FingerMotion (FNGR) 10-Q 23 Oct 18 2019 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Aug. 31, 2018	Oct. 19, 2018
Document Information [Line Items]
Entity Registrant Name	FingerMotion, Inc.
Entity Central Index Key	1,602,409
Trading Symbol	fngr
Current Fiscal Year End Date	--02-28
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		17,978,753
Document Type	10-Q
Document Period End Date	Aug. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Condensed Balance

Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)	Aug. 31, 2018	Feb. 28, 2018
Current Assets
Cash	$ 18,677	$ 10,551
Accounts receivable	417,920	296,249
Equipment (net of $319 and $145 depreciation)	1,420	1,594
Licenses (net of $200,000 and $114,583 amortization)		85,417
Prepaid expenses	478,022	40,534
Other receivable	11,081	5,494
TOTAL ASSETS	927,120	439,839
Current Liabilities
Accounts payable and accrued expenses	744,638	107,082
Other accrued expenses	81,243	385,124
Accrued interest	14,132	274
Convertible notes payable	370,000	50,000
Note payable	66,000
TOTAL LIABILITIES	1,276,013	542,480
SHAREHOLDERS' EQUITY
Preferred stock, par value $.0001 per share; Authorized 1,000,000 shares; issued and outstanding -0- shares.
Common Stock, par value $.0001 per share; Authorized 19,000,000 shares; issued and outstanding 17,758,753 shares. and 17,432,753 issued and outstanding at August 31, 2018 and February 28, 2018 respectively	1,776	1,743
Common stock subscribed		150,000
Additional paid-in capital	2,057,597	1,655,130
Accumulated deficit	(2,408,266)	(1,909,514)
TOTAL SHAREHOLDERS' EQUITY (DEFICIT )	(348,893)	(102,641)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 927,120	$ 439,839

Consolidated Condensed Balanc_2

Consolidated Condensed Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Aug. 31, 2018	Feb. 28, 2018
Depreciation	$ 319	$ 145
Intangible assets, amortization	$ 200,000	$ 114,583
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	19,000,000	19,000,000
Common stock, shares issued (in shares)	17,758,753	17,432,753
Common stock, shares outstanding (in shares)	17,758,753	17,432,753

Consolidated Condensed Statemen

Consolidated Condensed Statements of Operations (Unaudited) - USD ($)		3 Months Ended			6 Months Ended
		Aug. 31, 2018	Aug. 31, 2017		Aug. 31, 2018	Aug. 31, 2017
Revenue		$ 76,287	$ 57,006		$ 259,417	$ 70,438
Cost of revenue		51,546	119,892		204,053	126,958
Gross profit (loss)		24,741	(62,886)		55,364	(56,520)
Amortization & depreciation		35,504	14,583		85,591	14,583
General & administrative expenses		161,177	251,188		424,921	296,314
Professional fees		25,000	25,801		37,200	38,001
Total operating expenses		221,681	291,572		547,712	348,898
Net (loss) from operations		(196,940)	(354,458)		(492,348)	(405,418)
Other income:
Interest expense		(8,881)			(13,854)
Exchange rate gain (loss)		(647)	(13)		7,450	88
Total other income (expense)		(9,528)	(13)		(6,404)	88
Net (Loss)		$ (206,468)	$ (354,471)		$ (498,752)	$ (405,330)
Basic (Loss) Per Share (in dollars per share)		$ (0.01)	$ (0.04)		$ (0.03)	$ (0.06)
Diluted (Loss) Per Share (in dollars per share)		$ (0.01)	$ (0.04)		$ (0.03)	$ (0.06)
Wgt Ave Common Shares Outstanding - Basic * (in shares)	[1]	17,729,786	9,963,524		17,637,710	6,242,129
Wgt Ave Common Shares Outstanding - Diluted * (in shares)		17,729,786	9,977,383	[1]	17,637,710	6,249,058	[1]
[1]	Reflects 4 to 1 reverse split

