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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT) (USD $)
Preferred Series A share
Preferred Series B shares
Common shares
Preferred shares subscribed
Additional Paid In Capital
Deficit Accumulated During Development Stage
Subtotal
Non Controlling Interest
Total
Balance - amount at Aug. 31, 2011 $ 75   $ 78,395 $ 100,000 $ 926,208 $ (797,109) $ 307,569 $ 24,673 $ 332,242
Balance - shares at Aug. 31, 2011 75,000   78,395,539 40,000          
Sale of Series B preferred stock in October 2011 at $2.50 per share   20     49,980   50,000   50,000
Sale of Series B preferred stock in October 2011 at $2.50 per share - shares   20,000              
Common stock issued in November 2011 held in escrow at par value     3,800   (3,800)        
Common stock issued in November 2011 held in escrow at par value - shares     3,800,000            
Common stock issued in November 2011 for officer compensation at $0.09 per share     50   4,450   4,500   4,500
Common stock issued in November 2011 for officer compensation at $0.09 per share - shares     50,000            
Common stock issued in January 2012 in settlement of notes payable at $0.04 per share     800   31,200   32,000   32,000
Common stock issued in January 2012 in settlement of notes payable at $0.04 per share - shares     800,000            
Common stock issued in February 2012 in settlement of notes payable at $0.04 per share     2,518   98,219   100,737   100,737
Common stock issued in February 2012 in settlement of notes payable at $0.04 per share - shares     2,518,425            
Stock based compensation         116,752   116,752   116,752
Net loss           (642,434) (642,434) (223,365) (865,799)
Balance - amount at Feb. 28, 2012 $ 75 $ 20 $ 85,563 $ 100,000 $ 1,223,009 $ (1,439,543) $ (30,876) $ (198,692) $ (229,568)
Balance - shares at Feb. 28, 2012 75,000 20,000 85,563,964 40,000