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Note 8: Related Party Transactions
12 Months Ended
Aug. 31, 2014
Notes  
Note 8: Related Party Transactions

Note 8:  Related Party Transactions

 

During the years ended August 31, 2014, 2013, and 2012, we had sales of $419,549, $99,896 and $333,663, respectively, to entities controlled by a significant stockholder and member of the Board of Directors.  These related party transactions represent approximately 8%, 3%, and 16% of total sales for each respective year.

 

As of August 31, 2014 and 2013, receivables include $8,322 and $24,201, respectively, from these related parties.