Consolidated Condensed Statem_2

Consolidated Condensed Statements of Operations (Unaudited) (Parentheticals)	Jun. 21, 2017	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2018	Aug. 31, 2017
Reverse Stock Split [Member]
Reverse split	4	4	4	4	4

Consolidated Condensed Statem_3

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
Net (Loss)	$ (498,752)	$ (405,330)
Adjustments to reconcile decrease in net assets to net cash provided by operating activities:
Amortization & depreciation	85,591	14,583
Forgiveness of debt		47,250
(Increase) decrease in accounts receivable	(121,671)	(48,043)
(Increase) decrease in other receivable	(5,587)	4,957
(Increase) in prepaid expenses	(437,488)	(29,633)
Increase (decrease) in accounts payable and accrued expenses	347,533	17,996
Cash used in operating activities	(630,374)	(398,220)
Cash flows from investing activities
Increase in licenses		(200,000)
Net cash provided by investing activities		(200,000)
Cash flows from financing activities
Notes payable	386,000
Proceeds from issuance of shares		190,000
Common stock issued in reverse merger		(15,577)
Common stock issued for cash	252,500	1,275,000
Net cash provided by financing activities	638,500	1,449,423
Net change in cash	8,126	851,203
Cash at beginning of period	10,551	13,346
Cash at end of period	18,677	864,549
Supplemental disclosures of cash flow information:
Interest paid
Taxes paid

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Common Stock Subscribed [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Feb. 28, 2017	12,000,000
Balance at Feb. 28, 2017	$ 1,200			$ (158,393)	$ (157,193)
Common stock issued in reverse merger * (in shares)	2,576,753
Common stock issued in reverse merger *	$ 258	(15,835)			(15,577)
Common stock issued for cash (in shares)	1,506,000
Common stock issued for cash	$ 150	1,623,850			1,624,000
Fair value of common stock issued for services (in shares)	1,350,000
Fair value of common stock issued for services	$ 135	47,115			47,250
Stock subscribed			150,000		150,000
Net (Loss)				(1,751,121)	(1,751,121)
Balance (in shares) at Feb. 28, 2018	17,432,753
Balance at Feb. 28, 2018	$ 1,743	1,655,130	150,000	(1,909,514)	(102,641)
Common stock issued for cash (in shares)	326,000
Common stock issued for cash	$ 33	402,467			402,500
Stock subscribed			(150,000)		(150,000)
Net (Loss)				(498,752)	(498,752)
Balance (in shares) at Aug. 31, 2018	17,758,753
Balance at Aug. 31, 2018	$ 1,776	$ 2,057,597		$ (2,408,266)	$ (348,893)

Note 1 - Nature of Business and

Note 1 - Nature of Business and Basis of Presentation	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	Note 1 – Nature of Business and basis of Presentation FingerMotion, Inc. fka Property Management Corporation of America (the “Company”) was incorporated on January 23, 2014 third The Company changed its name to FingerMotion, Inc. on July 13, 2017 July 2017 Pursuant to the Share Exchange Agreement, the Company agreed to exchange the outstanding equity stock of FMCL held by the FMCL Shareholders for shares of common stock of the Company. At the Closing Date, the Company issued 12,000,000 600,000 The transaction was accounted for as a “reverse acquisition” since, immediately following completion of the transaction, the shareholders of FMCL effectuated control of the post-combination Company. For accounting purposes, FMCL was deemed to be the accounting acquirer in the transaction and, consequently, the transaction is treated as a recapitalization of FMCL (i.e., a capital transaction involving the issuance of shares by the Company for the shares of FMCL). Accordingly, the consolidated assets, liabilities and results of operations of FMCL became the historical financial statements of FingerMotion, Inc. and its subsidiaries, and the Company’s assets, liabilities and results of operations were consolidated with FMCL beginning on the acquisition date. No

