Discovery Energy (DENR) 10-Q 24 Oct 16 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Aug. 31, 2016	Oct. 20, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Discovery Energy Corp.
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Aug. 31, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	denr
Entity Central Index Key	1,435,387
Current Fiscal Year End Date	--02-28
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		140,189,501
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Aug. 31, 2016	Feb. 29, 2016
Current Assets
Cash	$ 804,445	$ 15,895
Prepaid expenses	11,394	17,059
GST receivable	245,654	0
Total Current Assets	1,061,493	32,954
Oil and gas property - not subject to amortization (successful efforts method)	2,421,415	2,421,415
Other assets	37,570	0
Total Assets	3,520,478	2,454,369
Current Liabilities
Accounts payable and accrued liabilities	419,371	97,277
Accounts payable - related parties	137,419	123,508
Other liabilities	5,700	13,623
Promissory notes - related parties	146,353	139,953
Promissory notes	487,724	542,294
Total Current Liabilities	1,196,567	916,655
Derivative liabilities	8,212,793	0
Convertible debentures payable, net of debt discount of $3,795,681 and $0, respectively	154,319	0
Total Liabilities	9,563,679	916,655
Commitments and Contingencies
Stockholders' Equity (Deficit)
Preferred Stock- 10,000,000 shares authorized, zero issued and outstanding	0	0
Common Stock - 500,000,000 shares authorized, $0.001 par value - 140,189,501 shares issued and outstanding	140,189	140,189
Additional paid-in capital	3,952,947	3,952,947
Accumulated other comprehensive loss	(66,162)	(11,830)
Accumulated deficit	(10,070,175)	(2,543,592)
Total Stockholders' Equity (Deficit)	(6,043,201)	1,537,714
Total Liabilities and Stockholders' Equity (Deficit)	$ 3,520,478	$ 2,454,369

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)	Aug. 31, 2016	Feb. 29, 2016
Consolidated Balance Sheets (Unaudited) [Abstract]
Debt discount on convertible note payable	$ 3,795,681	$ 0
Preferred Stock, shares authorized (in Shares)	10,000,000	10,000,000
Preferred Stock, issued (in Shares)	0	0
Preferred Stock, outstanding (in Shares)	0	0
Common Stock, shares authorized (in Shares)	500,000,000	500,000,000
Common Stock, par value (in Dollars per Share)	$ 0.001	$ 0.001
Common Stock, shares issued (in Shares)	140,189,501	140,089,501
Common Stock, shares outstanding (in Shares)	140,189,501	140,089,501

Consolidated Statements of Expe

Consolidated Statements of Expenses and Other Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2016	Aug. 31, 2015
Operating Expenses
General and administrative	$ 32,046	$ 17,868	$ 59,635	$ 43,484
Exploration costs	2,531,704	33,747	2,542,228	36,297
Professional fees	142,728	38,066	173,710	56,733
Rent	2,545	3,089	5,087	8,615
Travel	28,118	0	28,401	40,000
Total operating expenses	2,737,141	92,770	2,809,061	185,129
Other (Income) Expenses
Interest expense	438,426	5,270	4,976,891	10,613
Change in fair value of derivative liabilities	(252,049)	0	(256,984)	0
Miscellaneous income	(2,333)	(9)	(2,385)	(25)
(Gain) loss on foreign currency transactions	(349)	(3,306)	0	(8,873)
Other expenses	183,695	1,955	4,717,522	1,715
Net loss	$ (2,920,836)	$ (94,725)	$ (7,526,583)	$ (186,844)
Net loss per common share - basic and diluted (in Dollars per Share)	$ (0.02)	$ 0	$ (0.05)	$ 0
Weighted average number of common shares outstanding - basic and diluted (in Shares)	140,189,501	139,975,732	140,189,501	139,872,109
Comprehensive Income (Loss)
Net loss	$ (2,920,836)	$ (94,725)	$ (7,526,583)	$ (186,844)
Other comprehensive income (loss) – gain (loss) on foreign currency translation	(70,111)	(2,097)	(54,332)	9,146
Total comprehensive loss	$ (2,990,947)	$ (96,822)	$ (7,580,915)	$ (177,698)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Cash flows used in operating activities
Net loss	$ (7,526,583)	$ (186,844)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount	154,318	0
Change in fair value of derivative liabilities	(256,984)	0
Interest expense related to derivative liabilities in excess of debt	4,735,477	0
(Gain) loss on foreign currency transactions	0	(8,873)
Changes in operating assets and liabilities:
GST receivable	(228,595)	0
Prepaid expenses	(11,394)	10,151
Accounts payable and accrued liabilities	143,902	(29,324)
Accounts payable - related party	13,911	(17,228)
Net cash used in operating activities	(2,975,948)	(232,118)
Cash flows from investing activities
Cash paid for oil and gas property bond	(37,570)	0
Net cash flows used in investing activities	(37,570)	0
Cash flows from financing activities
Proceeds from notes payable-related party	6,400	7,000
Repayments on promissory notes – related party	0	(64,000)
Repayments on promissory notes	(100,000)	0
Proceeds from convertible debenture	3,950,000	0
Stock subscription proceeds	0	50,000
Proceeds from issuance of common stock	0	250,000
Net cash flows from financing activities	3,856,400	243,000
Effect of foreign currency translation on cash	(54,332)	9,146
Change in cash during the period	788,550	20,028
Cash beginning of the period	15,895	859
Cash end of the period	804,445	20,887
Supplemental disclosures
Interest paid in the period	0	0
Income taxes paid in the period	0	0
Noncash investing and financing activities
Debt discount on convertible debentures	215,699	0
Interest payable converted to principal on outstanding promissory notes	$ 45,430	$ 0

