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SEGMENTED INFORMATION
6 Months Ended 12 Months Ended
Feb. 28, 2014
Aug. 31, 2013
SEGMENTED INFORMATION [Text Block]
14.

SEGMENTED INFORMATION

   
 

The Company identifies its segments based on the way management organizes the Company to assess performance and make operating decisions regarding the allocation of resources. In accordance with the criteria in FASB ASC 280 " Segment Reporting ," the Company has concluded it has two reportable segments: renewable energy, and oil and gas, and medical marijuana, which are managed separately based on fundamental differences in their operations nature.

   
 

Summarized financial information concerning the Company’s reportable segments is shown in the following tables:

   
                  Medical              
  Quarter ended February 28, 2014   Renewable energy     Oil and Gas     Marijuana     Corporate     Consolidated    
  Revenues $   -   $       - $   $   -   $ -  
                                 
  Net income (loss) from operations               (8,982 )   (463,251 )   (472,213 )
                                 
  Total assets $ 1   $ 4,000   $ 4,107,628   $ 1,070,822 $   $ 5,182,450  

The operations of the Group are located geographically in the United States, except for the Medical Marijuana which is in Canada. The administrative functions are all located geographically in Canada.

14.

SEGMENTED INFORMATION

The Company identifies its segments based on the way management organizes the Company to assess performance and make operating decisions regarding the allocation of resources. In accordance with the criteria in FASB ASC 280 " Segment Reporting ," the Company has concluded it has two reportable segments: renewable energy, and mining exploration and developments, which are managed separately based on fundamental differences in their operations nature.

Summarized financial information concerning the Company’s reportable segments is shown in the following tables:

            Mining exploration              
  Year ended August 31, 2013   Renewable energy     and development     Corporate     Consolidated  
  Revenues $   -   $   -   $   -   $ -  
                           
  Net income (loss) from operations   (56,781 )   (526,932 )   (147,191 )   (730,904 )
                           
  Total assets $   -   $   -   $ 54,469   $ 54,469  

            Mining exploration              
  Year ended August 31, 2012   Renewable energy     and development     Corporate     Consolidated  
  Revenues $   -   $   -   $   -   $   -  
                           
  Net income (loss) from operations   (203,044 )   (179,375 )   (627,316 )   (1,009,735 )
                           
  Total assets $ 100,697   $ 293,255   $ 87,235   $ 481,187  

The operations of the Group are located geographically in the United States.