Note 2 - Summary of Principal A

Note 2 - Summary of Principal Accounting Policies	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 2 - Summary of Principal Accounting Policies Basis of Presentation of Unaudited Condensed Financial Information The unaudited condensed financial statements of the Company for the six August 31, 2018 2017 10 not not February 28, 2018 February 28, 2018 August 7, 2018. Recently Issued Accounting Pronouncements (continued) In July 2017, No. 2017 11, 260 480 815 no December 15, 2018, In May 2017, No. 2017 09, 718 1 2 718, 718. The amendments are effective for fiscal years beginning after December 15, 2017, not In March 2017, No. 2017 08, 310 20 December 15, 2018. In February 2017, No. 2017 05, 610 20 610 20, 610 20, May 2014 No. 2014 09, 606 December 15, 2017, No. 2014 09, In January 2017, No. 2017 03, 250 No. 2014 09, 606 No. 2016 02, 842 No. 2016 13, 326 Between May 2014 December 2016, 606 five may December 15, 2017, not 2018. In November 2016, No. 2016 18, 230 December 15, 2017, Use Of Estimates The preparation of the Company’s financial statements in conformity with generally accepted accounting principles of the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Actual results could differ from those estimates. Certain Risks And Uncertainties The Company relies on cloud based hosting through a global accredited hosting provider. Management believes that alternate sources are available; however, disruption or termination of this relationship could adversely affect our operating results in the near-term. Identifiable Intangible Assets Identifiable intangible assets are recorded at cost and are amortized over 3 10 may not Impairment Of Long-Lived Assets The Company classifies its long-lived assets into: (i) computer and office equipment; (ii) furniture and fixtures, (iii) leasehold improvements, and (iv) finite – lived intangible assets. Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not first not third The Company makes various assumptions and estimates regarding estimated future cash flows and other factors in determining the fair values of the respective assets. The assumptions and estimates used to determine future values and remaining useful lives of long-lived assets are complex and subjective. They can be affected by various factors, including external factors such as industry and economic trends, and internal factors such as the Company’s business strategy and its forecasts for specific market expansion. Accounts Receivable And Concentration Of Risk Accounts receivable, net is stated at the amount the Company expects to collect, or the net realizable value. The Company provides a provision for allowances that includes returns, allowances and doubtful accounts equal to the estimated uncollectible amounts. The Company estimates its provision for allowances based on historical collection experience and a review of the current status of trade accounts receivable. It is reasonably possible that the Company’s estimate of the provision for allowances will change. Cash And Cash Equivalents Cash and cash equivalents represent cash on hand, demand deposits, and other short-term highly liquid investments placed with banks, which have original maturities of three Property and Equipment Property and equipment are stated at cost. Depreciation of property and equipment is provided using the straight-line method for financial reporting purposes at rates based on the estimated useful lives of the assets. Estimated useful lives range from three seven 360 45. Earnings Per Share Basic (loss) earnings per share is based on the weighted average number of common shares outstanding during the period while the effects of potential common shares outstanding during the period are included in diluted earnings per share. FASB Accounting Standard Codification Topic 260 260” not 260 Revenue Recognition The Company recognizes revenue from providing hosting and integration services and licensing the use of its technology platform to its customers. The Company recognizes revenue when all of the following conditions are satisfied: ( 1 2 3 4 Income Taxes The Company uses the asset and liability method of accounting for income taxes in accordance with Accounting Standards Codification (“ASC”) 740, 740” not not

Note 3 - Going Concern

Note 3 - Going Concern	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	Note 3 - Going Concern The accompanying unaudited financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. The Company had an accumulated deficit of $2,408,266 $1,909,514 August 31, 2018 February 28, 2018, $498,752 $405,330 six August 31, 2018 2017, The Company’s continuation as a going concern is dependent on its ability to obtain additional financing to fund operations, implement its business model, and ultimately, attain profitable operations. The Company will need to secure additional funds through various means, including equity and debt financing or any similar financing. There can be no may

