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RELATED PARTY TRANSACTIONS	9 Months Ended
May 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 9 - RELATED PARTY TRANSACTIONS The Company’s current officers and shareholders have advanced funds to the Company for travel related and working capital purposes. No formal repayment terms or arrangements existed. There were $304,656 and $290,506 advances due at May 31, 2014 and August 31, 2013, respectively. As described in Note 6 above, from November 9, 2010 (date of inception) through August 31, 2011, the Company issued two notes in the aggregate amount of $265,474 and during the year ended August 31, 2012, the Company issued six notes in the aggregate of $138,026 to the non-controlling interest shareholders of Eco Ventures – Florida. The notes bear an 8% per annum interest rate, unsecured and are due on demand. The Company charged to operations interest expense on the above notes of $8,259 and $7,784 for the nine months ended May 31, 2014 and 2013, respectively and $2,783 and $2,783 for the three months ended May 31, 2014 and 2013, respectively. On September 10, 2012, the Board of Directors (the “Board”) of Eco Ventures Group, Inc. (the “Company”) accepted the resignation of Paul Smith as President. In accordance with agreement, Mr. Smith’s shall receive all stock earned prior to resignation totaling 6,417 shares. Smith shall receive an additional 20,000 shares of stock valued at $165,000 as compensation for remaining on the “Advisory Board” of Eco Ventures. Also, Smith waived his right to any back salary or cash compensation for services rendered. During the nine months ended May 31, 2013, the Company credited to additional paid-in capital as contributed services of $180,297 resulted from Smith’s waiving of his right to any back salary or cash compensation for services. In November 2013, the Company’s president paid $4,150 to the Company’s outside accountant on an outstanding balance due him by the Company. In May 2014, the Company’s President paid $10,000 to the Company’s auditors of which $2,500 was expensed and $7,500 will be applied against future services.

RELATED PARTY TRANSACTIONS

9 Months Ended

May 31, 2014

NOTE 9 - RELATED PARTY TRANSACTIONS

The Company’s current officers and shareholders have advanced funds to the Company for travel related and working capital purposes. No formal repayment terms or arrangements existed. There were $304,656 and $290,506 advances due at May 31, 2014 and August 31, 2013, respectively.

As described in Note 6 above, from November 9, 2010 (date of inception) through August 31, 2011, the Company issued two notes in the aggregate amount of $265,474 and during the year ended August 31, 2012, the Company issued six notes in the aggregate of $138,026 to the non-controlling interest shareholders of Eco Ventures – Florida. The notes bear an 8% per annum interest rate, unsecured and are due on demand. The Company charged to operations interest expense on the above notes of $8,259 and $7,784 for the nine months ended May 31, 2014 and 2013, respectively and $2,783 and $2,783 for the three months ended May 31, 2014 and 2013, respectively.

On September 10, 2012, the Board of Directors (the “Board”) of Eco Ventures Group, Inc. (the “Company”) accepted the resignation of Paul Smith as President. In accordance with agreement, Mr. Smith’s shall receive all stock earned prior to resignation totaling 6,417 shares. Smith shall receive an additional 20,000 shares of stock valued at $165,000 as compensation for remaining on the “Advisory Board” of Eco Ventures. Also, Smith waived his right to any back salary or cash compensation for services rendered. During the nine months ended May 31, 2013, the Company credited to additional paid-in capital as contributed services of $180,297 resulted from Smith’s waiving of his right to any back salary or cash compensation for services.

In November 2013, the Company’s president paid $4,150 to the Company’s outside accountant on an outstanding balance due him by the Company. In May 2014, the Company’s President paid $10,000 to the Company’s auditors of which $2,500 was expensed and $7,500 will be applied against future services.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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