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Note 14: Subsequent Events
12 Months Ended
Aug. 31, 2014
Notes  
Note 14: Subsequent Events

 

Note 14:  Subsequent Events

 

On September 16, 2014, the Company entered into an employment agreement with its Chief Financial Officer, William S. Barth (see Note 12 – Commitments and Contingencies, Employment Agreement - CFO). 

 

On November 10, 2014, the Company entered into a consulting agreement with its former Chief Executive Officer, Harold R. Wolcott, who resigned effective November 10, 2014.

 

The Company has evaluated events occurring after the date of our accompanying balance sheets through the date of the filing of this Annual Report on Form 10-K.  No material subsequent events requiring adjustment to our accompanying financial statements were identified.