4. CONTRACT PAYABLE (Tables)

12 Months Ended

Aug. 31, 2014

Other Liabilities Disclosure [Abstract]

Future payments under the agreement

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