Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Details Narrative)

v2.4.0.8
LONG-TERM DEBT (Details Narrative) (USD $)
Aug. 31, 2013
Aug. 31, 2012
Long-term Debt $ 212,813 $ 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  
Accrued Interest Of Long Term Debt 26,383 13,560
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 212,813  
Accrued Interest Of Long Term Debt $ 0 $ 0