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	6 Months Ended
	Aug. 31, 2016
Nature of Operations and Basis of Presentation [Abstract]
Nature of Operations and Basis of Presentation	1. Nature of Operations and Basis of Presentation The principal business of Discovery Energy, Inc. (the “Company”) is the proposed exploration and development of the 584,651 gross acres (the “Prospect”) in the State of South Australia covered by Petroleum Exploration License (PEL) 512 (the “License”). The Prospect involves a 100% working interest in the preceding acreage, which overlies portions of the Cooper and Eromanga basins. The Company has not presently determined whether the Prospect contains any crude oil and natural gas reserves that are economically recoverable. While the Company’s present focus is on the Prospect, the Company may consider the acquisition of other attractive oil and gas properties under the right circumstances. In May 2012, the Company incorporated a wholly-owned Australian subsidiary, Discovery Energy SA Ltd. (the “Subsidiary”) for purposes of acquiring the License. On May 25, 2016 the Subsidiary changed its status from a public company to private company (as those forms of entities are provided under applicable Australian law) and, accordingly changed its name to Discovery Energy SA Pty Ltd.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Aug. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s February 29, 2016 Annual Report on Form 10-K filed with the SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements, which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end February 29, 2016, as reported on Form 10-K, have been omitted. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany transactions and balances have been eliminated upon consolidation. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Basic and Diluted Net Income (Loss) Per Share The Company computes net income (loss) per share in accordance with FASB accounting standards for "Earnings per Share", Comprehensive Loss FASB accounting standard for "Reporting Comprehensive Income," establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As of August 31, 2016, the Company recognized Currency translation adjustments as a component of Comprehensive loss. Cash and Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of acquisition to be cash equivalents. Oil and Gas Property and Exploration Costs The Company is in the exploration stage and has not yet realized any revenue from its planned operations. It is primarily engaged in the proposed exploration and development of the Prospect and the extraction of crude oil and natural gas located there under. The Company applies the successful efforts method of accounting for oil and gas properties. Under this method, exploration costs such as exploratory geological and geophysical costs, delay rentals and exploratory overhead are expensed as incurred. Costs to acquire mineral interests in crude oil and natural gas properties, drill and equip exploratory wells that find proved reserves, and drill and equip development wells are capitalized. Acquisition costs of unproved leaseholds are assessed for impairment during the holding period and transferred to proved oil and gas properties to the extent associated with successful exploration activities. Significant undeveloped leases are assessed individually for impairment, based on the Company’s current exploration plans, and a valuation allowance is provided if impairment is indicated. Capitalized costs of producing crude oil and natural gas properties, along with support equipment and facilities, are amortized to expense by the unit-of-production method based on proved crude oil and natural gas reserves on a field-by-field basis, as estimated by qualified petroleum engineers. Long-lived Assets In accordance with FASB accounting standard "Accounting for the Impairment or Disposal of Long-Lived Assets", Fair Value of Financial Instruments and Derivative Financial Instruments The Company has adopted FASB’s accounting standards for Disclosure about Derivative Financial Instruments and Fair Value of Financial Instruments. The carrying amounts of cash, receivables, accounts payable and accrued liabilities, and shareholder loan approximate their fair values because of the short maturity of these items. Certain fair value estimates may be subject to and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of its foreign exchange, commodity price, or interest rate market risks. Income Taxes Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with FASB’s accounting standard for income taxes, which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides a valuation allowance for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is not more likely than not. The Company accounts for uncertain income tax positions in accordance with FASB’s accounting standard for Accounting for Uncertainty in Income Taxes, which requires that the Company recognize in the financial statements, the impact of a tax position, if that position is more likely than not of being sustained on examination by taxation authorities, based on the technical merits of the position. Foreign Currency Translation The Company's functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated in accordance with FASB’s accounting standard for "Foreign Currency Translation", Recent Accounting Pronouncements The Company does not expect the adoption of any recently issued accounting pronouncements to have a significant effect on its financial statements. Fair Value Considerations The Company follows ASC 820, “ Fair Value Measurements and Disclosures There are three levels of inputs to fair value measurements - Level 1, meaning the use of quoted prices for identical instruments in active markets; Level 2, meaning the use of quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active or are directly or indirectly observable; and Level 3, meaning the use of unobservable inputs. The Company uses Level 1 inputs for its fair value measurements whenever there is an active market, with actual quotes, market prices, and observable inputs on the measurement date. The Company uses Level 2 inputs for fair value measurements whenever there are quoted prices for similar securities in an active market or quoted prices for identical securities in an inactive market. The Company uses observable market data whenever available. Derivative Liabilities In accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing Liabilities from Equity, the embedded derivate associated with the convertible debenture payable and warrant are accounted for as liabilities during the term of the related note payable and warrant.

