|
LONG-TERM DEBT (Details Narrative) (USD $)
|
Nov. 30, 2013
|
Aug. 31, 2013
|
|---|---|---|
| Long-term Debt Prinicpal Balance | $ 372,813 | $ 212,813 |
|
Prom Note and Security Agmt
|
||
| Date of Agreement | Aug. 11, 2011 | |
| Long-term Debt | 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 | 29,580 | 26,383 |
|
Financing and Security Agmt
|
||
| Date of Agreement | Aug. 02, 2013 | |
| Long-term Debt | 220,000 | |
| Long-term Debt Fixed Interest Rate | 9.50% | |
| Due Date Of First Semi-Annual Interest Only Repayments Of Long Term Debt | Feb. 02, 2014 | |
| Long-term Debt Prinicpal Balance | 160,000 | 0 |
| Accrued Interest Of Long Term Debt | $ 2,498 | $ 0 |