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Consolidated Statements of Cash Flows (USD $)
9 Months Ended 76 Months Ended
May 31, 2013
May 31, 2012
May 31, 2013
Cash Flows From Operating Activities:      
Net loss $ (1,394,770) $ (1,270,395) $ (18,117,613)
Adjustments to reconcile net loss to net cash used in operating activities:      
Debt financing costs       1,906,933
Depreciation expense 17,252 15,189 188,572
Impairment loss       1,104,917
Options, warrants and common stock issued for services rendered       5,753,309
Gain on settlement of prior liabilties       (508,457)
Gain on sale of equipment       (9,000)
Changes in operating assets and liabilities:      
Accounts payable (26,071) (73,729) 1,083,298
Accrued expense (4,483) 4,350 85,135
Net cash used in operating activities (1,408,072) (1,324,585) (8,512,906)
Cash Flows From Investing Activities:      
Purchase of property and equipment (5,845) (28,146) (253,235)
Software development (561,044)    (1,670,461)
Net cash used in investing activities (566,889) (28,146) (1,923,696)
Cash Flows From Financing Activities:      
Proceeds from related parties 1,553,000 725,000 4,171,510
Proceeds from sale of equipment       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 400,000 620,000 4,333,599
Net cash provided by financing acitivities 1,953,000 1,345,000 10,651,806
Net increase (decrease) in cash (21,961) (7,731) 215,204
Cash beginning of period 237,165 33,648   
Cash end of period 215,204 25,917 215,204
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 upon conversion of covertible debt and related party debt $ 661,000 $ 1,212,000 $ 6,800,044