Going Concern

Going Concern	6 Months Ended
	Aug. 31, 2016
Going Concern [Abstract]
Going Concern	3. Going Concern The accompanying financial statements have been prepared on a going concern basis, which implies the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated revenues since inception and has never paid dividends and is unlikely to pay dividends or generate earnings in the immediate or foreseeable future. The continuation of the Company as a going concern is dependent upon the ability of the Company to obtain necessary equity or debt financing to continue operations, the successful development of the Prospect or one or more alternative oil and gas properties, and the attainment of profitable operations. As of August 31, 2016, the Company has not generated any revenues and has an accumulated loss of $10,070,175 since inception. These factors raise substantial doubt regarding the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. In May 2016, we secured $3.5 million in funding through a convertible debenture sale. In August 2016, we secured an additional $450,000 in funding by that sale of two additional convertible debentures, one in the original principal amount of $200,000 acquired by the Original Purchaser of the first $3.5 million Debenture (the “Original Purchaser”) and one in the original principal amount of $250,000 acquired by a New Purchaser (the “New Purchaser”). The New Purchaser has an obligation to acquire additional debentures (the “Rincon-Related Debentures”) not to exceed in the aggregate the lesser of $150,000 or those amounts that are paid to Rincon Energy, LLC pursuant to a geophysical consulting agreement among the Company, the New Purchaser, Rincon Energy, LLC and the Company’s subsidiary. The New Purchaser also has the right but not the obligation to acquire additional Debentures (“Additional Debentures”) through September 30, 2018, provided that a cap is imposed on the aggregate principal amount of Additional Debentures that may be acquired (the “Principal Cap”). The Principal Cap is initially the difference between $1,250,000 minus the aggregate principal amount of any Rincon-Related Debentures purchased by the New Purchaser. Starting January 1, 2017, the Principal Cap will be reduced further by the aggregate principal amount of any Additional Debentures acquired or (if greater) specified dollar amounts that increase over time. The Conversion Price for Additional Debentures issued prior to January 1, 2017 will be $0.16 per share, while the Conversion Price for Additional Debentures issued after that date will be $0.20 per share. In addition, the Original Purchaser of the $3.5 million convertible debentures has a right of first offer through the end of June 2017 to invest an additional $20.0 million in our company.

Oil and Gas Properties

Oil and Gas Properties	6 Months Ended
	Aug. 31, 2016
Oil and Gas Properties [Abstract]
Oil and Gas Properties	4. Oil and Gas Properties On May 19, 2014, the Company received notice from the Government of South Australia that this government had issued certain modifications to the License and suspended the License for a period of six months. Such a suspension functions like an extension. Under the amended License, the Company will be required to drill 7 exploratory wells rather than 12, as originally required. These required wells must be drilled in years 3, 4, and 5 (2, 2, and 3 wells, respectively). The amount of required 2D seismic was also reduced to 100 kilometers (in year 3) from 250 kilometers (in year 2) but the total 3D seismic work guaranteed increased to 500 square kilometers from 400 square kilometers. However, the 3D seismic survey requirement is spread over years 2, 3 and 4 (100, 200 and 200 sq. km. respectively). Subsequent to this modification and suspension, the Company received two additional six-month suspensions, one in February 2015 and one in July 2015, and a one-year suspension in February 2016. In view of these modifications and suspensions, the Company’s remaining work commitment involves the following: * Year 2 ending April 27, 2017 - Conduct a new 3D seismic survey totaling at least 100 kilometers. * Year 3 ending April 27, 2018 - Acquire new 2D seismic data totaling at least 100 kilometers, acquire 3D seismic data totaling at least 200 square kilometers and drill two wells. * Year 4 ending April 27, 2019 - Acquire new 3D seismic data totaling at least 200 square kilometers and drill two wells. * Year 5 ending April 27, 2020 - Drill three wells

Related Party Transactions

Related Party Transactions	6 Months Ended
	Aug. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	5. Related Party Transactions As of August 31, 2016 and February 29, 2016, the Company owed $137,419 and $123,508, respectively, to certain Company directors for reimbursement of expenses paid on behalf of the Company. In addition, as of August 31, 2016 and February 29, 2016, the Company owed $146,353 and $139,953, respectively, for promissory notes issued to various related parties.

Promissory Notes

Promissory Notes	6 Months Ended
	Aug. 31, 2016
Promissory Notes [Abstract]
Promissory Notes	6. Promissory Notes Two promissory notes were issued on October 26, 2012 to Liberty Petroleum Corporation (“Liberty”) upon delivery of the License with an aggregate principal amount of $650,000. The original terms of the note were: (i) One note in the original principal amount of $500,000 was originally due on April 26, 2013. (ii) The other note in the original principal amount of $150,000 was originally due on July 26, 2013. (iii) Both notes accrued interest at a floating rate equal to the one-month term LIBOR rate, plus an additional 3%. Accrued interest of $6,520 and $42,065 is included in other liabilities as of August 31, 2016 and February 29, 2016, respectively. These promissory notes had undergone a number of amendments, including extensions of the due dates. On September 26, 2013, these promissory notes were combined into a single consolidation promissory note (the “Consolidated Note”) in the original principal amount of $542,294, as some of the principal had been reduced and some interest had accrued. On July 20, 2016, the Company and Liberty amended the Consolidated Note so that the all the previous outstanding principal ($542,294) and the interest accrued through May 5, 2016 ($45,430) were combined. The resulting new principal ($587,724) of this Note and interest that accrues on the Note after May 5, 2016 shall be due in a single balloon payment on September 20, 2016, and provided that on or prior to the Due Date of September 20, 2016, the Note can be paid in its entirety by the Company’s a) payment in cash of $300,000, plus the amount of accrued interest and b) issuance of 1,150,895 restricted shares of the Company’s common stock, which number of shares was determined by dividing $287,724 by a per-share price of $0.25. On August 23, 2016, the Company made a payment to Liberty in the amount of $100,000 to reduce the principal amount ($587,724) of the Consolidated Note to $487,724. Effective August 23, 2016, the Company and Liberty further amended the Consolidated Note so that all outstanding principal of this Note and interest that accrues on the Consolidated Note after May 5, 2016 shall be due in a single balloon payment on October 31, 2016, and provided that on or prior to the new due date of October 31, 2016, the Consolidated Note can be paid in its entirety by the Company’s (a) payment in cash of $200,000, plus the amount of interest that accrues on the Consolidated Note after May 5, 2016 and (b) issuance of 1,150,895 restricted shares of the Company’s common stock, which number of shares was determined by dividing $287,724 by a per-share price of $0.25. On July 16, 2016, the Company entered into an amendment of a previous unsecured corporate demand note with related party, Keith Spickelmier. The note was in the amount of $10,000 and the maximum term was amended and extended to the second anniversary from the date of the note. None of the other provisions of the original notes were changed. On August 12, 2016, the Company entered into an amendment of a previous unsecured corporate demand note with related party, William Begley. The note was in the amount of $3,000 and the maximum term was amended and extended to the first anniversary from the date of the note. None of the other provisions of the original notes were changed.