Note 4 - Equipment

Note 4 - Equipment	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 4 – Equipment As of August 31, 2018 February 28, 2018, August 31, February 28, 201 8 2018 Equipment $ 1,739 $ 1,739 Less: accumulated depreciation (319 ) (145 ) Net equipment $ 1,420 $ 1,594 No six August 31, 2018 2017 $174 0

Note 5 - Intangible Assets

Note 5 - Intangible Assets	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	Note 5 – Intangible Assets As of August 31, 2018 February 28, 2018, August 31 , February 28, 2018 2018 Licenses $ 200,000 $ 200,000 Less: accumulated amortization (200,000 ) (114,583 ) Net intangible assets $ -0- $ 85,417 No three six August 31, 2018 2017 $35,417, 85,417 0 The remaining amortization period of the Company’s amortizable intangible assets have been totally amortized as of August 31, 2018. For year ended February 28, Estimated Amortization Expenses 2019 $ -0-

Note 6 - Convertible Notes Paya

Note 6 - Convertible Notes Payables	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Convertible Notes Payable [Text Block]	Note 6 - Convertible notes payables A Note Payable having a Face Value of $50,000 August 31, 2018 10% February 8, 2019. $0.0001 $2.50 A Note Payable having a Face Value of $50,000 August 31, 2018 10% February 23, 2019. $0.0001 $2.00 A Note Payable having a Face Value of $100,000 August 31, 2018 10% March 28, 2019. $0.0001 $1.00 A Note Payable having a Face Value of $50,000 August 31, 2018 10% May 3, 2019. $0.0001 $2.50 A Note Payable having a Face Value of $50,000 August 31, 2018 10% May 18, 2019. $0.0001 $2.50 A Note Payable having a Face Value of $70,000 August 31, 2018 10% May 18, 2019. $0.0001 $2.50 We estimate that the fair value of these convertible debt approximates the face value, so no

Note 7 - Note Payable

Note 7 - Note Payable	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Notes Payable [Text Block]	Note 7 - Note payable A Note Payable having a Face Value of $66,000 August 31, 2018 0% May 21, 2021.

Note 8 - Common Stock

Note 8 - Common Stock	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	Note 8 – Common Stock On June 21, 2017, 1 4 200,000,000 June 21, 2017. Effective July 13, 2017 ( At the Closing Date, the Company issued approximately 12,000,000 600,000 2,562,500 The Company issued approximately 2,836,000 February 28, 2018, 1,350,000 $0.035 400,000, 470,000 636,000 $0.50, $1.00 $1.50, The Company issued approximately 323,333 six August 31, 2018 $402,500. $180,000 February 28, 2018.

Note 9 - Common Stock Subscribe

Note 9 - Common Stock Subscribed	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Common Stock Subscribed, Disclosure [Text Block]	Note 9 – Common Stock Subscribed The Company has received $150,000 February 28, 2018. August 31,2018,

Note 10 - Earnings Per Share

Note 10 - Earnings Per Share	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 10 – Earnings Per Share The following table sets forth the computation of basic and diluted earnings per common share: For six months ended August 31, 2018 2017 (Unaudited) (Unaudited) Numerator - basic and diluted Net Loss $ (498,752 ) $ (405,330 ) Denominator Weighted average number of common shares outstanding —basic 17,637,710 6,242,129 Weighted average number of common shares outstanding —diluted 17,637,710 6,249,058 Loss per common share — basic and diluted $ (0.03 ) (0.06 ) For three months ended August 31, 2018 2017 (Unaudited) (Unaudited) Numerator - basic and diluted Net Loss $ (206,468 ) $ (354,471 Denominator Weighted average number of common shares outstanding —basic 17,729,786 9,963,524 Weighted average number of common shares outstanding —diluted 17,729,786 9,977,383 Loss per common share — basic and diluted $ (0.01 ) (0.04

