3. COMMON STOCK (Tables)

3 Months Ended

May 31, 2019

			Weighted-
			Average
	Warrants		Exercise
	Outstanding		Price

Outstanding at March 1, 2018		6,407,221		0.21
Granted		-		-
Exercised		-		-
Forfeited		-		-
Outstanding at November 30, 2018		6,407,221		0.21
Vested at November 30, 2018		6,407,221		0.21
Exercisable at February 28, 2018		6,407,221		0.21

Summary of significant ranges of outstanding warrants

		Warrants Outstanding						Warrants Exercisable
				Weighted		Weighted				Weighted
				Average		Average				Average
				Remaining		Exercise		Number		Exercise
Exercise Price		Number		Life (Years)		Price		Outstanding		Price

	$0.21		6,407,221		1.75		$0.21		6,407,221		$0.21

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

SEYCHELLE ENVIRONMENTAL TECHNOLOGIES INC /CA 10-Q