Convertible Debentures Payable

Convertible Debentures Payable	6 Months Ended
	Aug. 31, 2016
Convertible Debentures Payable [Abstract]
Convertible Debentures Payable	7. Convertible Debentures Payable On May 27, 2016, the Company sold a $3.5 million senior secured convertible debenture (the “Initial Debenture”) to DEC Funding LLC (the “Original Investor”). The Initial Debenture is due on May 27, 2021 and bears interest at 8% per annum. The use of these proceeds is limited to the payment of our and the Original Investor’s costs of the transaction (including legal fees), the funding of our 3D seismic survey with respect to our Prospect and the interpretation of such seismic survey, and the payment of our expenses associated with the seismic survey. The remainder of these proceeds may be used for general and administrative expenses with the Original Investor’s consent. The conversion price for the Initial Debentures is $0.16, subject to certain adjustments that are believed to be customary in transactions of this nature. The Initial Debenture is secured by virtually all of the Company’s assets owned directly or indirectly but for the License. As discussed elsewhere herein, the Company has sold, and may in the future sell, additional senior secured convertible debenture having the same terms and security as the Initial Debenture. Among other provisions, the Initial Debenture sale transaction included warrants to purchase 13,125,000 shares of the Company’s common stock at $0.20 (the “Warrant”). The warrants have a three-year term. Further information regarding the details of this transaction is found in Form 8K filed with the Securities and Exchange Commission on June 3, 2016. The Company incurred legal and professional fees in the amount of $180,000 related to the sale transaction that were accounted for as debt discount. The Company also recorded debt discount in the amount of $3,320,000 related to the conversion feature associated with this debenture. On August 16, 2016, the Company entered into a first amendment (the “Amendment”) to the securities purchase agreement (the “Agreement”) that the Company entered into on May 27, 2016 with the Original Investor. The Company first reported on the Agreement in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on June 2, 2016 (the “ Initial 8-K The parties to the Amendment include the Company, the Original Investor and a new investor (the “ New Investor Pursuant to the Amendment, the Company sold the following securities: to the New Investor, a Senior Secured Convertible Debenture due May 27, 2021 having an original principal amount of $250,000 (singly a " Debenture Debentures Warrants Common Share Common Shares The Debenture and the Warrant include a reset provision whereby the investor is entitled to reset the conversion price of the Debenture and the Warrant in the event that the Company issues securities priced below the conversion price of the Debenture or the Warrant. The Company has analyzed the reset provision of the Debenture and Warrant and calculated the fair market value of the ensuing derivative liability, as discussed in Note 8. In conjunction with the Amendment, the Company incurred legal costs of $35,699, which were recorded as debt discount and offset against the carrying value of the Debentures. The Company also recorded debt discount in the amount of $414,300 related to the conversion feature associated with these debentures. The Company recognized $146,651 of debt discount amortization related to all of the Debentures during the three months ended August 31, 2016. The Company recognized $154,318 of debt discount amortization respectively during the six months ended August 31, 2016. There was no debt discount amortization recognized by the Company during the three and six months ended August 31, 2015.

Derivative Liabilities

Derivative Liabilities	6 Months Ended
	Aug. 31, 2016
Derivative Liabilities [Abstract]
Derivative Liabilities	8. Derivative Liabilities The debentures and related warrants issued by the Company contain a price-reset provision (the “Reset Provision”) that gives rise to a derivative liability. The Company has measured its derivative liability at fair value and recognized the derivative value as a long-term liability and recorded the derivative value on its consolidated balance sheet. The derivative is valued primarily using a binomial latticed-based model based on unobservable inputs that are supported by little to no market activity. These inputs represent management’s best estimate of what market participants would use in pricing the liability at the measurement date and thus are classified as Level 3. Changes in the fair values of the derivative are recognized as earnings or losses in the current period. The fair values of derivative liability related to the Reset Provision contained within the debentures as of May 27, 2016, and as of August 31, 2016 were estimated on the transaction dates and balance sheet dates under the following assumptions: May 27, Issuances / August 31, Shares of common stock issuable upon exercise of debt 21,875,000 2,812,500 24,687,500 Estimated market value of common stock on measurement date $ 0.26 $ (0.01 ) $ 0.25 Exercise price $ 0.16 $ - $ 0.16 Risk free interest rate 1.37 % (0.45 )% 0.92 % Expected dividend yield 0.00 % 0.00 % 0.00 % Expected volatility 306.96 % (7.77 )% 299.19 % Expected exercise term in years 4.992 0.00 4.740 The fair values of derivative liability related to the Reset Provision contained within the warrants as of May 27, 2016, the date of issuance, and as of August 31, 2016 were estimated on the transaction dates and balance sheet dates under the following assumptions: May 27, Issuances / August 31, Shares of common stock issuable upon exercise of warrant 13,125,000 750,000 13,875,000 Estimated market value of common stock on measurement date $ 0.26 $ (0.01 ) $ 0.25 Exercise price $ 0.20 $ - $ 0.20 Risk free interest rate 1.37 % (0.57 )% 0.80 % Expected dividend yield 0.00 % 0.00 % 0.00 % Expected volatility 306.96 % (7.77 )% 299.19 % Expected exercise term in years 2.992 0.00 2.740 The changes in fair values of the derivative liabilities related to the debentures and warrants for the six months ended August 31, 2016 are summarized as follows: Fair value of derivative liabilities at February 29, 2016 $ - Fair value of derivative liabilities on issuance date 8,469,777 Conversion of derivative liabilities - Change in fair value of derivative liabilities (256,984 ) Fair value of derivative liabilities at August 31, 2016 $ 8,212,793 The Company recognized a change in fair value of derivative liabilities of $252,049 during the three months ended August 31, 2016. The Company recognized a change in fair value of derivative liabilities of $256,984 during the six months ended August 31, 2016. There was no change in fair value of derivative liabilities recognized by the Company during the three and six months ended August 31, 2015.