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 11 - Income Taxes The Company and its subsidiary file separate income tax returns. The United States of America FingerMotion, Inc. is incorporated in the State of Delaware in the U.S., and is subject to a gradual U.S. federal corporate income tax of 21%. three August 31, 2018 2017, 21% 34%, Hong Kong Finger Motion Company Limited is incorporated in Hong Kong and Hong Kong’s profits tax rate is 16.5%. not six August 31, 2018 2017. The Company’s effective income tax rates were 21% 34% six August 31, 2018 2017, For the six months ended August 31, 2018 2017 (Unaudited) (Unaudited) U.S. statutory tax rate 21.0 % 34.0 % Hong Kong profit tax rate 16.5 % 16.5 % Foreign income not registered in the Hong Kong (16.5 %) (16.5 %) Others 0.0 % 0.0 % Effective tax rate 21.0 % 34.0 % As of August 31, 2018 February 28, 2018, $104,738 $367,735, not August 31, 2018 February 28, 2018, $104,738 $367,735, August 31, February 28, 2018 2018 Deferred tax asset from operating losses carry-forwards $ 104,738 $ 367,735 Valuation allowance (104,738 ) (367,735 ) Deferred tax asset, net $ - $ -

Note 12 - Commitments and Conti

Note 12 - Commitments and Contingencies	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 12 – Commitments And Contingencies Operating lease The Company did not August 31, 2018. Legal proceedings The Company is not

Note 13 - Subsequent Events

Note 13 - Subsequent Events	6 Months Ended
	Aug. 31, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	Note 13 – Subsequent Events The Company has evaluated all transactions from August 31, 2018 no

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Aug. 31, 2018
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation of Unaudited Condensed Financial Information The unaudited condensed financial statements of the Company for the six August 31, 2018 2017 10 not not February 28, 2018 February 28, 2018 August 7, 2018.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements (continued) In July 2017, No. 2017 11, 260 480 815 no December 15, 2018, In May 2017, No. 2017 09, 718 1 2 718, 718. The amendments are effective for fiscal years beginning after December 15, 2017, not In March 2017, No. 2017 08, 310 20 December 15, 2018. In February 2017, No. 2017 05, 610 20 610 20, 610 20, May 2014 No. 2014 09, 606 December 15, 2017, No. 2014 09, In January 2017, No. 2017 03, 250 No. 2014 09, 606 No. 2016 02, 842 No. 2016 13, 326 Between May 2014 December 2016, 606 five may December 15, 2017, not 2018. In November 2016, No. 2016 18, 230 December 15, 2017,
Use of Estimates, Policy [Policy Text Block]	Use Of Estimates The preparation of the Company’s financial statements in conformity with generally accepted accounting principles of the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Actual results could differ from those estimates.
Certain Risks And Uncertainties [Policy Text Block]	Certain Risks And Uncertainties The Company relies on cloud based hosting through a global accredited hosting provider. Management believes that alternate sources are available; however, disruption or termination of this relationship could adversely affect our operating results in the near-term.
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]	Identifiable Intangible Assets Identifiable intangible assets are recorded at cost and are amortized over 3 10 may not
Property, Plant and Equipment, Impairment [Policy Text Block]	Impairment Of Long-Lived Assets The Company classifies its long-lived assets into: (i) computer and office equipment; (ii) furniture and fixtures, (iii) leasehold improvements, and (iv) finite – lived intangible assets. Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not first not third The Company makes various assumptions and estimates regarding estimated future cash flows and other factors in determining the fair values of the respective assets. The assumptions and estimates used to determine future values and remaining useful lives of long-lived assets are complex and subjective. They can be affected by various factors, including external factors such as industry and economic trends, and internal factors such as the Company’s business strategy and its forecasts for specific market expansion.
Receivables, Policy [Policy Text Block]	Accounts Receivable And Concentration Of Risk Accounts receivable, net is stated at the amount the Company expects to collect, or the net realizable value. The Company provides a provision for allowances that includes returns, allowances and doubtful accounts equal to the estimated uncollectible amounts. The Company estimates its provision for allowances based on historical collection experience and a review of the current status of trade accounts receivable. It is reasonably possible that the Company’s estimate of the provision for allowances will change.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash And Cash Equivalents Cash and cash equivalents represent cash on hand, demand deposits, and other short-term highly liquid investments placed with banks, which have original maturities of three
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are stated at cost. Depreciation of property and equipment is provided using the straight-line method for financial reporting purposes at rates based on the estimated useful lives of the assets. Estimated useful lives range from three seven 360 45.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Basic (loss) earnings per share is based on the weighted average number of common shares outstanding during the period while the effects of potential common shares outstanding during the period are included in diluted earnings per share. FASB Accounting Standard Codification Topic 260 260” not 260
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company recognizes revenue from providing hosting and integration services and licensing the use of its technology platform to its customers. The Company recognizes revenue when all of the following conditions are satisfied: ( 1 2 3 4
Income Tax, Policy [Policy Text Block]	Income Taxes The Company uses the asset and liability method of accounting for income taxes in accordance with Accounting Standards Codification (“ASC”) 740, 740” not not

