Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Equipment

v2.4.0.8
Note 4 - Equipment
9 Months Ended
May 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
Note 4 – Equipment

Equipment consists of the following:

   
Useful Life
 
May 31,
2014
   
August 31,
2013
 
                 
Computer equipment
 
5 years
 
$
10,000
   
$
10,000
 
Furniture and fixtures
 
7 years
   
15,340
     
15,340
 
         
25,340
     
25,340
 
Less accumulated depreciation
       
(19,912
)
   
(16,768
)
       
$
5,428
   
$
8,572
 

Depreciation expense totaled $1,048 and $3,144 for the three and nine months ended May 31, 2014 and $1,048 and $3,144 for the three and nine months ended May 31, 2013, respectively.