Note 8: Related Party Transactions

12 Months Ended

Aug. 31, 2012

Notes

Note 8: Related Party Transactions

Note 8:  Related Party Transactions

During the years ended August 31, 2012, 2011, and 2010, we had sales of $333,663, $1,063,495 and $309,259, respectively, to entities controlled by a significant stockholder and member of the Board of Directors.  These related party transactions represent 16%, 35% and 20% of total sales for each respective year. 

As of August 31, 2012 and 2011, receivables include $33,257 and $408,323, respectively, from these related parties.