ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

6 Months Ended

Feb. 28, 2014

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

NOTE 4 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accounts payable and accrued liabilities as of February 28, 2014 and August 31, 2013 are comprised of the following:

	February 28, 2014		August 31, 2013
Accounts payable	$	211,279		$	214,429
Total accounts payable and accrued liabilities	$	211,279			214,429

During the six months ended February 28, 2014, the Company’s president paid $4,150 to the Company’s  outside accountant on past due amounts due him by the Company.

During the six months ended February 28, 2013, the Company determined certain accrued compensation have been forgiven by the officers / related parties and accordingly, the Company credited to additional paid-in capital as contributed services rendered by the officers / related parties of $485,596 (accrued amount of $410,596 as of August 31, 2012 and the amount incurred for the six months ended February 28, 2013 of $75,000).

Also, during the six months ended February 28, 2013, the Company determined certain liabilities have been forgiven by the creditors and accordingly, the Company recorded a gain on forgiveness of debt of $101,142 during the six months ended February 28, 2013.