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LONG-TERM DEBT (Details Narrative) (USD $)
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9 Months Ended | ||
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May 31, 2013
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Aug. 31, 2016
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Aug. 31, 2012
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| Debt Disclosure [Abstract] | |||
| Date that the Purchase Money Promissory Note and Security Agreement was entered | Aug. 11, 2011 | ||
| Long-term Debt | $ 212,813 | $ 212,813 | $ 212,813 |
| Long-term Debt Fixed Interest Rate | 6.00% | ||
| Maturity Date | Aug. 11, 2016 | ||
| Semi-Annual Interest Only Repayments Of Long Term Debt | 6,385 | ||
| Due Date Of First Semi-Annual Interest Only Repayments Of Long Term Debt | Mar. 31, 2012 | ||
| Long-term Debt Prinicpal Balance | 212,813 | 212,813 | |
| Accrued Interest Of Long Term Debt | $ 23,151 | $ 13,560 |
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- Details
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The interest rate applicable to the portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a set, unchanging rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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