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4. CONTRACT PAYABLE (Tables)
9 Months Ended
May 31, 2014
Contract Payable  
Future payments
April 25, 2015   $ 750,000  
April 25, 2016     750,000  
April 25, 2017     1,000,000  
Total   $ 2,500,000  
Less Current portion     (750,000 )
Contract payable, net of current portion   $ 1,750,000