Note 4 - Equipment (Tables)

Note 4 - Equipment (Tables)	6 Months Ended
	Aug. 31, 2018
Notes Tables
Property, Plant and Equipment [Table Text Block]	August 31, February 28, 201 8 2018 Equipment $ 1,739 $ 1,739 Less: accumulated depreciation (319 ) (145 ) Net equipment $ 1,420 $ 1,594

Note 5 - Intangible Assets (Tab

Note 5 - Intangible Assets (Tables)	6 Months Ended
	Aug. 31, 2018
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	August 31 , February 28, 2018 2018 Licenses $ 200,000 $ 200,000 Less: accumulated amortization (200,000 ) (114,583 ) Net intangible assets $ -0- $ 85,417
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	For year ended February 28, Estimated Amortization Expenses 2019 $ -0-

Note 10 - Earnings Per Share (T

Note 10 - Earnings Per Share (Tables)	6 Months Ended
	Aug. 31, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For six months ended August 31, 2018 2017 (Unaudited) (Unaudited) Numerator - basic and diluted Net Loss $ (498,752 ) $ (405,330 ) Denominator Weighted average number of common shares outstanding —basic 17,637,710 6,242,129 Weighted average number of common shares outstanding —diluted 17,637,710 6,249,058 Loss per common share — basic and diluted $ (0.03 ) (0.06 ) For three months ended August 31, 2018 2017 (Unaudited) (Unaudited) Numerator - basic and diluted Net Loss $ (206,468 ) $ (354,471 Denominator Weighted average number of common shares outstanding —basic 17,729,786 9,963,524 Weighted average number of common shares outstanding —diluted 17,729,786 9,977,383 Loss per common share — basic and diluted $ (0.01 ) (0.04

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	6 Months Ended
	Aug. 31, 2018
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the six months ended August 31, 2018 2017 (Unaudited) (Unaudited) U.S. statutory tax rate 21.0 % 34.0 % Hong Kong profit tax rate 16.5 % 16.5 % Foreign income not registered in the Hong Kong (16.5 %) (16.5 %) Others 0.0 % 0.0 % Effective tax rate 21.0 % 34.0 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	August 31, February 28, 2018 2018 Deferred tax asset from operating losses carry-forwards $ 104,738 $ 367,735 Valuation allowance (104,738 ) (367,735 ) Deferred tax asset, net $ - $ -

Note 1 - Nature of Business a_2

Note 1 - Nature of Business and Basis of Presentation (Details Textual) - shares	Jul. 13, 2017	Aug. 31, 2018	Feb. 28, 2018
Stock Issued During Period, Shares, New Issues		323,333	2,836,000
Cheong Chee Ming, Cheong Leong Foong and Liew Siew Chin [Member]
Stock Issued During Period, Shares, New Issues	12,000,000
Consultants [Member]
Stock Issued During Period, Shares, New Issues	600,000		1,350,000

Note 2 - Summary of Principal_2

Note 2 - Summary of Principal Accounting Policies (Details Textual)	6 Months Ended
	Aug. 31, 2018
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life	3 years
Property, Plant and Equipment, Useful Life	3 years
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life	10 years
Property, Plant and Equipment, Useful Life	7 years