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit)	6 Months Ended
	Aug. 31, 2016
Stockholders' Equity [Abstract]
Stockholders' Equity	9. Stockholders’ Equity (Deficit) As of August 31, 2016 and February 29, 2016, the Company had 140,189,501 shares of its common stock issued and outstanding. Warrants During the six months ended August 31, 2016, the Company issued 13,875,000 warrants to purchase shares of the Company’s common stock as a part of the convertible debentures described above in Note 7. These warrants contain a price-reset provision described above in Note 8. A summary of the activity in the Company’s warrants during the six months ended August 31, 2016 is presented below: Number of Weighted Average Outstanding and exercisable at February 29, 2016 - $ 0.00 Issued 13,875,000 $ 0.20 Outstanding and exercisable at August 31, 2016 13,875,000 $ 0.20 The intrinsic value of warrants outstanding at August 31, 2016 was $693,750.

Subsequent Events

Subsequent Events	6 Months Ended
	Aug. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	10. Subsequent Events Subsequent to period-end, the Company repaid $77,600 of the outstanding balances of promissory notes – related parties.

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Aug. 31, 2016
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s February 29, 2016 Annual Report on Form 10-K filed with the SEC. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements, which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end February 29, 2016, as reported on Form 10-K, have been omitted.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. Intercompany transactions and balances have been eliminated upon consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Basic and Diluted Net Income (Loss) Per Share	Basic and Diluted Net Income (Loss) Per Share The Company computes net income (loss) per share in accordance with FASB accounting standards for "Earnings per Share",
Comprehensive Loss	Comprehensive Loss FASB accounting standard for "Reporting Comprehensive Income," establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As of August 31, 2016, the Company recognized Currency translation adjustments as a component of Comprehensive loss.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments with maturity of three months or less at the time of acquisition to be cash equivalents.
Oil and Gas Property and Exploration Costs	Oil and Gas Property and Exploration Costs The Company is in the exploration stage and has not yet realized any revenue from its planned operations. It is primarily engaged in the proposed exploration and development of the Prospect and the extraction of crude oil and natural gas located there under. The Company applies the successful efforts method of accounting for oil and gas properties. Under this method, exploration costs such as exploratory geological and geophysical costs, delay rentals and exploratory overhead are expensed as incurred. Costs to acquire mineral interests in crude oil and natural gas properties, drill and equip exploratory wells that find proved reserves, and drill and equip development wells are capitalized. Acquisition costs of unproved leaseholds are assessed for impairment during the holding period and transferred to proved oil and gas properties to the extent associated with successful exploration activities. Significant undeveloped leases are assessed individually for impairment, based on the Company’s current exploration plans, and a valuation allowance is provided if impairment is indicated. Capitalized costs of producing crude oil and natural gas properties, along with support equipment and facilities, are amortized to expense by the unit-of-production method based on proved crude oil and natural gas reserves on a field-by-field basis, as estimated by qualified petroleum engineers.
Long-lived Assets	Long-lived Assets In accordance with FASB accounting standard "Accounting for the Impairment or Disposal of Long-Lived Assets",
Fair Value of Financial Instruments and Derivative Financial Instruments	Fair Value of Financial Instruments and Derivative Financial Instruments The Company has adopted FASB’s accounting standards for Disclosure about Derivative Financial Instruments and Fair Value of Financial Instruments. The carrying amounts of cash, receivables, accounts payable and accrued liabilities, and shareholder loan approximate their fair values because of the short maturity of these items. Certain fair value estimates may be subject to and involve uncertainties and matters of significant judgment, and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect these estimates. The Company does not hold or issue financial instruments for trading purposes, nor does it utilize derivative instruments in the management of its foreign exchange, commodity price, or interest rate market risks.
Income Taxes	Income Taxes Deferred income taxes are reported for timing differences between items of income or expense reported in the financial statements and those reported for income tax purposes in accordance with FASB’s accounting standard for income taxes, which requires the use of the asset/liability method of accounting for income taxes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for tax loss and credit carry-forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides a valuation allowance for deferred taxes for the estimated future tax effects attributable to temporary differences and carry-forwards when realization is not more likely than not. The Company accounts for uncertain income tax positions in accordance with FASB’s accounting standard for Accounting for Uncertainty in Income Taxes, which requires that the Company recognize in the financial statements, the impact of a tax position, if that position is more likely than not of being sustained on examination by taxation authorities, based on the technical merits of the position.
Foreign Currency Translation	Foreign Currency Translation The Company's functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated in accordance with FASB’s accounting standard for "Foreign Currency Translation",
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company does not expect the adoption of any recently issued accounting pronouncements to have a significant effect on its financial statements.
Fair Value Considerations	Fair Value Considerations The Company follows ASC 820, “ Fair Value Measurements and Disclosures There are three levels of inputs to fair value measurements - Level 1, meaning the use of quoted prices for identical instruments in active markets; Level 2, meaning the use of quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active or are directly or indirectly observable; and Level 3, meaning the use of unobservable inputs. The Company uses Level 1 inputs for its fair value measurements whenever there is an active market, with actual quotes, market prices, and observable inputs on the measurement date. The Company uses Level 2 inputs for fair value measurements whenever there are quoted prices for similar securities in an active market or quoted prices for identical securities in an inactive market. The Company uses observable market data whenever available.
Derivative Liabilities	Derivative Liabilities In accordance with ASC 815-40-25 and ASC 815-10-15 Derivatives and Hedging and ASC 480-10-25 Liabilities-Distinguishing Liabilities from Equity, the embedded derivate associated with the convertible debenture payable and warrant are accounted for as liabilities during the term of the related note payable and warrant.

