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Subsequent Events
3 Months Ended
Nov. 30, 2012
Subsequent Events  
Subsequent Events

G. Subsequent Events

 

The Company has evaluated all events and transactions that occurred after the balance sheet and through the date that the financial statements were available to be issued.

 

In December 2012, the Company issued an additional 25,000 shares of Common Stock at a purchase price of $5.00 per share to an existing shareholder in a private placement transaction for total proceeds of $125,000.  This transaction was completed pursuant to a Securities Purchase Agreement with the same terms as the November 2012 private placement transactions described herein.