Acquisitions: Schedule of Fair Values of Assets Acquired and Liabilities Assumed in Business Acquisition (Tables)

12 Months Ended

Aug. 31, 2013

Tables/Schedules

Schedule of Fair Values of Assets Acquired and Liabilities Assumed in Business Acquisition

Cash	$ 3,435
Net VAT receivable	9,667
Other current assets	1,169
Security deposit	990
Furniture and equipment	7,476
Total identifiable assets	22,737
Related party loans payable	(47,589)
Other current liabilities	(625)
Total liabilities assumed	(48,214)
Net identifiable liabilities acquired	(25,477)
Goodwill	525,477
Net assets acquired	$ 500,000