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Note 9 - Related Party Transactions and Commitments: Schedule of Related Party Transactions (Tables)
12 Months Ended
Jul. 31, 2014
Tables/Schedules  
Schedule of Related Party Transactions

 

 

Year Ended July 31, 2014

Year Ended July 31, 2013

Management and Other Expenses:

 

 

Management services

$  157,893

$ 169,578

Airfare reimbursement

451

-

Multi-media marketing, advertising and website maintenance services

2,821

21,243

 

 

 

Royalties and License Fees Pertaining to Exclusive Rights, excluding interest which appears under Other Income (Expense)

 

150,000

 

140,000

 

 

 

Variable Interest Entity outlined in Note 4:

 

 

Marketing services

2,402

158,170

Rent

33,560

35,771

Offset for legal fees paid on VIE’s behalf

(1,201)

-

 

 

 

Total Related Party Expenses

$  345,926

$  524,761