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GENERAL AND ADMINISTRATIVE EXPENSES (Tables)
12 Months Ended
Aug. 31, 2012
GENERAL AND ADMINISTRATIVE EXPENSES [Abstract]  
Schedule of General and Administrative Expenses
 



Period from April

 



12, 2002
 



(inception)

 
Year ended


through

 
August 31


August 31,

 
2012


2011


2012
 









Compensation costs in respect of options
granted to employees, directors and
consultants

$ 172,470

$ 263,999

$ 2,049,406
Professional services


221,218


344,277


1,899,744
Consulting fees


159,136


171,167


970,900
Travel costs


71,529


54,976


545,930
Write off of debt


-


-


275,000
Business development


284,899


151,886


815,945
Payroll and related expenses


144,101


174,229


753,208
Insurance


22,375


23,890


118,921
Other


127,436


91,536


732,493
 
$ 1,203,164

$ 1,275,960

$ 8,161,547