Note 2 - Related Party Transactions	6 Months Ended
Note 2 - Related Party Transactions	Aug. 31, 2015
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 2 RELATED PARTY TRANSACTION S Prepaid Loan Commitment On February 16, 2005, the Company’s President, Buddy Young, accepted an unsecured promissory note from the Company and agreed to lend up to $300,000 to the Company to fund any cash shortfalls through March 31, 2015. The note bore interest at 8% and was due upon demand, no later than June 30, 2015. On February 16, 2015, the Company agreed to settle the outstanding balance at that time of $226,755 with accrued interest of $64,779 in full for the sum of $288,000 and as a result recognized a gain on extinguishment of debt of $3,534 during the year ended February 28, 2015. The outstanding balance was $223,221 and $192,604 with accrued interest of $64,779 and $47,575 as of February 28, 2015 and 2014 respectively. The settlement was paid in full on March 2, 2015 . Effective June 1, 2014, the Board of Directors agreed to a compensation amount of $12,500 per month for the period of June 1 through August 31, 2014, for Mr. Young’s services; the compensation was accrued at the end of each month and was to be paid once funds became available. The Company included these accruals in the Loan Payable – related party balance on the accompanying balance sheet as of February 28, 2015, which was settled on March 2, 2015 as indicated above. Change in Control / Securities Purchase Agreement On February 27, 2015 under the terms of a Securities Purchase Agreement among and between the Company, Buddy Young, the Young Family Trust (the “Trust”), Sung-Ho Park, Jae-Min Oh and Rak-Gu Kim dated February 16, 2015 and as amended by Amendment No. 1 to Securities Purchase Agreement dated February 20, 2015 (as amended, the “Securities Purchase Agreement”), Messrs. Park, Oh and Kim purchased from the Trust a total of 1,070,000 common shares of the Company at a price of $0.025234 per share or $27,000 in the aggregate, resulting in a change of control. During the year ended February 28, 2015, a company with common directors advanced a total of $62,009 to the Company. During the six months ended August 31, 2015, repayments were made to reduce the total amount of these advances owing to $35,009 . The advances are unsecured, non-interest bearing and due on demand. Short -Term Loans During the six months ended August 31, 2015, IMK Korea entered into a loan agreement with a company with common directors in the amount of $17,255 (SKW 20,420,000). The loan is unsecured, non-interest bearing and matures one year from the issue date. Management Compensation Key management includes the directors, the Chairman, the Chief Executive Officer , the Chief Financial Officer and the former Chief Executive Officer. Compensation paid or payable to key management for services provided during the six months ended August 31, 2015 were $113,723 (SKW 127,499,997) in salaries and $81,000 in consulting fees.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

IMK GROUP, INC. 10-Q