MEDIJANE HOLDINGS INC.

CIK:0001493212|SEC Filings

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Feb. 28, 2019	Feb. 28, 2018
Details
Revenues	$ 0	$ 0
Cost of sales	0	0
Gross Profit	0	0
Operating expenses
Sales and marketing expenses	124,258	0
Operations expense	501,108	0
General and administrative	4,980	458
Consulting fees (includes non-cash consulting fees of $2,050,508)	2,196,341	0
Professional fees	207,348	0
Lease operating expenses	28,357	0
Total operating expenses	3,062,392	458
Loss before other expenses	(3,062,392)	(458)
Other income (expense)
Interest income	3	0
Miscellaneous income	974	0
Interest Expense	(49,442)	(83,064)
(Loss) on currency conversion	(6,335)	0
Gain on derivative liability	0	6,932
Total other expense	(54,800)	(76,132)
Net loss	$ (3,117,192)	$ (76,590)
Basic and diluted loss per common share
Income (loss) from continuing operations	$ (0.27)	$ (2.46)
Basic and diluted loss per common share	$ (0.27)	$ (2.46)
Weighted average shares outstanding - basic and diluted	11,630,774	31,118

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Feb. 28, 2019	Feb. 28, 2018
Operating Activities
Net loss	$ (3,117,192)	$ (76,590)
Adjustments to reconcile net loss to net cash used in operating activities:
Non-cash interest expense on convertible notes payable	49,442	83,064
Non-cash (gain) on derivative liability	0	(81,428)
Debt conversion	5,283	74,496
Non-cash expenses of services & settlements	4,008,403	0
Changes in operating assets and liabilities:
Deposit on Land	(299,000)	0
Prepaid expense	(1,975,519)	0
Accounts payable and accruals	468,552	0
Net Cash (used for) operating activities - current operations	(860,030)	(458)
Investing Activities
Net Cash provided by (used for) Investing Activities - continuing operations	0	0
Other loans	41,730	0
Proceeds from issuance of common shares	1,019,591	0
Net Cash provided by Financing Activities - continuing operations	1,061,321	0
Increase (Decrease) in Cash - continuing operations	201,291	(458)
Cash and Cash Equivalents, at Carrying Value, Beginning Balance	697	1,155
Cash and Cash Equivalents, at Carrying Value, Ending Balance	201,988	697
Supplemental disclosures
Interest paid	0	0
Income tax paid	0	0
Non-cash issuance of stock for consulting agreement	2,196,341	0
Non-cash issuance of stock for prepaid expenses	$ 500,000	$ 0

Statement of Financial Position - USD ($)	Feb. 28, 2019	Feb. 28, 2018
ASSETS
Cash	$ 201,988	$ 697
Notes receivable, related party	0	235,752
Prepayments	2,169,269	0
Total Current Assets	2,371,257	236,449
Intellectual Property	8,766,356	0
Land deposit	299,000	0
Total Assets	11,436,613	236,449
Current Liabilities
Accounts payable and accrued liabilities	385,011	518,310
Pending cash settlements	500,000	0
Loan payable to Gauntlet	100,000	0
Other loans	36,172	0
Due to related parties	327,042	277,219
Current Liabilities	1,348,225	795,529
Convertible notes payable, net	0	415,581
Derivative liability, Typenex note	0	390,009
Total Liabilities	1,348,225	1,601,119
STOCKHOLDERS' DEFICIT
Common Stock, Value	10,085	34
Additional paid-in capital	34,100,397	17,785,335
Accumulated deficit during the development stage	(24,022,094)	(19,150,339)
Total Stockholders' Equity (Deficit)	10,088,388	(1,364,670)
Total Liabilities and Stockholders' Equity	11,436,613	236,449
Series B Preferred Stock
STOCKHOLDERS' DEFICIT
Preferred Stock, Value	0	200
Series C Preferred Stock
STOCKHOLDERS' DEFICIT
Preferred Stock, Value	$ 0	$ 100