COMMITMENTS AND CONTINGENCIES	6 Months Ended
Jul. 31, 2016
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	8. COMMITMENTS AND CONTINGENCIES On July 8, 2014, the Company entered into an agreement to issue 100,000 shares of its common stock as a deposit to acquire software and against an option to acquire 100% of the issued share capital of AZUR Universal Inc., subject to certain terms and conditions. At the date of this report certain due diligence remained to be completed. The common shares due were issued in March of 2016 as the directors wanted to continue exploring the merits and timing of this software acquisition. Additional 900,000 common shares were fully issued in August of 2016 to complete the full purchase transaction at the agreed sum. The shares will be formally released upon receiving all software code and documentation as items are outstanding. The Company is required to file its annual and quarterly financial reports with SEDAR in Canada. Due to delays in filing its financial statements and other possible forms, the Company believes it may be subject to certain potentially significant penalties to be levied by the Alberta Securities Commission (ASC). These fines have now been stated to be CDN$10,120 or approximately US$7,500 as advised and invoiced by the ASC, and have been accrued into the financial statements as of July 31, 2016. The Company is considering engaging its legal counsel to assist in reducing or eliminating these penalties. Further correspondence has been delivered to the ASC after filing the 10-K for January 31, 2016. The previous 10q ending April 30, 2016 was filed with SEDAR and this is ongoing.

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jul. 31, 2016

8. COMMITMENTS AND CONTINGENCIES

On July 8, 2014, the Company entered into an agreement to issue 100,000 shares of its common stock as a deposit to acquire software and against an option to acquire 100% of the issued share capital of AZUR Universal Inc., subject to certain terms and conditions. At the date of this report certain due diligence remained to be completed. The common shares due were issued in March of 2016 as the directors wanted to continue exploring the merits and timing of this software acquisition. Additional 900,000 common shares were fully issued in August of 2016 to complete the full purchase transaction at the agreed sum. The shares will be formally released upon receiving all software code and documentation as items are outstanding.

The Company is required to file its annual and quarterly financial reports with SEDAR in Canada. Due to delays in filing its financial statements and other possible forms, the Company believes it may be subject to certain potentially significant penalties to be levied by the Alberta Securities Commission (ASC). These fines have now been stated to be CDN$10,120 or approximately US$7,500 as advised and invoiced by the ASC, and have been accrued into the financial statements as of July 31, 2016. The Company is considering engaging its legal counsel to assist in reducing or eliminating these penalties. Further correspondence has been delivered to the ASC after filing the 10-K for January 31, 2016. The previous 10q ending April 30, 2016 was filed with SEDAR and this is ongoing.