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Note 8: Related Party Transactions
12 Months Ended
Aug. 31, 2013
Notes  
Note 8: Related Party Transactions

Note 8:  Related Party Transactions

 

During the years ended August 31, 2013, 2012, and 2011, we had sales of $99,896, $333,663 and $1,063,495, respectively, to entities controlled by a significant stockholder and member of the Board of Directors.  These related party transactions represent approximately 3%, 16% and 35% of total sales for each respective year. 

 

As of August 31, 2013 and 2012, receivables include $24,201 and $33,257, respectively, from these related parties.