Derivative Liability (Tables)

Derivative Liability (Tables)	6 Months Ended
	Aug. 31, 2016
Derivative Liabilities [Abstract]
Derviative Liability Valuation Assumptions	The debentures and related warrants issued by the Company contain a price-reset provision (the “Reset Provision”) that gives rise to a derivative liability. The Company has measured its derivative liability at fair value and recognized the derivative value as a long-term liability and recorded the derivative value on its consolidated balance sheet. The derivative is valued primarily using a binomial latticed-based model based on unobservable inputs that are supported by little to no market activity. These inputs represent management’s best estimate of what market participants would use in pricing the liability at the measurement date and thus are classified as Level 3. Changes in the fair values of the derivative are recognized as earnings or losses in the current period. The fair values of derivative liability related to the Reset Provision contained within the debentures as of May 27, 2016, and as of August 31, 2016 were estimated on the transaction dates and balance sheet dates under the following assumptions: May 27, Issuances / August 31, Shares of common stock issuable upon exercise of debt 21,875,000 2,812,500 24,687,500 Estimated market value of common stock on measurement date $ 0.26 $ (0.01 ) $ 0.25 Exercise price $ 0.16 $ - $ 0.16 Risk free interest rate 1.37 % (0.45 )% 0.92 % Expected dividend yield 0.00 % 0.00 % 0.00 % Expected volatility 306.96 % (7.77 )% 299.19 % Expected exercise term in years 4.992 0.00 4.740 The fair values of derivative liability related to the Reset Provision contained within the warrants as of May 27, 2016, the date of issuance, and as of August 31, 2016 were estimated on the transaction dates and balance sheet dates under the following assumptions: May 27, Issuances / August 31, Shares of common stock issuable upon exercise of warrant 13,125,000 750,000 13,875,000 Estimated market value of common stock on measurement date $ 0.26 $ (0.01 ) $ 0.25 Exercise price $ 0.20 $ - $ 0.20 Risk free interest rate 1.37 % (0.57 )% 0.80 % Expected dividend yield 0.00 % 0.00 % 0.00 % Expected volatility 306.96 % (7.77 )% 299.19 % Expected exercise term in years 2.992 0.00 2.740
Derivative Liability Rollforward	The changes in fair values of the derivative liabilities related to the debentures and warrants for the six months ended August 31, 2016 are summarized as follows: Fair value of derivative liabilities at February 29, 2016 $ - Fair value of derivative liabilities on issuance date 8,469,777 Conversion of derivative liabilities - Change in fair value of derivative liabilities (256,984 ) Fair value of derivative liabilities at August 31, 2016 $ 8,212,793

Stockholders' Equity (Deficit)

Stockholders' Equity (Deficit) (Table)	6 Months Ended
	Aug. 31, 2016
Stockholders' Equity [Abstract]
Summary of Warrant Activity	A summary of the activity in the Company’s warrants during the six months ended August 31, 2016 is presented below: Number of Weighted Average Outstanding and exercisable at February 29, 2016 - $ 0.00 Issued 13,875,000 $ 0.20 Outstanding and exercisable at August 31, 2016 13,875,000 $ 0.20

Nature of Operations and Basi19

Nature of Operations and Basis of Presentation (Narrative) (Details)	6 Months Ended
	Aug. 31, 2016a
Nature of Operations and Basis of Presentation [Abstract]
Principal business, proposed exploration and development area (in Acreage)	584,651
Percent working interest of preceeding acreas owned by company (in Percent)	100.00%

Going Concern (Narrative) (Deta

Going Concern (Narrative) (Details)	1 Months Ended		6 Months Ended
	Aug. 31, 2016USD ($)$ / shares	May 31, 2016USD ($)	Aug. 31, 2016USD ($)$ / shares	Aug. 31, 2015USD ($)	Feb. 29, 2016USD ($)
Going Concern [Abstract]
Accumulated loss since inception	$ 10,070,175		$ 10,070,175		$ 2,543,592
Debt Instrument [Line Items]
Proceeds from sale of convertible debenture	$ 450,000	$ 3,500,000	3,950,000	$ 0
Number of convertible debentures | $ / shares	2
Amount of additional investment new investor has the obligation to make	$ 150,000		150,000
Original Purchaser [Member]
Debt Instrument [Line Items]
Proceeds from sale of convertible debenture	$ 200,000
Number of convertible debentures | $ / shares	1
Amount of additional investment new investor has the obligation to make	$ 20,000,000		20,000,000
New Purchaser [Member]
Debt Instrument [Line Items]
Proceeds from sale of convertible debenture	$ 250,000
Number of convertible debentures | $ / shares	1
Initial principal cap minus Rincon-Related debentures	$ 1,250,000		$ 1,250,000
New Purchaser [Member] | Prior to January 1, 2017 [Member]
Debt Instrument [Line Items]
Debenture conversion price (in Dollars per share) | $ / shares	$ .16		$ .16
New Purchaser [Member] | After January 1, 2017 [Member]
Debt Instrument [Line Items]
Debenture conversion price (in Dollars per share) | $ / shares	$ .20		$ .20

