Statement of Cash Flows, Supplemental Disclosures

12 Months Ended

Aug. 31, 2012

Statement of Cash Flows, Supplemental Disclosures

Cash Flow, Supplemental Disclosures [Text Block]

16.          SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

Certain cash payments for the years ended August 31, 2012 and 2011 are summarized as follows:

	2012	2011
Cash paid during the year for:
Interest	$          743	$                 -
Income taxes	$   520,000	$  1,159,779

There were no non-cash investing or financing activities during the years presented.