XML 34 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
NOTE 7 - NOTES PAYABLE - STOCKHOLDERS'
3 Months Ended
Nov. 30, 2013
Note Payable Shareholder [Abstract]  
Note Payable Shareholder
NOTE 7 – NOTES PAYABLE – STOCKHOLDERS’

During the quarter ended November 30, 2013, the Company received additional loans from Michel St-Pierre in the amount of $2,448. In 2013, the Company received additional loans from Michel St-Pierre in the amount of $151,202. At November 30, 2013, the loans amounted to $383,646. These loans carry an interest of 10% and are payable on demand.

During the quarter ended November 30, 2013, the Company received additional loans from a shareholder in the amount of $3,505. The amount owed to the shareholder at November 30, 2013 is $162,324. This note bears interest at 10% per annum and is payable on demand.

During the quarter ended November 30, 2013, the Company received additional loans from Capex Investments Limited, a shareholder, in the amount of $11,000. In 2013, the Company received additional loans from Capex Investments Limited in the amount of $118,615. The amount owed to Capex Investments Limited at November 30, 2013 is $260,780. These loans carry an interest of 10% and are payable on demand.

In 2013, the Company received loans from DT Crystal in the amount of $44,940. The amount owed to DT Crystal November 30, 2013 is $44,940. These loans carry an interest of 10% and are payable on demand.

   
2013
 
Michel St-Pierre
  $ 383,646  
Shareholder
    162,324  
Capex Investments Limited
    260,780  
DT Crystal
    44,940  
Total
  $ 851,690