Knowledge Capital Registration Statement

3 Months Ended

Nov. 29, 2014

Knowledge Capital Registration Statement

Knowledge Capital Registration Statement

NOTE 7 – KNOWLEDGE CAPITAL REGISTRATION STATEMENT

Pursuant to a fiscal 2011 warrant exercise agreement with Knowledge Capital Investment Group (Knowledge Capital), we filed a registration statement on Form S-3 on November 21, 2014 with the Securities and Exchange Commission to register shares held by Knowledge Capital.  We anticipate that this registration statement will become effective during the quarter ended February 28, 2015.  At November 29, 2014, Knowledge Capital held 3.2 million shares of our common stock.  Two members of our Board of Directors, including our Chief Executive Officer, have an equity interest in Knowledge Capital.