XML 41 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Cash flows from operating activities    
Net Loss $ (1,332,991) $ (70,777)
Adjustments to reconcile net loss to net cash used in operations:    
Common stock for services 467,448   
Gain (loss) on derivative liability 10,794   
Amortization of discounts (93,989)   
Bad debt expense 4,950   
Derivative expense 50,076   
Change in assets and liabilities    
Increase in accounts receivable (9,900)   
Purchase of inventory (32,682)   
Increase in prepaids and other current assets (82,949)   
Increase in note receivable related party (77,307)   
Increase in interest receivable related party (2,612)   
Increase in accounts payable 172,009   
Increase in customer deposits    5,000
Increase (decrease) in accrued expenses 30,149 58,965
Net cash used in operating activities (709,026) (6,812)
Cash flows from investing activities    
Property and equipment    (10,080)
Net cash provided by (used) in investing activities    (10,080)
Cash flows from financing activities    
Proceeds from convertible debt 359,850   
Increase in note payable related party 289,998 2,000
Increase in other notes payable 30,000   
Proceeds from the sale of common stock 15,998 20,000
Net cash provided by financing activities 695,846 22,000
Net increase (decrease) in cash (13,180) 5,108
Cash at beginning of period 15,140 10,032
Cash at end of period 1,960 15,140
Supplemental Cash Flow Information:    
Cash paid for interest 55   
Cash paid for taxes      
Supplemental disclosure of non cash activities    
Conveyance of subsidiary $ 57,147