RELATED PARTY TRANSACTIONS

3 Months Ended

Nov. 30, 2012

Notes to Financial Statements

Note 6 - RELATED PARTY TRANSACTIONS

During the three months ended November 30, 2012, Janst Limited, an affiliate of the Company (“Janst”), entered into a subscription agreement to purchase 5,714,286 shares of our common stock at $0.07 per share for an aggregate investment in the Company of $400,000.

As of November 30, 2012 and August 31, 2012, the amount due Genovese was $510 and $661,510 respectively. The advances are non-interest bearing.

As of November 30, 2012 and August 31, 2012, the amount due Clayoquot Wilderness Resort, a company which Genovese is a principal, was $100,000 and $-0-, respectively.  The advance is non-interest bearing.