Note 3 - Going Concern (Details

Note 3 - Going Concern (Details Textual) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2018	Aug. 31, 2017	Feb. 28, 2018
Retained Earnings (Accumulated Deficit), Ending Balance	$ (2,408,266)		$ (2,408,266)		$ (1,909,514)
Net Income (Loss) Attributable to Parent, Total	$ (206,468)	$ (354,471)	$ (498,752)	$ (405,330)	$ (1,751,121)

Note 4 - Equipment (Details Tex

Note 4 - Equipment (Details Textual) - USD ($)	6 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
Depreciation, Total	$ 174	$ 0

Note 4 - Equipment - Equipment

Note 4 - Equipment - Equipment (Details) - USD ($)	Aug. 31, 2018	Feb. 28, 2018
Equipment	$ 1,739	$ 1,739
Less: accumulated depreciation	(319)	(145)
Net equipment	$ 1,420	$ 1,594

Note 5 - Intangible Assets (Det

Note 5 - Intangible Assets (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Aug. 31, 2018	Aug. 31, 2017
Amortization of Intangible Assets, Total	$ 35,417	$ 0	$ 85,417	$ 0

Note 5 - Intangible Assets - In

Note 5 - Intangible Assets - Intangible Assets (Details) - USD ($)	Aug. 31, 2018	Feb. 28, 2018
Less: accumulated amortization	$ (200,000)	$ (114,583)
Licensing Agreements [Member]
Gross intangible assets	200,000	200,000
Less: accumulated amortization	(200,000)	(114,583)
Net intangible assets	$ 0	$ 85,417

Note 5 - Intangible Assets - Am

Note 5 - Intangible Assets - Amortization of Intangible Assets (Details) $ in Thousands	Aug. 31, 2018USD ($)
2,019	$ 0

Note 6 - Convertible Notes Pa_2

Note 6 - Convertible Notes Payables (Details Textual) - USD ($)	6 Months Ended
	Aug. 31, 2018	Feb. 28, 2018
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Convertible Notes Payable [Member]
Debt Instrument, Convertible, Beneficial Conversion Feature	$ 0
Convertible Notes Payable [Member] | Note Payable Due February 8, 2019 [Member]
Debt Instrument, Face Amount	$ 50,000
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price	$ 2.50
Convertible Notes Payable [Member] | Note Payable Due February 23, 2019 [Member]
Debt Instrument, Face Amount	$ 50,000
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price	$ 2
Convertible Notes Payable [Member] | Note Payable Due March 28, 2019 [Member]
Debt Instrument, Face Amount	$ 100,000
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price	$ 1
Convertible Notes Payable [Member] | Note Payable Due May 3, 2019 [Member]
Debt Instrument, Face Amount	$ 50,000
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price	$ 2.50
Convertible Notes Payable [Member] | Note Payable Due May 18, 2019 [Member]
Debt Instrument, Face Amount	$ 50,000
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price	$ 2.50
Convertible Notes Payable [Member] | Note Payable Due May 18, 2019 2 [Member]
Debt Instrument, Face Amount	$ 70,000
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price	$ 2.50

Note 7 - Note Payable (Details

Note 7 - Note Payable (Details Textual) - Note Payable [Member	Aug. 31, 2018USD ($)
Debt Instrument, Face Amount	$ 66,000
Debt Instrument, Interest Rate, Stated Percentage	0.00%

