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PROPERTY AND EQUIPMENT
12 Months Ended
Aug. 31, 2013
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment consisted of the following August 31:

 

    2013   2012
Property and equipment   $ —     $ 10,080  
Less: accumulated depreciation     —       —  
Property and equipment, net   $ —     $ 10,080  

 

No depreciation expense was taken for the year ended August 31, 2012 or thereafter, as the asset acquired had not yet been placed into service. The asset as of August 31, 2012 was owned by the Company’s prior subsidiary, SOI Nevada, LLC, of which full ownership was transferred to the sole officer and director on September 19, 2012; therefore, the asset is no longer owned by the company.