquisition Related Charges (Details) [Line Items]	'	'	'	'	'	'	'
Number of Stores	296	296	1	4	17	'	'
Restructuring Charges (in Dollars)	$503,526	$628,077	'	'	'	$124,551	$503,526

Note_15_Restructuring_and_Acqu3

Note 15 - Restructuring and Acquisition Related Charges (Details) - Restructuring and Acquisition Charges (USD $)	1 Months Ended	6 Months Ended
	Aug. 31, 2014	Aug. 31, 2014
Restructuring and Acquisition Charges [Abstract]	'	'
Professional fees	'	$104,876
Severance/transitional compensation	'	211,747
Accelerated restricted stock unit vesting	'	65,329
Leasehold improvements, property and equipment Impairment	243,000	243,000
Other	'	3,125
Total	'	$628,077