Oil and Gas Properties (Narrati

Oil and Gas Properties (Narrative) (Details) - $ / shares	May 19, 2014	Feb. 29, 2016	Jul. 31, 2015	Feb. 28, 2015
Oil And Gas Delivery Commitments And Contracts [Line Items]
Period of suspension of the License subsequent to certain modifications (in Duration)		1 year	6 months	6 months
Original License Agreement [Member]
Oil And Gas Delivery Commitments And Contracts [Line Items]
Period of suspension of the License subsequent to certain modifications (in Duration)	6 months
Number of exploratory wells required to be drilled under license (in Wells)	12
2D seismic survey work required to be completed (in Kilometers)	250
3D seismic survey work required to be completed (in Square Kilometers)	400
License Amendment [Member]
Oil And Gas Delivery Commitments And Contracts [Line Items]
Number of exploratory wells required to be drilled under license (in Wells)	7
2D seismic survey work required to be completed (in Kilometers)	100
3D seismic survey work required to be completed (in Square Kilometers)	500
License Amendment [Member] | Year 2 [Member]
Oil And Gas Delivery Commitments And Contracts [Line Items]
3D seismic survey work required to be completed (in Square Kilometers)	100
License Amendment [Member] | Year 3 [Member]
Oil And Gas Delivery Commitments And Contracts [Line Items]
Number of exploratory wells required to be drilled under license (in Wells)	2
2D seismic survey work required to be completed (in Kilometers)	100
3D seismic survey work required to be completed (in Square Kilometers)	200
License Amendment [Member] | Year 4 [Member]
Oil And Gas Delivery Commitments And Contracts [Line Items]
Number of exploratory wells required to be drilled under license (in Wells)	2
3D seismic survey work required to be completed (in Square Kilometers)	200
License Amendment [Member] | Year 5 [Member]
Oil And Gas Delivery Commitments And Contracts [Line Items]
Number of exploratory wells required to be drilled under license (in Wells)	3

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	Aug. 31, 2016	Feb. 29, 2016
Related Party Transactions [Abstract]
Accounts payable - related parties	$ 137,419	$ 123,508
Promissory notes - related parties	$ 146,353	$ 139,953

Promissory Notes (Narrative) (D

Promissory Notes (Narrative) (Details)	Aug. 23, 2016USD ($)$ / sharesshares	Oct. 26, 2012USD ($)$ / shares	Aug. 12, 2016USD ($)	Jul. 20, 2016USD ($)$ / sharesshares	Jul. 16, 2016USD ($)
Aggregate Liberty Notes [Member]
Debt Instrument [Line Items]
Number of notes issued (in Integer) | $ / shares		2
Notes payable		$ 650,000
$500,000 Liberty Note [Member]
Debt Instrument [Line Items]
Notes payable		$ 500,000
Debt instrument, maturity date (Date)		Apr. 26, 2013
Debt instrument, variable rate basis (in Description)		LIBOR
Debt instrument, basis spread on variable rate (in Percent)		3.00%
$150,000 Liberty Note [Member]
Debt Instrument [Line Items]
Notes payable		$ 150,000
Debt instrument, maturity date (Date)		Jul. 26, 2013
Debt instrument, variable rate basis (in Description)		LIBOR
Debt instrument, basis spread on variable rate (in Percent)		3.00%
Liberty Notes Combined in Debt Modification [Member]
Debt Instrument [Line Items]
Notes payable	$ 487,724			$ 587,724
Debt instrument, maturity date (Date)	Oct. 31, 2016
Principal rolled into new note				542,294
Accrued interest rolled into new note				45,430
Cash payment due on note at maturity	$ 200,000			$ 300,000
Restricted share issuance payment due on note at maturity (in Shares) | shares	1,150,895			1,150,895
Note principal to be paid by restricted share issuance	$ 287,724			$ 287,724
Per share price of restricted shares issuable for note payment (in Dollars per Share) | $ / shares	$ .25			$ .25
Note payment issued	$ 100,000
Director Spickelmier $10,000 Note [Member]
Debt Instrument [Line Items]
Value of existing note for which due date was extended to second note anniversary					$ 10,000
CFO Begley $3,000 [Member]
Debt Instrument [Line Items]
Related party demand note payable on five days' notice after twenty days from issuance, face amount			$ 3,000

