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Note 6. Related Party Transactions
3 Months Ended
Nov. 30, 2013
Notes  
Note 6. Related Party Transactions

Note 6.   Related Party Transactions

During the three months ended November 30, 2013 and 2012, we had sales of $16,686 and $70,271, respectively, to entities controlled by a significant stockholder and member of the Board of Directors.  These related party transactions represent approximately 1% and 11% of total sales for each respective three-month period. 

 

As of November 30, 2013 and August 31, 2013, receivables included $40,887 and $24,201, respectively, from these related parties.  Also, included in deposits from our customers as of November 30, 2013 and August 31, 2013 was $159,980 towards the purchase of a hyperthermia system from this same related party.