Note 8 - Common Stock (Details

Note 8 - Common Stock (Details Textual)	Jul. 13, 2017shares	Jun. 21, 2017shares	Aug. 31, 2018shares	Aug. 31, 2017	Aug. 31, 2018USD ($)shares	Aug. 31, 2017USD ($)	Feb. 28, 2018USD ($)$ / sharesshares
Common Stock, Shares Authorized		200,000,000	19,000,000		19,000,000		19,000,000
Stock Issued During Period, Shares, New Issues					323,333		2,836,000
Stock Issued During Period, Value, New Issues | $					$ 402,500
Proceeds from Issuance of Common Stock | $						$ 190,000	$ 180,000
Cheong Chee Ming, Cheong Leong Foong and Liew Siew Chin [Member]
Stock Issued During Period, Shares, New Issues	12,000,000
Consultants [Member]
Stock Issued During Period, Shares, New Issues	600,000						1,350,000
Shares Issued, Price Per Share | $ / shares							$ 0.035
Accredited Investors [Member]
Stock Issued During Period, Shares, New Issues	2,562,500
Investors [Member] | Common Stock Issued at $0.50 Per Share [Member]
Stock Issued During Period, Shares, New Issues							400,000
Shares Issued, Price Per Share | $ / shares							$ 0.50
Investors [Member] | Common Stock Issued at $1.00 Per Share [Member]
Stock Issued During Period, Shares, New Issues							470,000
Shares Issued, Price Per Share | $ / shares							$ 1
Investors [Member] | Common Stock Issued at $1.50 Per Share [Member]
Stock Issued During Period, Shares, New Issues							636,000
Shares Issued, Price Per Share | $ / shares							$ 1.50
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio		4	4	4	4	4

Note 9 - Common Stock Subscri_2

Note 9 - Common Stock Subscribed (Details Textual) - USD ($)	6 Months Ended		12 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Feb. 28, 2018
Proceeds from Sale of Common Stock Subscribed	$ 252,500	$ 1,275,000	$ 150,000

Note 10 - Earnings Per Share -

Note 10 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($)		3 Months Ended			6 Months Ended			12 Months Ended
		Aug. 31, 2018	Aug. 31, 2017		Aug. 31, 2018	Aug. 31, 2017		Feb. 28, 2018
Net Loss		$ (206,468)	$ (354,471)		$ (498,752)	$ (405,330)		$ (1,751,121)
Weighted average number of common shares outstanding —basic (in shares)	[1]	17,729,786	9,963,524		17,637,710	6,242,129
Weighted average number of common shares outstanding —diluted (in shares)		17,729,786	9,977,383	[1]	17,637,710	6,249,058	[1]
Loss per common share — basic and diluted (in dollars per share)		$ (0.01)	$ (0.04)		$ (0.03)	$ (0.06)
[1]	Reflects 4 to 1 reverse split

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	6 Months Ended
	Aug. 31, 2018	Aug. 31, 2017	Feb. 28, 2018
Effective Income Tax Rate Reconciliation, Percent, Total	21.00%	34.00%
Effective Income Tax Rate Reconciliation, Foreign Profit Tax Rate, Percent	16.50%	16.50%
Deferred Tax Assets, Gross, Total	$ 104,738		$ 367,735
Deferred Tax Assets, Valuation Allowance, Total	$ 104,738		$ 367,735
Domestic Tax Authority [Member]
Effective Income Tax Rate Reconciliation, Percent, Total	21.00%	34.00%
Foreign Tax Authority [Member]
Effective Income Tax Rate Reconciliation, Percent, Total	21.00%	34.00%

Note 11 - Income Taxes - Effect

Note 11 - Income Taxes - Effective Income Tax Rates (Details)	6 Months Ended
	Aug. 31, 2018	Aug. 31, 2017
U.S. statutory tax rate	21.00%	34.00%
Hong Kong profit tax rate	16.50%	16.50%
Foreign income not registered in the Hong Kong	(16.50%)	(16.50%)
Others	0.00%	0.00%
Effective tax rate	21.00%	34.00%

Note 11 - Income Taxes - Deferr

Note 11 - Income Taxes - Deferred Tax Asset (Details) - USD ($)	Aug. 31, 2018	Feb. 28, 2018
Deferred tax asset from operating losses carry-forwards	$ 104,738	$ 367,735
Valuation allowance	(104,738)	(367,735)
Deferred tax asset, net