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3. PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Aug. 31, 2012

Property, Plant and Equipment [Abstract]

Property and equipment at August 31, 2012 and 2011 consisted of the following:

	2012		2011
Equipment		123,062		39,374
Computer equipment		272,562		255,074
Furniture and fixtures		48,813		48,813
Leasehold improvements		53,898		53,898
		498,335		397,159
Less accumulated depreciation and Amortization		390,925		354,149
Total	$	107,410	$	43,010

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details