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Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended 64 Months Ended
May 31, 2012
May 31, 2011
May 31, 2012
Cash Flows From Operating Activities:      
Net loss $ (1,270,395) $ (572,009) $ (16,305,624)
Adjustments to reconcile net loss to net cash used in operating activities:      
Debt financing costs    5,833 1,906,933
Depreciation expense 15,189 3,156 166,117
Impairment loss       1,104,917
Options, warrants and common stock issued for services rendered       5,753,309
Gain on settlement of prior liabilties    (193,978) (508,457)
Gain on sale of equipment    (9,000) (9,000)
Changes in operating assets and liabilities:      
Accounts payable (73,729) (30,030) 1,091,265
Accrued expense 4,350 12,824 84,330
Net cash used in operating activities (1,324,585) (783,204) (6,716,210)
Cash Flows From Investing Activities:      
Purchase of property and equipment (28,146) (23,479) (246,262)
Software development       (1,109,417)
Net cash used in investing activities (28,146) (23,479) (1,355,679)
Cash Flows From Financing Activities:      
Proceeds from related party 725,000 350,075 1,917,510
Proceeds from sale of equipment    9,000 46,697
Proceeds from issuance of notes payable       2,600,000
Repayment of notes payable       (500,000)
Proceeds from issuance of common stock and warrants, net of offering costs 620,000 480,000 4,033,599
Net cash provided by financing acitivities 1,345,000 839,075 8,097,806
Net increase in cash (7,731) 32,456 25,917
Cash beginning of period 33,648 4,942   
Cash end of period 25,917 37,398 25,917
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid during the period for:Interest         
Cash paid during the period for:Income taxes         
Common stock and warrants issued for payment of accounts payable    70,125 166,325
Common stock and warrants issued upon conversion of covertible debt    1,212,000 2,912,000
Common stock and warrants issued upon conversion of related party debt $ 595,000    $ 915,000