Convertible Debentures Payable

Convertible Debentures Payable (Narrative) (Details) - USD ($)	Aug. 16, 2016	May 27, 2016	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2016	Aug. 31, 2015
Debt Instrument [Line Items]
Amortization of debt discount			$ 146,651	$ 0	$ 154,318	$ 0
Original Investor DEC Funding LLC [Member]
Debt Instrument [Line Items]
Senior secured convertible debenture sold	$ 200,000	$ 3,500,000
Debenture interest rate		8.00%
Debenture conversion price (in Dollars per Unit)		$ .16
Number of common shares purchasable with warrants issued with debenture (in Shares)	750,000	13,125,000
Price per share of comon stock purchasable with warrants issued with debenture (in Dollars per Share)		$ .20
Warrant term (in Duration)		3 years
Legal and professional fees incurred with convertible debt issuance		$ 180,000
Derivative liabilities debt discount		$ 3,320,000
New Investor [Member]
Debt Instrument [Line Items]
Senior secured convertible debenture sold	$ 250,000
Price per share of comon stock purchasable with warrants issued with debenture (in Dollars per Share)	$ .20
Two Debentures Issued August, 2016 [Member]
Debt Instrument [Line Items]
Legal and professional fees incurred with convertible debt issuance	$ 35,699
Derivative liabilities debt discount	$ 414,300

Derivative Liabilities (Narrati

Derivative Liabilities (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2016	Aug. 31, 2015	Aug. 31, 2016	Aug. 31, 2015
Derivative Liabilities [Abstract]
Change in fair value of derivative liabilities	$ 252,049	$ 0	$ 256,984	$ 0

Derivative Liabilities (Schedul

Derivative Liabilities (Schedule of Derivative Liability Debenture Reset Provision Valuation) (Details) - Debenture [Member] - Level 3 - Unobservable Inputs [Member] - $ / shares	May 27, 2016	Aug. 31, 2016
Derivative Liability Valuation [Line Items]
Shares of common stock issuable upon exercise (in Shares)	21,875,000
Estimated market value of common stock on measurement date (in Dollars per Share)	$ .26
Exercise price (in Dollars per Share)	$ .16
Risk free interest rate (in Percent)	1.37%
Expected dividend yield (in Percent)	0.00%
Expected volatility (in Percent)	306.96%
Expected exercise term in years (in Duration)	4 years 11 months 28 days
Issuances / changes in Shares of common stock issuable upon exercise (in Shares)		2,812,500
Issuances / changes in estimated market value of common stock on measurement date (in Dollars per Share)		$ (0.01)
Issuances / changes in exercise price (in Dollars per Share)		$ 0
Issuances / changes in risk free interest rate (in Percent)		(0.45%)
Issuances / changes in expected dividend yield (in Percent)		0.00%
Issuances / changes in expected volatility (in Percent)		(7.77%)
Issuances / changes in expected exercise term in years (in Duration)		0 days

Derivative Liabilities (Sched27

Derivative Liabilities (Schedule of Derivative Liability Warrant Reset Provision Valuation) (Details) - Warrant [Member] - Level 3 - Unobservable Inputs [Member] - $ / shares	Aug. 31, 2016	May 27, 2016	Aug. 31, 2016
Derivative Liability Valuation [Line Items]
Shares of common stock issuable upon exercise (in Shares)	13,875,000	13,125,000
Estimated market value of common stock on measurement date (in Dollars per Share)	$ .25	$ .26	$ .25
Exercise price (in Dollars per Share)	$ .20	$ .20	$ .20
Risk free interest rate (in Percent)	0.80%	1.37%
Expected dividend yield (in Percent)	0.00%	0.00%
Expected volatility (in Percent)	299.18%	306.96%
Expected exercise term in years (in Duration)	2 years 8 months 27 days	2 years 11 months 28 days
Issuances / changes in Shares of common stock issuable upon exercise (in Shares)			750,000
Issuances / changes in estimated market value of common stock on measurement date (in Dollars per Share)			$ (0.01)
Issuances / changes in exercise price (in Dollars per Share)			$ 0
Issuances / changes in risk free interest rate (in Percent)			(0.57%)
Issuances / changes in expected dividend yield (in Percent)			0.00%
Issuances / changes in expected volatility (in Percent)			(7.77%)
Issuances / changes in expected exercise term in years (in Duration)			0 days

DerivativeLiabilities (Schedule

DerivativeLiabilities (Schedule of Derivative Liability Rollforward) (Details) - USD ($)	6 Months Ended
	Aug. 31, 2016	May 27, 2016	Feb. 29, 2016
Derivative Liabilities [Abstract]
Fair value of derivative liabilities	$ 8,212,793	$ 8,469,777	$ 0
Conversion of derivative liabilities	0
Change in fair value of derivative liabilities	$ (256,984)

Stockholders' Equity (Deficit29

Stockholders' Equity (Deficit) (Narrative) (Details) - USD ($)	6 Months Ended
	Aug. 31, 2016	Feb. 29, 2016
Stockholders' Equity [Abstract]
Common Stock, shares issued (in Shares)	140,189,501	140,089,501
Common Stock, shares outstanding (in Shares)	140,189,501	140,089,501
Warrants to purchase shares of the Company’s common stock, issued as a part of the convertible debentures (in Shares)	13,875,000
Intrinsic value of outstanding warrants	$ 693,750

Stockholders' Equity (Deficit30

Stockholders' Equity (Deficit) (Schedule of Warrant Activity Rollforward) (Details) - $ / shares	6 Months Ended
	Aug. 31, 2016	Feb. 29, 2016
Stockholders' Equity [Abstract]
Warrants outstanding and exercisable (in Shares)	13,875,000	0
Warrants issued (in Shares)	13,875,000
Warrants outstanding, exercise price per share (in Shares)	$ 0.20	$ 0

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - USD ($)	2 Months Ended	6 Months Ended
	Oct. 20, 2016	Aug. 31, 2016	Aug. 31, 2015
Subsequent Event [Line Items]
Repayments on promissory notes – related party		$ 0	$ 64,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Repayments on promissory notes – related party	$ 77,600