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6. RELATED PARTY TRANSACTIONS
3 Months Ended
Nov. 30, 2012
Related Party Transactions [Abstract]  
Note 6. RELATED PARTY TRANSACTIONS

Note 6: RELATED PARTY TRANSACTIONS

 

As of November 30, 2012, included in bonus expenses to officers was $45,000, of which $15,000 was accrued bonus representing an estimated quarterly amount of bonus payable to the Corporate Secretary, Virginia Woltosz, as part of the terms of the sale of Words+ to Simulations Plus in 1996. The other $30,000, paid in September 2012, was FY2012 performance bonus to Walter Woltosz, our President/Chief Executive Officer, which was approved by the compensation committee during the quarter ended November 30, 2012.